Handelsbanken Fonder AB Purchases 246,700 Shares of Dynatrace, Inc. $DT

Handelsbanken Fonder AB boosted its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 11.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,491,100 shares of the company's stock after acquiring an additional 246,700 shares during the quarter. Handelsbanken Fonder AB owned 0.83% of Dynatrace worth $137,534,000 at the end of the most recent reporting period.

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Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DT. Belpointe Asset Management LLC acquired a new stake in Dynatrace in the first quarter valued at about $327,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Dynatrace by 8.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,218,892 shares of the company's stock worth $104,621,000 after acquiring an additional 166,648 shares during the last quarter. Hsbc Holdings PLC boosted its stake in shares of Dynatrace by 2.4% in the 1st quarter. Hsbc Holdings PLC now owns 329,615 shares of the company's stock valued at $15,516,000 after purchasing an additional 7,584 shares in the last quarter. Walter Public Investments Inc. grew its holdings in shares of Dynatrace by 12.4% during the 2nd quarter. Walter Public Investments Inc. now owns 323,956 shares of the company's stock valued at $17,886,000 after purchasing an additional 35,625 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Dynatrace by 29.3% during the 1st quarter. HighTower Advisors LLC now owns 33,558 shares of the company's stock worth $1,582,000 after purchasing an additional 7,606 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Rick M. Mcconnell sold 30,000 shares of the business's stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total value of $1,398,300.00. Following the transaction, the chief executive officer directly owned 108,125 shares of the company's stock, valued at $5,039,706.25. The trade was a 21.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dan Zugelder sold 7,503 shares of the company's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $50.00, for a total value of $375,150.00. Following the sale, the executive vice president owned 1,420 shares in the company, valued at approximately $71,000. The trade was a 84.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,602 shares of company stock worth $2,021,259 in the last three months. Corporate insiders own 0.57% of the company's stock.

Dynatrace Price Performance

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Dynatrace stock opened at $43.48 on Friday. The stock's 50 day moving average is $48.29 and its 200 day moving average is $50.80. Dynatrace, Inc. has a one year low of $39.30 and a one year high of $63.00. The firm has a market cap of $13.11 billion, a P/E ratio of 26.03, a P/E/G ratio of 3.60 and a beta of 0.85.

Dynatrace (NYSE:DT - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The firm had revenue of $493.85 million during the quarter, compared to analyst estimates of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The company's revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 EPS. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. Equities analysts anticipate that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

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A number of analysts have weighed in on the stock. Royal Bank Of Canada boosted their target price on shares of Dynatrace from $60.00 to $64.00 and gave the stock an "outperform" rating in a research note on Thursday, August 7th. UBS Group set a $51.00 price objective on Dynatrace in a research report on Thursday, November 6th. Truist Financial dropped their target price on Dynatrace from $60.00 to $55.00 and set a "buy" rating for the company in a research report on Wednesday. Guggenheim boosted their price target on Dynatrace from $66.00 to $68.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Finally, Cowen reaffirmed a "buy" rating on shares of Dynatrace in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Dynatrace has a consensus rating of "Moderate Buy" and a consensus price target of $61.59.

Check Out Our Latest Research Report on DT

About Dynatrace

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.

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