Squarepoint Ops LLC Has $20.32 Million Stock Position in Dynatrace, Inc. $DT

Squarepoint Ops LLC trimmed its stake in Dynatrace, Inc. (NYSE:DT) by 80.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 462,795 shares of the company’s stock after selling 1,933,412 shares during the period. Squarepoint Ops LLC’s holdings in Dynatrace were worth $20,321,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DT. NewEdge Advisors LLC increased its holdings in Dynatrace by 25.3% in the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after buying an additional 1,846 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Dynatrace by 19.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock worth $102,000 after acquiring an additional 348 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares in the last quarter. Invesco Ltd. boosted its position in shares of Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after acquiring an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Dynatrace during the 2nd quarter valued at about $410,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $50.53 on Thursday. The firm has a 50 day simple moving average of $47.51 and a 200 day simple moving average of $41.73. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $54.83. The firm has a market cap of $14.60 billion, a P/E ratio of 101.06, a P/E/G ratio of 3.07 and a beta of 0.74.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The business had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The firm’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.42 earnings per share. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, sell-side analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current year.

Analysts Set New Price Targets

DT has been the subject of a number of recent research reports. BTIG Research increased their target price on Dynatrace from $47.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Citigroup boosted their price target on Dynatrace from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Barclays upped their price target on Dynatrace from $48.00 to $60.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Truist Financial increased their price objective on Dynatrace from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Dynatrace in a report on Thursday, August 6th. Twenty-three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Dynatrace currently has an average rating of “Moderate Buy” and a consensus target price of $54.81.

Dynatrace 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.