Moors & Cabot Inc. Purchases New Position in PTC Inc. $PTC

Moors & Cabot Inc. purchased a new position in shares of PTC Inc. (NASDAQ:PTC) during the 2nd quarter, HoldingsChannel reports. The firm purchased 1,224 shares of the technology company’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. M&T Bank Corp lifted its position in PTC by 8.2% during the 1st quarter. M&T Bank Corp now owns 9,522 shares of the technology company’s stock worth $1,475,000 after acquiring an additional 724 shares during the last quarter. Xponance Inc. increased its stake in shares of PTC by 1.5% in the first quarter. Xponance Inc. now owns 23,636 shares of the technology company’s stock worth $3,662,000 after purchasing an additional 360 shares during the period. Diversify Wealth Management LLC increased its stake in shares of PTC by 23.6% in the first quarter. Diversify Wealth Management LLC now owns 5,693 shares of the technology company’s stock worth $875,000 after purchasing an additional 1,087 shares during the period. New York State Common Retirement Fund lifted its position in shares of PTC by 3.9% during the 1st quarter. New York State Common Retirement Fund now owns 205,010 shares of the technology company’s stock worth $31,766,000 after purchasing an additional 7,775 shares during the last quarter. Finally, Stephens Investment Management Group LLC boosted its stake in PTC by 2.0% during the 1st quarter. Stephens Investment Management Group LLC now owns 387,214 shares of the technology company’s stock valued at $59,999,000 after purchasing an additional 7,687 shares during the period. Institutional investors own 95.14% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on PTC. Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Royal Bank Of Canada upped their target price on shares of PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Wells Fargo & Company reissued an “overweight” rating on shares of PTC in a report on Tuesday, July 29th. UBS Group restated a “buy” rating on shares of PTC in a research report on Tuesday, July 29th. Finally, KeyCorp reaffirmed an “overweight” rating and set a $245.00 price objective (up previously 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $205.92.

PTC Trading Up 1.3%

Shares of PTC stock opened at $176.11 on Monday. The company has a market capitalization of $21.10 billion, a P/E ratio of 41.54, a P/E/G 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 has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $202.62 and a 200 day moving average price of $190.24.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, November 5th. The technology company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $1.21. PTC had a return on equity of 17.09% and a net margin of 20.74%.The firm had revenue of $893.80 million during the quarter, compared to the consensus estimate of $752.05 million. During the same quarter in the previous year, the company posted $1.54 EPS. The business’s revenue for the quarter was up 42.7% compared to the same quarter last year. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. Research analysts forecast that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

About PTC

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.