Delta Capital Management LLC Invests $202,000 in PTC Inc. $PTC

Delta Capital Management LLC bought a new position in shares of PTC Inc. (NASDAQ:PTC) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,170 shares of the technology company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of PTC in the 1st quarter valued at approximately $26,000. Motco acquired a new position in shares of PTC during the first quarter worth $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of PTC during the first quarter worth $33,000. Zions Bancorporation National Association UT acquired a new position in shares of PTC during the first quarter worth $39,000. Finally, SVB Wealth LLC purchased a new stake in PTC during the 1st quarter worth about $41,000. 95.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PTC. Cantor Fitzgerald set a $120.00 price target on PTC and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Rosenblatt Securities reiterated a “buy” rating and issued a $204.00 price target on shares of PTC in a research note on Tuesday, July 29th. Oppenheimer increased their price target on shares of PTC from $225.00 to $240.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Piper Sandler upped their target price on shares of PTC from $180.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Finally, Wells Fargo & Company restated an “overweight” rating on shares of PTC in a report on Tuesday, July 29th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.14.

PTC Trading Up 0.1%

Shares of PTC stock opened at $202.96 on Monday. The business’s fifty day moving average price is $208.14 and its 200 day moving average price is $179.71. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. The firm has a market capitalization of $24.31 billion, a PE ratio of 47.87, a P/E/G ratio of 2.09 and a beta of 1.18. 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 earnings results on Wednesday, July 30th. The technology company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.22 by $0.42. The company had revenue of $643.94 million for the quarter, compared to analyst estimates of $582.12 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. The business’s revenue was up 24.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 EPS. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. As a group, sell-side analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

Insider Transactions at PTC

In other PTC news, EVP Staats Aaron C. Von sold 1,988 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $216.29, for a total value of $429,984.52. Following the completion of the transaction, the executive vice president directly owned 15,743 shares of the company’s stock, valued at approximately $3,405,053.47. This trade represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.32% of the company’s stock.

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.