Raiffeisen Bank International AG Cuts Stock Holdings in PTC Inc. $PTC

Raiffeisen Bank International AG reduced its stake in shares of PTC Inc. (NASDAQ:PTC) by 62.2% during the second quarter, Holdings Channel reports. The institutional investor owned 838 shares of the technology company’s stock after selling 1,378 shares during the quarter. Raiffeisen Bank International AG’s holdings in PTC were worth $141,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of PTC. Brooklyn Investment Group boosted its holdings in PTC by 15.5% during the 1st quarter. Brooklyn Investment Group now owns 439 shares of the technology company’s stock valued at $68,000 after acquiring an additional 59 shares during the period. Bellecapital International Ltd. lifted its position in PTC by 4.3% in the second quarter. Bellecapital International Ltd. now owns 1,604 shares of the technology company’s stock valued at $276,000 after purchasing an additional 66 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of PTC by 3.3% during the first quarter. American Century Companies Inc. now owns 2,271 shares of the technology company’s stock valued at $352,000 after purchasing an additional 73 shares during the period. Ballentine Partners LLC grew its holdings in shares of PTC by 0.9% in the second quarter. Ballentine Partners LLC now owns 8,565 shares of the technology company’s stock worth $1,476,000 after purchasing an additional 73 shares during the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of PTC by 12.8% in the second quarter. Penserra Capital Management LLC now owns 653 shares of the technology company’s stock worth $111,000 after buying an additional 74 shares during the period. Institutional investors own 95.14% of the company’s stock.

PTC Stock Down 0.7%

Shares of PTC stock opened at $171.94 on Thursday. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The firm has a market cap of $20.60 billion, a price-to-earnings ratio of 40.55, a PEG ratio of 1.90 and a beta of 1.15. The company has a 50-day moving average of $197.03 and a 200 day moving average of $191.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89.

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, beating analysts’ consensus estimates of $2.26 by $1.21. The company had revenue of $893.80 million during the quarter, compared to analysts’ expectations of $752.05 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. PTC’s revenue was up 42.7% on a year-over-year basis. During the same period last year, the company 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. As a group, sell-side analysts anticipate 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 analyst reports. Wells Fargo & Company reissued an “overweight” rating on shares of PTC in a research report on Tuesday, July 29th. BMO Capital Markets dropped their target price on shares of PTC from $231.00 to $219.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Cantor Fitzgerald set a $120.00 target price on PTC and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Wall Street Zen raised PTC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 20th. Finally, Royal Bank Of Canada lifted their price objective on PTC from $224.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Eleven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $205.92.

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.