Citigroup Inc. Acquires 159,988 Shares of Dynatrace, Inc. $DT

Citigroup Inc. raised its stake in shares of Dynatrace, Inc. (NYSE:DT) by 74.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 374,790 shares of the company’s stock after buying an additional 159,988 shares during the quarter. Citigroup Inc. owned about 0.12% of Dynatrace worth $18,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Scge Management L.P. bought a new stake in shares of Dynatrace during the 2nd quarter worth $155,858,000. Norges Bank bought a new position in Dynatrace during the 2nd quarter worth approximately $87,620,000. Vanguard Group Inc. raised its holdings in Dynatrace by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 31,403,014 shares of the company’s stock valued at $1,733,760,000 after buying an additional 1,084,307 shares during the last quarter. Advent International L.P. grew its stake in shares of Dynatrace by 132.5% in the second quarter. Advent International L.P. now owns 1,211,331 shares of the company’s stock worth $66,878,000 after purchasing an additional 690,371 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in Dynatrace by 16,092.1% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 615,300 shares of the company’s stock worth $29,811,000 after acquiring an additional 611,500 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DT has been the subject of a number of analyst reports. Jefferies Financial Group reduced their price objective on Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, January 5th. BMO Capital Markets dropped their price target on shares of Dynatrace from $56.00 to $45.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. KeyCorp lifted their price target on shares of Dynatrace from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Robert W. Baird set a $47.00 target price on Dynatrace in a research note on Tuesday, February 10th. Finally, Wells Fargo & Company reduced their price objective on Dynatrace from $65.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Nineteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and a consensus price target of $52.52.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the transaction, the executive vice president directly owned 8,925 shares of the company’s stock, valued at $404,034.75. This trade represents a 45.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 7,843 shares of company stock worth $354,744. 0.57% of the stock is currently owned by corporate insiders.

Dynatrace Price Performance

NYSE:DT opened at $36.36 on Friday. The firm has a market capitalization of $10.84 billion, a P/E ratio of 59.61, a PEG ratio of 2.80 and a beta of 0.84. The company’s fifty day moving average price is $39.53 and its 200-day moving average price is $44.87. Dynatrace, Inc. has a 1-year low of $32.83 and a 1-year high of $59.92.

Dynatrace (NYSE:DT) last posted its earnings results on Monday, February 9th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The firm had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. During the same period last year, the firm earned $0.37 EPS. The company’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. Equities analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Dynatrace declared that its Board of Directors has authorized a stock buyback program on Monday, February 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 9.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Dynatrace Company 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.