denkapparat Operations GmbH Buys New Stake in PTC Inc. $PTC

denkapparat Operations GmbH purchased a new position in shares of PTC Inc. (NASDAQ:PTC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,586 shares of the technology company’s stock, valued at approximately $446,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. T. Rowe Price Investment Management Inc. lifted its stake in PTC by 17.7% during the 1st 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 in the last quarter. Nuveen LLC purchased a new stake in PTC during the first quarter worth about $241,789,000. Pictet Asset Management Holding SA increased its stake in PTC by 41.6% during the first 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 period. CCLA Investment Management acquired a new stake in shares of PTC during the second quarter worth about $94,629,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of PTC by 27.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,480 shares of the technology company’s stock valued at $235,134,000 after purchasing an additional 327,326 shares during the period. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on PTC. Weiss Ratings downgraded shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Rosenblatt Securities dropped their price target on shares of PTC from $227.00 to $220.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. KeyCorp reaffirmed an “overweight” rating and set a $245.00 price objective (up previously from $192.00) on shares of PTC in a research report on Thursday, July 31st. Barclays set a $233.00 target price on PTC in a report on Thursday, July 31st. Finally, Wells Fargo & Company restated an “overweight” rating on shares of PTC in a report on Tuesday, July 29th. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $205.92.

PTC Trading Up 0.3%

Shares of PTC stock opened at $178.00 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $201.21 and a 200-day simple moving average of $190.59. The stock has a market cap of $21.32 billion, a price-to-earnings ratio of 41.98, a PEG ratio of 1.90 and a beta of 1.15. PTC Inc. has a 12-month low of $133.38 and a 12-month high of $219.69.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $1.21. PTC had a net margin of 20.74% and a return on equity of 17.09%. The firm had revenue of $893.80 million during the quarter, compared to analysts’ expectations of $752.05 million. During the same period in the previous year, the company earned $1.54 earnings per share. PTC’s quarterly revenue was up 42.7% compared to the same quarter last year. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. On average, equities analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

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.