Sumitomo Mitsui Trust Group Inc. Sells 638,360 Shares of Dynatrace, Inc. $DT

Sumitomo Mitsui Trust Group Inc. cut its holdings in Dynatrace, Inc. (NYSE:DT) by 98.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,500 shares of the company’s stock after selling 638,360 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Dynatrace were worth $425,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. V Square Quantitative Management LLC acquired a new position in Dynatrace during the 4th quarter worth about $26,000. Brown Lisle Cummings Inc. increased its position in Dynatrace by 218.8% in the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after acquiring an additional 547 shares in the last quarter. RHL Group LLC acquired a new stake in Dynatrace in the 4th quarter valued at about $30,000. Larson Financial Group LLC raised its stake in shares of Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after acquiring an additional 508 shares during the last quarter. Finally, True Wealth Design LLC raised its stake in shares of Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after acquiring an additional 447 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Trading Down 0.6%

Shares of DT opened at $44.91 on Friday. The stock has a market cap of $13.04 billion, a P/E ratio of 83.18, a price-to-earnings-growth ratio of 2.90 and a beta of 0.73. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $55.49. The stock’s 50-day moving average price is $41.90 and its two-hundred day moving average price is $39.30.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.Dynatrace’s revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, equities analysts forecast that Dynatrace, Inc. will post 1.12 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on DT shares. DA Davidson increased their price target on shares of Dynatrace from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday. Canaccord Genuity Group dropped their price objective on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. JPMorgan Chase & Co. reduced their price objective on Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. The Goldman Sachs Group lifted their target price on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, William Blair started coverage on Dynatrace in a research report on Thursday, May 21st. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $49.27.

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.