Dynatrace: Citigroup Maintains Buy Rating, Cuts PT to $64 from $68

Dynatrace: Citigroup Maintains Buy Rating, Cuts PT to $64 from $68

Citigroup Inc. has maintained its buy rating on Dynatrace Inc. (NYSE: DT) while adjusting its price target to $64 from $68, according to the latest financial filing with the Securities & Exchange Commission. This update reflects the ongoing interest and support from institutional investors for the company's stock.

During the first quarter, Citigroup grew its position in Dynatrace by 10.8%, owning 259,119 shares after purchasing an additional 25,205 shares. The investment, valued at approximately $12,217,000, represents a 0.09% stake in the company. This position places Citigroup among the top institutional investors in Dynatrace, with institutional ownership standing at 94.28% [1].

Several other institutional investors have also recently modified their holdings in Dynatrace. Mariner LLC increased its position by 0.4% in the fourth quarter, now owning 145,979 shares worth $7,934,000. Ontario Teachers Pension Plan Board bought a new stake worth about $709,000, and Jump Financial LLC bought a new stake worth about $1,240,000. NewEdge Advisors LLC raised its position by 14.4%, owning 7,289 shares worth $396,000. GKV Capital Management Co. Inc. also bought a new stake worth about $109,000 [1].

In related news, EVP Dan Zugelder sold 15,824 shares of Dynatrace stock, reducing his direct ownership to 17,242 shares, valued at approximately $940,033.84. The sale was a 47.86% decrease in his ownership, reflecting a total value of $862,724.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission [1].

Analysts have been active in their assessments of Dynatrace. DA Davidson raised its price target to $65, giving the stock a buy rating. Wall Street Zen upgraded Dynatrace to a buy rating, while Wedbush reaffirmed an outperform rating with a $67.00 price target. BMO Capital Markets lowered its price target to $62.00, maintaining an outperform rating. Rosenblatt Securities reaffirmed a buy rating with a $67.00 price target. Six analysts have rated Dynatrace with a hold rating, sixteen with a buy rating, and one with a strong buy rating. The consensus rating is a moderate buy, with a consensus price target of $62.57 [1].

Dynatrace reported earnings of $0.42 per share for the quarter, beating the consensus estimate of $0.38. The company also reported a net margin of 27.75% and a return on equity of 9.15%. Revenue was $477.35 million, up 19.5% year-over-year. The company operates a security platform for multicloud environments, providing a range of monitoring and analytics services [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-citigroup-inc-acquires-25205-shares-of-dynatrace-inc-nysedt-2025-08-15/