PTC Inc. $PTC Shares Bought by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. lifted its holdings in shares of PTC Inc. (NASDAQ:PTC) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,024 shares of the technology company’s stock after buying an additional 332 shares during the quarter. Tilia Fiduciary Partners Inc.’s holdings in PTC were worth $1,900,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in PTC. T. Rowe Price Investment Management Inc. raised its position in PTC by 17.7% during the first quarter. T. Rowe Price Investment Management Inc. now owns 20,312,856 shares of the technology company’s stock worth $3,147,478,000 after acquiring an additional 3,048,311 shares during the period. Vanguard Group Inc. grew its position in shares of PTC by 0.3% in the first quarter. Vanguard Group Inc. now owns 14,332,180 shares of the technology company’s stock valued at $2,220,771,000 after purchasing an additional 39,688 shares during the period. Pictet Asset Management Holding SA raised its position in shares of PTC by 41.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,876,333 shares of the technology company’s stock worth $445,687,000 after purchasing an additional 844,418 shares during the last quarter. Wellington Management Group LLP raised its position in shares of PTC by 1.9% during the 1st quarter. Wellington Management Group LLP now owns 2,370,972 shares of the technology company’s stock worth $367,382,000 after purchasing an additional 44,961 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of PTC during the 1st quarter worth about $241,789,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Insider Buying and Selling at PTC

In other news, EVP Staats Aaron C. Von sold 1,988 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $216.29, for a total value of $429,984.52. Following the completion of the sale, the executive vice president owned 15,743 shares of the company’s stock, valued at $3,405,053.47. This represents a 11.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.32% of the stock is currently owned by company insiders.

PTC Stock Down 0.0%

PTC stock opened at $203.00 on Friday. The company has a market cap of $24.32 billion, a price-to-earnings ratio of 47.88, a PEG ratio of 1.95 and a beta of 1.14. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69. The firm has a 50-day moving average of $208.26 and a two-hundred day moving average of $180.96.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.42. The company had revenue of $643.94 million during the quarter, compared to the consensus estimate of $582.12 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. PTC’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. As a group, analysts forecast that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

PTC has been the subject of several research analyst reports. Wall Street Zen upgraded shares of PTC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 20th. Weiss Ratings restated a “hold (c+)” rating on shares of PTC in a research report on Saturday, September 27th. Wells Fargo & Company restated an “overweight” rating on shares of PTC in a research report on Tuesday, July 29th. Cantor Fitzgerald set a $120.00 price target on shares of PTC and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Finally, UBS Group restated a “buy” rating on shares of PTC in a research report on Tuesday, July 29th. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $202.14.

PTC Company Profile

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.