Vontobel Holding Ltd. lifted its stake in shares of PTC Inc. (NASDAQ:PTC – Free Report) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 255,656 shares of the technology company’s stock after purchasing an additional 5,485 shares during the period. Vontobel Holding Ltd. owned 0.21% of PTC worth $44,538,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. Trust Point Inc. raised its holdings in shares of PTC by 3.2% in the 4th quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock valued at $355,000 after purchasing an additional 63 shares in the last quarter. Strategic Advisors LLC raised its holdings in shares of PTC by 0.9% in the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after purchasing an additional 65 shares in the last quarter. Allworth Financial LP raised its holdings in shares of PTC by 23.2% in the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock valued at $68,000 after purchasing an additional 74 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after purchasing an additional 75 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of PTC by 12.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after purchasing an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.
Analyst Upgrades and Downgrades
PTC has been the subject of several recent research reports. Robert W. Baird set a $198.00 price target on shares of PTC in a report on Thursday, May 7th. Berenberg Bank set a $170.00 price target on shares of PTC in a report on Wednesday, May 27th. Barclays lifted their price objective on shares of PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Citigroup lifted their price objective on shares of PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, KeyCorp cut their price objective on shares of PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 17th. Ten equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $176.71.
Insider Activity at PTC
In other PTC news, Director Corinna Lathan sold 675 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the sale, the director owned 8,429 shares of the company’s stock, valued at approximately $1,325,375.96. The trade was a 7.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by insiders.
PTC Stock Down 4.0%
Shares of PTC stock opened at $113.68 on Friday. The firm’s 50 day moving average price is $139.68 and its 200-day moving average price is $155.09. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30. PTC Inc. has a 52-week low of $108.50 and a 52-week high of $219.69. The company has a market cap of $13.13 billion, a P/E ratio of 10.85, a PEG ratio of 1.74 and a beta of 0.97.
PTC (NASDAQ:PTC – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The firm had revenue of $774.30 million for the quarter, compared to the consensus estimate of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.79 EPS. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, sell-side analysts predict that PTC Inc. will post 6.32 EPS for the current fiscal year.
PTC Profile
PTC Inc (NASDAQ: PTC) is a global technology company that develops software and services to help manufacturers design, operate, and service physical products. Founded in 1985 as Parametric Technology Corporation, PTC pioneered parametric, feature-based CAD with its Pro/ENGINEER product (now marketed as Creo) and has since expanded its portfolio to address product lifecycle management, Internet of Things (IoT), augmented reality (AR) and industrial connectivity.
Key product lines include Creo for 3D CAD; Windchill for product lifecycle management (PLM); ThingWorx, an IoT platform for connecting devices and building industrial applications; Vuforia, an AR platform for creating immersive service and training experiences; and Kepware, a suite for industrial connectivity and protocol translation.
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