Dynatrace (NYSE:DT – Get Free Report) had its price objective decreased by analysts at TD Cowen from $60.00 to $50.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s target price would indicate a potential upside of 40.50% from the company’s current price.
DT has been the topic of a number of other reports. Canaccord Genuity Group set a $50.00 target price on Dynatrace in a report on Tuesday, February 10th. Morgan Stanley decreased their target price on Dynatrace from $57.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 10th. Stifel Nicolaus set a $51.00 target price on Dynatrace in a report on Monday, February 9th. Keefe, Bruyette & Woods raised Dynatrace to a “buy” rating in a report on Monday, February 9th. Finally, Barclays decreased their target price on Dynatrace from $57.00 to $47.00 and set an “overweight” rating on the stock in a report on Tuesday, February 10th. Nineteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $52.88.
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Dynatrace Stock Up 0.4%
Dynatrace (NYSE:DT – Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The business’s revenue was up 18.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 EPS. 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, sell-side analysts expect that Dynatrace will post 0.68 EPS for the current year.
Dynatrace declared that its Board of Directors has approved a share repurchase plan on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.
Insider Buying and Selling
In other news, EVP Stephen A. Mcmahon acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average cost of $35.75 per share, with a total value of $107,250.00. Following the acquisition, the executive vice president directly owned 3,454 shares in the company, valued at $123,480.50. This represents a 660.79% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 0.57% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DT. NewEdge Advisors LLC grew 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 in the last quarter. Jones Financial Companies Lllp grew 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 purchasing an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 worth $85,000 after purchasing an additional 272 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock worth $43,816,000 after purchasing 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 worth $410,000. 94.28% of the stock is owned by institutional investors and hedge funds.
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.
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