Moran Wealth Management LLC Sells 36,246 Shares of Dynatrace, Inc. $DT

Moran Wealth Management LLC reduced its holdings in Dynatrace, Inc. (NYSE:DT) by 31.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 79,333 shares of the company’s stock after selling 36,246 shares during the quarter. Moran Wealth Management LLC’s holdings in Dynatrace were worth $2,934,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Pictet Asset Management Holding SA lifted its position in shares of Dynatrace by 7.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after purchasing an additional 1,160,690 shares during the last quarter. State Street Corp grew its holdings in Dynatrace by 1.0% in the 4th quarter. State Street Corp now owns 10,664,357 shares of the company’s stock valued at $462,193,000 after buying an additional 101,994 shares during the last quarter. Wellington Management Group LLP grew its holdings in Dynatrace by 9.0% in the 4th quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock valued at $346,716,000 after buying an additional 659,792 shares during the last quarter. Geode Capital Management LLC grew its holdings in Dynatrace by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 6,098,443 shares of the company’s stock valued at $263,631,000 after buying an additional 137,225 shares during the last quarter. Finally, Eminence Capital LP increased its position in Dynatrace by 33.0% in the 4th quarter. Eminence Capital LP now owns 4,527,266 shares of the company’s stock worth $196,212,000 after buying an additional 1,122,855 shares during the period. 94.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on DT shares. KeyCorp cut their price target on Dynatrace from $52.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. DA Davidson dropped their target price on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Morgan Stanley cut their target price 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. Wolfe Research reissued an “outperform” rating and issued a $42.00 price target on shares of Dynatrace in a report on Thursday, May 14th. Finally, BTIG Research decreased their price target on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Twenty-two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $47.88.

Dynatrace Trading Down 0.0%

Shares of DT stock opened at $44.75 on Monday. The stock has a 50 day moving average of $40.46 and a two-hundred day moving average of $39.25. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The company has a market capitalization of $13.04 billion, a P/E ratio of 82.88, a P/E/G ratio of 2.87 and a beta of 0.73.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.Dynatrace’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Sell-side analysts predict that Dynatrace, Inc. will post 1.12 earnings per share for the current fiscal year.

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.