Public Employees Retirement System of Ohio Takes $3.74 Million Position in Dynatrace, Inc. $DT

Public Employees Retirement System of Ohio acquired a new position in shares of Dynatrace, Inc. (NYSE:DT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 85,267 shares of the company’s stock, valued at approximately $3,744,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA boosted its stake 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 acquiring an additional 1,160,690 shares in the last quarter. State Street Corp raised its holdings in Dynatrace by 1.0% during the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after purchasing an additional 101,994 shares during the last quarter. Bank of America Corp DE boosted its position in Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after purchasing an additional 7,045,591 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Dynatrace by 9.0% in the fourth 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 in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after buying an additional 5,958,505 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Stock Up 3.8%

Shares of Dynatrace stock opened at $52.82 on Friday. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $54.83. The business’s fifty day moving average is $46.95 and its two-hundred day moving average is $41.32. The firm has a market cap of $15.26 billion, a PE ratio of 105.64, a P/E/G ratio of 3.11 and a beta of 0.74.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The business had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. During the same quarter in the previous year, the business earned $0.42 earnings per share. The business’s revenue for the quarter was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Equities research analysts anticipate that Dynatrace, Inc. will post 1.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on DT. KeyCorp increased their price objective on shares of Dynatrace from $53.00 to $61.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a research report on Thursday, June 25th. BTIG Research raised their price objective on shares of Dynatrace from $47.00 to $62.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Truist Financial upped their target price on Dynatrace from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, Wedbush set a $48.00 target price on Dynatrace in a report on Friday, May 15th. Twenty-three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $54.81.

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.