Torque Asset Management LLC Invests $10.96 Million in Dynatrace, Inc. $DT

Torque Asset Management LLC bought a new position in shares of Dynatrace, Inc. (NYSE:DT) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 252,904 shares of the company’s stock, valued at approximately $10,961,000. Dynatrace makes up about 3.8% of Torque Asset Management LLC’s holdings, making the stock its 10th biggest holding.

Other hedge funds also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in shares of Dynatrace during the 4th quarter worth about $26,000. RHL Group LLC acquired a new stake in Dynatrace in the 4th quarter worth about $30,000. Larson Financial Group LLC raised its stake in Dynatrace by 168.8% in 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 in the last quarter. True Wealth Design LLC raised its stake in Dynatrace by 99.6% in the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after purchasing an additional 447 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after purchasing an additional 272 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Up 1.0%

DT stock opened at $41.17 on Tuesday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The firm has a market cap of $12.00 billion, a P/E ratio of 76.24, a P/E/G ratio of 2.65 and a beta of 0.75. The company’s 50-day moving average price is $38.51 and its two-hundred day moving average price is $39.49.

Dynatrace (NYSE:DT) last released its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. During the same period last year, the firm earned $0.33 EPS. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on DT shares. Morgan Stanley dropped their price objective on shares of Dynatrace from $43.00 to $40.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. BTIG Research dropped their price objective on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Wedbush set a $48.00 price objective on shares of Dynatrace in a research note on Friday, May 15th. JPMorgan Chase & Co. dropped their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Finally, BMO Capital Markets lifted their price objective on shares of Dynatrace from $43.00 to $50.00 and gave the stock an “outperform” rating in a research note on Tuesday. Twenty-two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average target price of $47.69.

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.