Wellington Management Group LLP Decreases Stake in PTC Inc. $PTC

Posted by Brenda Bartman on Sep 3rd, 2026

Wellington Management Group LLP reduced its holdings in shares of PTC Inc. (NASDAQ:PTC – Free Report) by 52.8% during the second quarter, HoldingsChannel.com reports. The fund owned 661,891 shares of the technology company’s stock after selling 739,417 shares during the quarter. Wellington Management Group LLP’s holdings in PTC were worth $75,197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in PTC. Norges Bank bought a new stake in shares of PTC in the fourth quarter valued at $295,399,000. Tensor Edge Capital LLC bought a new position in shares of PTC in the fourth quarter valued at approximately $26,132,000. Renaissance Technologies LLC boosted its holdings in PTC by 89.3% in the 1st quarter. Renaissance Technologies LLC now owns 389,100 shares of the technology company’s stock valued at $55,443,000 after purchasing an additional 183,600 shares during the period. Forsta AP Fonden boosted its stake in PTC by 62.2% during the fourth quarter. Forsta AP Fonden now owns 43,300 shares of the technology company’s stock valued at $7,543,000 after buying an additional 16,600 shares during the period. Finally, SCS Capital Management LLC purchased a new position in shares of PTC during the second quarter worth about $37,912,000. Institutional investors own 95.14% of the company’s stock.

PTC Stock Performance

Shares of PTC opened at $149.13 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $215.49. The company has a market cap of $16.18 billion, a price-to-earnings ratio of 14.42, a P/E/G ratio of 2.09 and a beta of 1.00. The business’s fifty day simple moving average is $135.43 and its two-hundred day simple moving average is $140.06.

PTC (NASDAQ:PTC – Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter last year, the company posted $1.64 earnings per share. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Research analysts anticipate that PTC Inc. will post 6.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PTC has been the subject of several research reports. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 target price on shares of PTC in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Piper Sandler reduced their price target on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Citigroup upped their price objective on shares of PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, Wall Street Zen cut PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $170.14.

Read Our Latest Stock Report on PTC

PTC Company Profile

(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.

Wellington Management Group LLP Decreases Stake in PTC Inc. $PTC

PTC Stock Performance

Analyst Upgrades and Downgrades

PTC Company Profile

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