Dynatrace, Inc. $DT Position Increased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 37.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 847,400 shares of the company’s stock after purchasing an additional 232,100 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.28% of Dynatrace worth $36,726,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in DT. V Square Quantitative Management LLC bought a new stake in Dynatrace during the fourth quarter valued at $26,000. Cornerstone Planning Group LLC increased its stake in Dynatrace by 561.4% during the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in Dynatrace during the third quarter valued at $37,000. First Horizon Corp bought a new stake in Dynatrace during the third quarter valued at $39,000. Finally, True Wealth Design LLC increased its stake in 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 purchasing an additional 447 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

In other Dynatrace news, EVP Stephen A. Mcmahon purchased 3,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.57% of the company’s stock.

Dynatrace Stock Down 2.7%

Shares of DT opened at $39.14 on Wednesday. The firm has a 50-day moving average price of $37.14 and a 200 day moving average price of $40.59. The firm has a market capitalization of $11.67 billion, a PE ratio of 64.17, a P/E/G ratio of 2.46 and a beta of 0.70. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $57.55.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, May 13th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.17). Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. 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, equities analysts expect that Dynatrace, Inc. will post 0.88 EPS for the current year.

Dynatrace announced that its Board of Directors has authorized a share buyback plan on Monday, February 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to repurchase up to 9.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

DT has been the subject of several recent research reports. Morgan Stanley lowered their price target on shares of Dynatrace from $57.00 to $43.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 10th. Robert W. Baird set a $47.00 price target on shares of Dynatrace in a research report on Tuesday, February 10th. Stifel Nicolaus set a $51.00 price target on shares of Dynatrace in a research report on Monday, February 9th. DA Davidson upgraded shares of Dynatrace to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Barclays lowered their price target on shares of Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $51.32.

Dynatrace Company 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.