Danske Bank A S Has $16.92 Million Stock Holdings in Dynatrace, Inc. $DT

Danske Bank A S raised its holdings in Dynatrace, Inc. (NYSE:DTFree Report) by 6.3% during the fourth quarter, HoldingsChannel reports. The firm owned 390,401 shares of the company’s stock after acquiring an additional 22,991 shares during the quarter. Danske Bank A S’s holdings in Dynatrace were worth $16,920,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of DT. V Square Quantitative Management LLC acquired a new stake in shares of Dynatrace in the 4th quarter valued at $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of Dynatrace by 561.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in shares of Dynatrace in the 3rd quarter valued at $37,000. First Horizon Corp acquired a new stake in shares of Dynatrace in the 3rd quarter valued at $39,000. Finally, True Wealth Design LLC boosted its holdings in shares of Dynatrace by 99.6% in the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after purchasing an additional 447 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Transactions at Dynatrace

In related news, EVP Stephen A. Mcmahon bought 3,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average cost of $35.75 per share, with a total value of $107,250.00. Following the transaction, the executive vice president directly owned 3,454 shares in the company, valued at approximately $123,480.50. This trade represents a 660.79% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is currently owned by corporate insiders.

Dynatrace Stock Up 0.1%

Shares of NYSE:DT opened at $37.64 on Monday. The firm has a market cap of $11.23 billion, a P/E ratio of 61.71, a P/E/G ratio of 2.30 and a beta of 0.70. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $57.55. The business has a fifty day simple moving average of $36.61 and a 200 day simple moving average of $40.99.

Dynatrace (NYSE:DTGet Free Report) last announced its earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The business had revenue of $515.47 million during the quarter, compared to analyst estimates of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.Dynatrace’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period last year, the company earned $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, equities research analysts expect that Dynatrace, Inc. will post 0.88 EPS for the current year.

Dynatrace declared that its board has authorized a stock buyback program on Monday, February 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DT shares. DA Davidson raised Dynatrace to a “strong-buy” rating in a report on Thursday. BTIG Research reissued a “buy” rating and set a $53.00 price objective on shares of Dynatrace in a report on Thursday, February 19th. Royal Bank Of Canada reissued an “outperform” rating on shares of Dynatrace in a report on Monday, February 9th. The Goldman Sachs Group assumed coverage on Dynatrace in a report on Tuesday, April 21st. They set a “buy” rating and a $45.00 price objective on the stock. Finally, Rothschild & Co Redburn assumed coverage on Dynatrace in a report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.32.

Get Our Latest Analysis on Dynatrace

Dynatrace Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dynatrace, Inc. (NYSE:DTFree Report).

Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.