MBL Wealth LLC Makes New $799,000 Investment in Dynatrace, Inc. $DT

MBL Wealth LLC purchased a new stake in shares of Dynatrace, Inc. (NYSE:DT) during the 3rd quarter, HoldingsChannel reports. The firm purchased 13,843 shares of the company’s stock, valued at approximately $799,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Argent Capital Management LLC purchased a new stake in shares of Dynatrace during the 3rd quarter worth about $21,868,000. Wellington Management Group LLP grew its position in shares of Dynatrace by 23.5% during the 2nd quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after acquiring an additional 2,191,497 shares during the period. Hsbc Holdings PLC grew its position in shares of Dynatrace by 12.0% during the 4th quarter. Hsbc Holdings PLC now owns 243,259 shares of the company’s stock valued at $10,568,000 after acquiring an additional 26,129 shares during the period. Globeflex Capital L P purchased a new position in shares of Dynatrace in the 2nd quarter valued at about $5,717,000. Finally, American Capital Management Inc. purchased a new position in shares of Dynatrace in the 1st quarter valued at about $38,987,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Performance

NYSE:DT opened at $64.14 on Friday. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $66.30. The stock has a market cap of $18.54 billion, a PE ratio of 128.27, a P/E/G ratio of 3.90 and a beta of 0.77. The stock has a 50 day moving average price of $56.36 and a 200 day moving average price of $46.62.

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

Insider Activity

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction on Friday, September 18th. The stock was sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the transaction, the executive vice president owned 904,846 shares in the company, valued at $51,766,239.66. The trade was a 5.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DT shares. UBS Group upped their price target on Dynatrace from $74.00 to $80.00 and gave the stock a “buy” rating in a report on Friday. Scotiabank reissued an “outperform” rating and issued a $61.00 price objective on shares of Dynatrace in a report on Thursday, August 6th. Wedbush lowered Dynatrace from an “outperform” rating to a “neutral” rating and set a $54.00 price objective on the stock. in a report on Thursday, September 10th. Barclays boosted their price objective on Dynatrace from $60.00 to $71.00 and gave the company an “overweight” rating in a research report on Tuesday, October 13th. Finally, Cantor Fitzgerald upped their target price on Dynatrace from $37.00 to $47.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.90.

Dynatrace Company Profile

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.