Congress Asset Management Co. Trims Stock Holdings in Dynatrace, Inc. $DT

Congress Asset Management Co. lowered its stake in shares of Dynatrace, Inc. (NYSE:DT) by 21.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,616,102 shares of the company’s stock after selling 715,320 shares during the period. Congress Asset Management Co. owned 0.87% of Dynatrace worth $113,382,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Cornerstone Planning Group LLC grew its position in shares of Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares in the last quarter. MAI Capital Management lifted its holdings in Dynatrace by 122.4% during the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after purchasing an additional 301 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new position in Dynatrace in the 3rd quarter worth about $37,000. First Horizon Corp bought a new position in Dynatrace in the 3rd quarter worth about $39,000. Finally, True Wealth Design LLC grew its holdings in Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after buying an additional 447 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. The trade was a 660.79% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Dynatrace Trading Up 0.6%

Shares of NYSE DT opened at $38.28 on Tuesday. The business has a 50-day moving average of $37.80 and a 200-day moving average of $43.53. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 62.75, a PEG ratio of 3.03 and a beta of 0.82. Dynatrace, Inc. has a 12 month low of $32.83 and a 12 month high of $57.55.

Dynatrace (NYSE:DT) last announced its earnings results on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business had revenue of $515.47 million for the quarter, compared to the consensus estimate of $506.31 million. During the same period last year, the firm posted $0.37 earnings per share. Dynatrace’s quarterly revenue was up 18.2% on a year-over-year basis. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. On average, analysts predict that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Dynatrace announced that its board has authorized a share buyback plan on Monday, February 9th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DT shares. Robert W. Baird set a $47.00 price target on Dynatrace in a research report on Tuesday, February 10th. Guggenheim reaffirmed a “buy” rating and set a $68.00 price objective on shares of Dynatrace in a research note on Tuesday, February 10th. Rosenblatt Securities decreased their target price on shares of Dynatrace from $67.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Canaccord Genuity Group set a $50.00 target price on shares of Dynatrace in a research note on Tuesday, February 10th. Finally, Barclays cut their price target on shares of Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Nineteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $53.48.

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.