17,432 Shares in PTC Inc. $PTC Bought by Trillium Asset Management LLC

Trillium Asset Management LLC purchased a new position in PTC Inc. (NASDAQ:PTC – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,432 shares of the technology company’s stock, valued at approximately $1,981,000.

Several other large investors have also made changes to their positions in PTC. T. Rowe Price Investment Management Inc. boosted its stake in shares of PTC by 3.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock worth $3,202,720,000 after acquiring an additional 602,858 shares during the period. State Street Corp raised its stake in PTC by 5.6% during the 4th quarter. State Street Corp now owns 5,905,645 shares of the technology company’s stock valued at $1,028,822,000 after purchasing an additional 312,000 shares during the period. Geode Capital Management LLC raised its stake in PTC by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 3,570,540 shares of the technology company’s stock valued at $619,901,000 after purchasing an additional 71,181 shares during the period. Janus Henderson Group PLC lifted its holdings in PTC by 0.3% in the 1st quarter. Janus Henderson Group PLC now owns 3,530,070 shares of the technology company’s stock worth $503,000,000 after purchasing an additional 11,278 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in PTC by 17.8% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock worth $499,525,000 after purchasing an additional 529,208 shares in the last quarter. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

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PTC Stock Up 0.8%

Shares of PTC opened at $154.68 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $16.78 billion, a price-to-earnings ratio of 14.96, a price-to-earnings-growth ratio of 2.19 and a beta of 0.98. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $217.64. The business’s 50 day simple moving average is $129.21 and its 200-day simple moving average is $140.24.

PTC (NASDAQ:PTC – Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. PTC’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period last year, the firm posted $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, equities analysts expect that PTC Inc. will post 6.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PTC shares. Barclays increased their price objective on shares of PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Rosenblatt Securities restated a “buy” rating and set a $190.00 target price on shares of PTC in a research report on Thursday, July 30th. Stifel Nicolaus cut their target price on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $170.14.

Read Our Latest Stock Analysis on PTC

About PTC

(Free Report)

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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