Dynatrace (NYSE:DT) Given New $60.00 Price Target at Rosenblatt Securities

Dynatrace (NYSE:DT) had its price target cut by equities research analysts at Rosenblatt Securities from $67.00 to $60.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ price objective would indicate a potential upside of 58.54% from the company’s previous close.

A number of other brokerages also recently commented on DT. Jefferies Financial Group reduced their price target on Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a report on Monday, January 5th. Royal Bank Of Canada dropped their price target on shares of Dynatrace from $64.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. UBS Group set a $51.00 price objective on shares of Dynatrace in a research note on Thursday, November 6th. TD Cowen dropped their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Finally, KeyCorp lowered their price target on Dynatrace from $69.00 to $60.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Eighteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $59.65.

Dynatrace Stock Performance

Shares of NYSE:DT opened at $37.85 on Friday. The business’s 50-day simple moving average is $43.02 and its 200 day simple moving average is $47.12. The company has a market cap of $11.41 billion, a P/E ratio of 22.66, a PEG ratio of 3.21 and a beta of 0.85. Dynatrace has a one year low of $37.43 and a one year high of $63.00.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. The company had revenue of $493.85 million during the quarter, compared to the consensus estimate of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. Dynatrace’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. Analysts predict that Dynatrace will post 0.68 earnings per share for the current year.

Insider Buying and Selling at Dynatrace

In related news, CAO Daniel S. Yates sold 2,000 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $46.69, for a total value of $93,380.00. Following the completion of the transaction, the chief accounting officer directly owned 23,380 shares of the company’s stock, valued at $1,091,612.20. This represents a 7.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the sale, the executive vice president owned 8,925 shares in the company, valued at approximately $404,034.75. This represents a 45.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 39,843 shares of company stock valued at $1,846,424 in the last ninety days. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

Several institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP raised its position in shares of Dynatrace by 719.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock worth $355,629,000 after buying an additional 6,444,262 shares in the last quarter. Scge Management L.P. bought a new position in Dynatrace during the 2nd quarter valued at $155,858,000. Pictet Asset Management Holding SA boosted its stake in Dynatrace by 16.5% during the 4th quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock valued at $634,985,000 after purchasing an additional 2,076,990 shares in the last quarter. Norges Bank acquired a new stake in shares of Dynatrace in the second quarter valued at $87,620,000. Finally, Freestone Grove Partners LP boosted its stake in Dynatrace by 2,618.6% during the third quarter. Freestone Grove Partners LP now owns 1,429,738 shares of the company’s stock valued at $69,271,000 after buying an additional 1,377,148 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

About Dynatrace

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.