Dynatrace, Inc. $DT Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its position in shares of Dynatrace, Inc. (NYSE:DT) by 7.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,809,223 shares of the company’s stock after buying an additional 1,160,690 shares during the quarter. Dynatrace comprises approximately 0.6% of Pictet Asset Management Holding SA’s portfolio, making the stock its 29th largest position. Pictet Asset Management Holding SA owned about 5.30% of Dynatrace worth $584,649,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC purchased a new stake in Dynatrace in the fourth quarter valued at $26,000. RHL Group LLC purchased a new position in shares of Dynatrace during the 4th quarter worth $30,000. Brown Lisle Cummings Inc. increased its position in shares of Dynatrace by 218.8% during the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after purchasing an additional 547 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares during the last quarter. Finally, True Wealth Design LLC raised its holdings in Dynatrace by 99.6% in 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 during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Stock Performance

Shares of DT stock opened at $43.27 on Friday. The stock has a market capitalization of $12.61 billion, a P/E ratio of 80.14, a price-to-earnings-growth ratio of 2.78 and a beta of 0.75. The company has a 50 day moving average price of $39.57 and a 200 day moving average price of $39.31. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55.

Dynatrace (NYSE:DT) last released its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, research analysts forecast that Dynatrace, Inc. will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

DT has been the subject of several research analyst reports. KeyCorp lowered their target price on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group decreased their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. William Blair began coverage on shares of Dynatrace in a research report on Thursday, May 21st. They set an “outperform” rating for the company. Guggenheim downgraded shares of Dynatrace from a “buy” rating to a “neutral” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings lowered Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Twenty-two research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average target price of $47.88.

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.