Walter Public Investments Inc. Sells 175,106 Shares of Dynatrace, Inc. $DT

Walter Public Investments Inc. cut its holdings in Dynatrace, Inc. (NYSE:DT) by 78.5% in the first quarter, Holdings Channel.com reports. The fund owned 47,930 shares of the company’s stock after selling 175,106 shares during the quarter. Walter Public Investments Inc.’s holdings in Dynatrace were worth $1,772,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Praxis Investment Management Inc. lifted its stake in shares of Dynatrace by 47.9% in the 1st quarter. Praxis Investment Management Inc. now owns 9,704 shares of the company’s stock valued at $359,000 after purchasing an additional 3,143 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new stake in Dynatrace in the first quarter worth $324,000. Y Intercept Hong Kong Ltd increased its position in Dynatrace by 14.1% during the first quarter. Y Intercept Hong Kong Ltd now owns 75,453 shares of the company’s stock worth $2,790,000 after buying an additional 9,314 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Dynatrace during the first quarter worth $215,000. Finally, Platform Technology Partners bought a new position in Dynatrace during the first quarter valued at about $203,000. 94.28% of the stock is owned by institutional investors.

Dynatrace Price Performance

DT stock opened at $44.75 on Friday. The stock has a market capitalization of $13.04 billion, a price-to-earnings ratio of 82.88, a price-to-earnings-growth ratio of 2.87 and a beta of 0.73. The company has a 50-day moving average of $40.46 and a two-hundred day moving average of $39.29. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $57.55.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same quarter in the previous year, the firm earned $0.33 EPS. The firm’s revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities analysts expect that Dynatrace, Inc. will post 1.12 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on DT. DA Davidson decreased their price target on Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. TD Cowen cut their price objective on Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Rosenblatt Securities reduced their target price on Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a report on Friday, May 1st. BMO Capital Markets upped their target price on Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. Finally, Canaccord Genuity Group lowered their price target on Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Twenty-two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.88.

Dynatrace Profile

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.