KBC Group NV Lowers Holdings in PTC Inc. $PTC

KBC Group NV decreased its holdings in PTC Inc. (NASDAQ:PTC) by 49.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,556 shares of the technology company’s stock after selling 76,335 shares during the period. KBC Group NV’s holdings in PTC were worth $13,366,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Motco bought a new position in PTC in the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of PTC during the first quarter valued at approximately $33,000. Zions Bancorporation National Association UT purchased a new position in shares of PTC in the first quarter worth $39,000. SVB Wealth LLC bought a new position in shares of PTC during the first quarter worth $41,000. Finally, Assetmark Inc. grew its stake in PTC by 339.3% during the second quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after acquiring an additional 207 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

PTC Stock Performance

NASDAQ PTC opened at $174.57 on Friday. The company has a market cap of $20.91 billion, a P/E ratio of 41.17, a P/E/G ratio of 1.90 and a beta of 1.15. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.89 and a current ratio of 0.89. The business’s 50 day moving average price is $199.75 and its 200-day moving average price is $190.40. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PTC. Royal Bank Of Canada lifted their target price on PTC from $224.00 to $235.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Robert W. Baird set a $255.00 price target on PTC in a report on Wednesday, October 22nd. Piper Sandler reduced their price objective on PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Cantor Fitzgerald set a $120.00 target price on PTC and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Finally, Barclays set a $233.00 target price on shares of PTC in a report on Thursday, July 31st. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, PTC has a consensus rating of “Moderate Buy” and a consensus price target of $205.92.

About PTC

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.