Allstate Corp Makes New $608,000 Investment in Dynatrace, Inc. $DT

Allstate Corp bought a new position in shares of Dynatrace, Inc. (NYSE:DT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,546 shares of the company’s stock, valued at approximately $608,000.

A number of other hedge funds have also modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in Dynatrace by 6.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,234 shares of the company’s stock valued at $541,000 after acquiring an additional 686 shares in the last quarter. Amalgamated Bank lifted its stake in Dynatrace by 1.7% in the 3rd quarter. Amalgamated Bank now owns 147,662 shares of the company’s stock worth $7,154,000 after purchasing an additional 2,398 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in shares of Dynatrace by 5.5% during the 3rd quarter. Maryland State Retirement & Pension System now owns 14,538 shares of the company’s stock worth $704,000 after purchasing an additional 756 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Dynatrace by 132.7% in the third quarter. Sequoia Financial Advisors LLC now owns 66,393 shares of the company’s stock valued at $3,217,000 after purchasing an additional 37,863 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its position in shares of Dynatrace by 122.3% in the third quarter. Evergreen Capital Management LLC now owns 10,812 shares of the company’s stock valued at $524,000 after purchasing an additional 5,949 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on DT shares. Jefferies Financial Group reduced their price objective on Dynatrace from $65.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Scotiabank reduced their price target on Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Citigroup dropped their price objective on shares of Dynatrace from $64.00 to $60.00 and set a “buy” rating for the company in a report on Friday, January 16th. KeyCorp cut their price objective on shares of Dynatrace from $69.00 to $60.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Finally, Wall Street Zen downgraded shares of Dynatrace from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Eighteen 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, the company has an average rating of “Moderate Buy” and a consensus target price of $59.96.

Insiders Place Their Bets

In other news, CEO Rick M. Mcconnell sold 30,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total value of $1,398,300.00. Following the completion of the sale, the chief executive officer directly owned 108,125 shares of the company’s stock, valued at approximately $5,039,706.25. This represents a 21.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Daniel S. Yates sold 2,000 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $46.69, for a total transaction of $93,380.00. Following the completion of the sale, the chief accounting officer owned 23,380 shares of the company’s stock, valued at approximately $1,091,612.20. This trade represents a 7.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 39,843 shares of company stock valued at $1,846,424 in the last ninety days. Insiders own 0.57% of the company’s stock.

Dynatrace Trading Up 4.2%

Shares of DT opened at $41.05 on Friday. The company’s 50-day moving average price is $43.53 and its 200 day moving average price is $47.62. Dynatrace, Inc. has a 12-month low of $38.50 and a 12-month high of $63.00. The firm has a market cap of $12.38 billion, a P/E ratio of 24.58, a price-to-earnings-growth ratio of 3.11 and a beta of 0.85.

Dynatrace (NYSE:DT) last announced its quarterly 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. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The business had revenue of $493.85 million during the quarter, compared to analysts’ expectations of $487.33 million. During the same period last year, the business earned $0.37 earnings per share. The business’s revenue for the quarter was up 18.1% on a year-over-year basis. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. Equities research analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

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.