Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Stock Holdings in PTC Inc. $PTC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of PTC Inc. (NASDAQ:PTCFree Report) by 6.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 29,418 shares of the technology company’s stock after buying an additional 1,901 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in PTC were worth $5,070,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. lifted its holdings in shares of PTC by 17.7% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 20,312,856 shares of the technology company’s stock valued at $3,147,478,000 after acquiring an additional 3,048,311 shares during the last quarter. Vanguard Group Inc. raised its position in PTC by 0.3% during 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. Geode Capital Management LLC raised its position in PTC by 8.4% during the second quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock valued at $586,438,000 after purchasing an additional 265,558 shares during the period. Wellington Management Group LLP lifted its stake in shares of PTC by 1.9% in the 1st quarter. Wellington Management Group LLP now owns 2,370,972 shares of the technology company’s stock valued at $367,382,000 after purchasing an additional 44,961 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of PTC in the 1st quarter worth approximately $241,789,000. 95.14% of the stock is currently owned by institutional investors.

PTC Trading Down 0.7%

NASDAQ PTC opened at $173.07 on Wednesday. The stock has a market cap of $20.73 billion, a PE ratio of 40.82, 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. The company’s 50-day moving average price is $197.68 and its 200-day moving average price is $191.32. 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 (NASDAQ:PTCGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $893.80 million during the quarter, compared to analyst estimates of $752.05 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. The firm’s revenue for the quarter was up 42.7% on a year-over-year basis. During the same quarter last year, the business posted $1.54 EPS. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. Equities research analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Oppenheimer increased their price target on PTC from $225.00 to $240.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Zacks Research downgraded shares of PTC from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Piper Sandler lowered their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Robert W. Baird set a $255.00 price target on shares of PTC in a research note on Wednesday, October 22nd. Finally, KeyCorp reissued an “overweight” rating and issued a $245.00 price objective (up from $192.00) on shares of PTC in a research report on Thursday, July 31st. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $205.92.

Get Our Latest Stock Analysis on PTC

About PTC

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding PTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PTC Inc. (NASDAQ:PTCFree Report).

Institutional Ownership by Quarter for PTC (NASDAQ:PTC)

Receive News & Ratings for PTC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PTC and related companies with MarketBeat.com's FREE daily email newsletter.