B.A. Schrock Wealth Management Inc. Makes New $1.70 Million Investment in Dynatrace, Inc. $DT

B.A. Schrock Wealth Management Inc. bought a new stake in Dynatrace, Inc. (NYSE:DT) in the third quarter, Holdings Channel.com reports. The firm bought 28,595 shares of the company’s stock, valued at approximately $1,695,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. CX Institutional boosted its position in Dynatrace by 1,119.0% during the second quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after acquiring an additional 649 shares during the last quarter. Brown Lisle Cummings Inc. raised its holdings in Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after acquiring an additional 547 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in Dynatrace by 37.8% in the 3rd quarter. Elevation Wealth Partners LLC now owns 929 shares of the company’s stock valued at $54,000 after acquiring an additional 255 shares during the last quarter. SJS Investment Consulting Inc. raised its holdings in Dynatrace by 577.2% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock valued at $55,000 after acquiring an additional 1,264 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Dynatrace by 115.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,512 shares of the company’s stock worth $56,000 after purchasing an additional 811 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Dynatrace Stock Performance

Shares of Dynatrace stock opened at $63.61 on Thursday. The stock has a 50 day moving average of $54.46 and a 200 day moving average of $45.40. The firm has a market capitalization of $18.38 billion, a price-to-earnings ratio of 127.22, a PEG ratio of 3.96 and a beta of 0.77. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $66.30.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The business had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%. The company’s revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current year.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $57.21, for a total value of $2,860,500.00. Following the sale, the executive vice president owned 904,846 shares of the company’s stock, valued at $51,766,239.66. The trade was a 5.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DT has been the topic of several recent research reports. Needham & Company LLC upgraded Dynatrace from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a report on Friday, September 18th. BTIG Research reaffirmed a “buy” rating and issued a $62.00 price target on shares of Dynatrace in a report on Tuesday, September 15th. The Goldman Sachs Group increased their price target on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Rosenblatt Securities reiterated a “buy” rating and set a $52.00 price objective on shares of Dynatrace in a research report on Tuesday, August 4th. Finally, Canaccord Genuity Group lifted their price objective on Dynatrace from $46.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Twenty-four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.14.

Dynatrace Company Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.