Liontrust Investment Partners LLP decreased its holdings in shares of PTC Inc. (NASDAQ:PTC – Free Report) by 39.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 354,266 shares of the technology company’s stock after selling 231,924 shares during the quarter. Liontrust Investment Partners LLP’s holdings in PTC were worth $50,479,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Empowered Funds LLC increased its stake in PTC by 3.1% in the first 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 during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after buying an additional 76 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of PTC by 68.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock valued at $121,000 after buying an additional 287 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of PTC in the 2nd quarter valued at $257,000. Finally, Alliancebernstein L.P. grew its position in shares of PTC by 3.2% in the 2nd quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock valued at $22,915,000 after buying an additional 4,176 shares during the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
PTC has been the topic of several research analyst reports. Berenberg Bank set a $170.00 price target on shares of PTC in a research note on Wednesday, May 27th. BNP Paribas Exane started coverage on PTC in a report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective on the stock. Weiss Ratings cut PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Piper Sandler reduced their target price on PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday. Finally, Robert W. Baird set a $198.00 target price on PTC in a report on Thursday, May 7th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $171.14.
Insider Activity at PTC
In related news, CAO Alice Christenson sold 816 shares of the stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at $184,462.30. This trade represents a 39.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.29% of the stock is owned by company insiders.
Key Headlines Impacting PTC
Here are the key news stories impacting PTC this week:
- Positive Sentiment: PTC raised its fiscal 2026 guidance for annual recurring revenue (ARR), revenue and earnings per share after reporting fiscal third-quarter results. Constant-currency ARR, excluding divested businesses, grew 9.1% year over year to $2.448 billion, above the high end of prior guidance. PTC Announces Third Fiscal Quarter 2026 Results
- Positive Sentiment: The company raised fiscal 2026 revenue guidance to approximately $2.69 billion-$2.75 billion and GAAP EPS guidance to $8.46-$9.18, while reaffirming cash-flow targets. PTC also forecast 9%-9.5% constant-currency ARR growth and increased its fiscal-year share-repurchase target to about $1.625 billion.
- Positive Sentiment: PTC repurchased roughly $525 million of stock during the quarter, pushing fiscal-year repurchases above the high end of its previous target. The buybacks may support per-share earnings and signal management confidence in the company’s cash generation.
- Positive Sentiment: Rosenblatt reaffirmed a Buy rating with a $190 price target, while BMO raised its target to $164 from $155 and maintained an Outperform rating. Analysts cited AI momentum, recurring-revenue growth and buybacks as supporting factors.
- Neutral Sentiment: Fiscal third-quarter EPS of $1.58 was slightly above the consensus estimate of $1.57, while operating cash flow reached $260.6 million and free cash flow totaled $249.3 million.
- Negative Sentiment: Quarterly revenue of $600.1 million missed analysts’ $611.6 million estimate and declined 6.8% year over year. Net income also fell to $118.8 million from $141.3 million, and EPS decreased from $1.64 a year earlier.
- Negative Sentiment: Piper Sandler lowered its price target to $157 from $175 and shifted to a Neutral rating, underscoring concerns about near-term sales performance despite the improved outlook.
PTC Trading Up 2.9%
NASDAQ PTC opened at $136.30 on Friday. The firm’s fifty day moving average is $126.10 and its two-hundred day moving average is $141.92. PTC Inc. has a one year low of $108.50 and a one year high of $219.69. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market cap of $15.74 billion, a PE ratio of 13.18, a P/E/G ratio of 1.94 and a beta of 0.99.
PTC (NASDAQ:PTC – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a return on equity of 24.69% and a net margin of 41.67%.The firm’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 EPS. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Analysts expect that PTC Inc. will post 6.35 earnings per share for the current year.
PTC Company 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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