Dynatrace, Inc. $DT Shares Purchased by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Dynatrace, Inc. (NYSE:DT) by 203.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,650 shares of the company’s stock after purchasing an additional 11,843 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Dynatrace were worth $653,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DT. V Square Quantitative Management LLC acquired a new stake in Dynatrace during the 4th quarter worth about $26,000. RHL Group LLC purchased a new stake in shares of Dynatrace in the fourth quarter valued at approximately $30,000. Brown Lisle Cummings Inc. raised its position in Dynatrace by 218.8% during the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares during the period. Larson Financial Group LLC raised its position in shares of Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares during the last quarter. Finally, True Wealth Design LLC raised its holdings in shares of Dynatrace by 99.6% during the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of NYSE:DT opened at $44.91 on Friday. The company’s fifty day moving average price is $41.90 and its 200 day moving average price is $39.30. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $55.49. The firm has a market capitalization of $13.04 billion, a P/E ratio of 83.18, a P/E/G ratio of 2.90 and a beta of 0.73.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same period in the prior year, the firm earned $0.33 EPS. The business’s revenue was up 19.4% on a year-over-year basis. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, sell-side analysts anticipate that Dynatrace, Inc. will post 1.12 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on DT. Canaccord Genuity Group reduced their target price on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. BTIG Research cut their target price on Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Barclays reduced their price target on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. The Goldman Sachs Group boosted their price objective on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Finally, Truist Financial upped their target price on shares of Dynatrace from $45.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average target price of $49.27.

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.