First Trust Advisors LP Buys 338,845 Shares of Dynatrace, Inc. $DT

First Trust Advisors LP raised its stake in shares of Dynatrace, Inc. (NYSE:DT) by 87.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 726,094 shares of the company’s stock after purchasing an additional 338,845 shares during the period. First Trust Advisors LP owned 0.24% of Dynatrace worth $40,088,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DT. MAI Capital Management grew its stake in Dynatrace by 122.4% in the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock valued at $30,000 after buying an additional 301 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in Dynatrace during the 2nd quarter worth $34,000. Eastern Bank bought a new stake in Dynatrace during the second quarter valued at about $35,000. Brooklyn Investment Group grew its position in shares of Dynatrace by 761.9% in the first quarter. Brooklyn Investment Group now owns 905 shares of the company’s stock valued at $43,000 after purchasing an additional 800 shares during the last quarter. Finally, CX Institutional increased its stake in shares of Dynatrace by 42.6% in the second quarter. CX Institutional now owns 1,221 shares of the company’s stock worth $67,000 after purchasing an additional 365 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Wall Street Zen downgraded Dynatrace from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Truist Financial dropped their target price on shares of Dynatrace from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. Cantor Fitzgerald cut their target price on shares of Dynatrace from $57.00 to $51.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Scotiabank decreased their price target on shares of Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $67.00 price objective on shares of Dynatrace in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.59.

Dynatrace Stock Performance

Shares of DT stock opened at $45.18 on Wednesday. The firm has a fifty day moving average of $47.24 and a 200-day moving average of $50.18. The stock has a market cap of $13.62 billion, a price-to-earnings ratio of 27.05, a P/E/G ratio of 3.56 and a beta of 0.87. Dynatrace, Inc. has a 52-week low of $39.30 and a 52-week high of $63.00.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $493.85 million for the quarter, compared to analysts’ expectations of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. On average, sell-side analysts predict that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Insider Transactions at Dynatrace

In related news, CEO Rick M. Mcconnell sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the completion of the transaction, the chief executive officer owned 108,125 shares in the company, valued at $5,039,706.25. This trade represents a 21.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dan Zugelder sold 7,503 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $50.00, for a total value of $375,150.00. Following the completion of the sale, the executive vice president directly owned 1,420 shares in the company, valued at approximately $71,000. This represents a 84.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 39,841 shares of company stock valued at $1,881,823. Corporate insiders own 0.57% of the company’s stock.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.