Dynatrace, Inc. $DT Shares Sold by Keenan Capital LLC

Keenan Capital LLC lessened its position in shares of Dynatrace, Inc. (NYSE:DT) by 31.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,126,280 shares of the company’s stock after selling 521,254 shares during the quarter. Dynatrace comprises about 9.8% of Keenan Capital LLC’s holdings, making the stock its 4th largest position. Keenan Capital LLC’s holdings in Dynatrace were worth $49,455,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Cim LLC grew its position in Dynatrace by 1.0% in the third quarter. Cim LLC now owns 22,184 shares of the company’s stock worth $1,075,000 after acquiring an additional 228 shares during the period. Orion Porfolio Solutions LLC lifted its stake in shares of Dynatrace by 1.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after purchasing an additional 231 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after purchasing an additional 272 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Dynatrace by 1.3% during the 4th quarter. Principal Securities Inc. now owns 24,879 shares of the company’s stock worth $1,078,000 after purchasing an additional 316 shares during the period. Finally, MJP Associates Inc. ADV grew its holdings in shares of Dynatrace by 5.8% during the 4th quarter. MJP Associates Inc. ADV now owns 6,242 shares of the company’s stock worth $271,000 after purchasing an additional 340 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Trading Down 2.9%

DT opened at $50.39 on Wednesday. The stock’s 50-day moving average price is $47.40 and its 200 day moving average price is $41.63. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $54.83. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 100.77, a PEG ratio of 3.17 and a beta of 0.74.

Dynatrace (NYSE:DT) last announced its earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.Dynatrace’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period last year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, research analysts forecast that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Wall Street Analyst Weigh In

DT has been the topic of several research analyst reports. Wolfe Research restated an “outperform” rating and issued a $42.00 price objective on shares of Dynatrace in a report on Thursday, May 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $52.00 target price on shares of Dynatrace in a research note on Tuesday, August 4th. Wedbush set a $48.00 price target on shares of Dynatrace in a research report on Friday, May 15th. Citigroup boosted their price target on shares of Dynatrace from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Twenty-three equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.81.

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.