PTC Inc. $PTC Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group lessened its holdings in shares of PTC Inc. (NASDAQ:PTC) by 9.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 181,458 shares of the technology company’s stock after selling 18,648 shares during the quarter. Schroder Investment Management Group’s holdings in PTC were worth $36,988,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Empowered Funds LLC lifted its position in PTC by 3.1% during the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after buying an additional 75 shares during the period. Geneos Wealth Management Inc. grew its holdings in PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after buying an additional 76 shares during the period. Savant Capital LLC purchased a new stake in PTC in the 2nd quarter valued at about $285,000. Vestmark Advisory Solutions Inc. increased its stake in shares of PTC by 149.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 4,108 shares of the technology company’s stock valued at $708,000 after acquiring an additional 2,464 shares during the last quarter. Finally, Penserra Capital Management LLC increased its stake in shares of PTC by 12.8% during the 2nd quarter. Penserra Capital Management LLC now owns 653 shares of the technology company’s stock valued at $111,000 after acquiring an additional 74 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Stock Down 0.2%

Shares of NASDAQ:PTC opened at $159.13 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The stock has a market capitalization of $18.94 billion, a P/E ratio of 23.23, a PEG ratio of 2.61 and a beta of 1.03. The stock has a 50-day simple moving average of $161.29 and a 200-day simple moving average of $181.33.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The firm had revenue of $685.83 million during the quarter, compared to the consensus estimate of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The company’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Equities analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.

Insider Activity

In other news, EVP Staats Aaron C. Von sold 240 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total value of $38,664.00. Following the transaction, the executive vice president owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. This trade represents a 1.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.29% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

PTC has been the topic of several research analyst reports. BMO Capital Markets decreased their target price on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Rosenblatt Securities dropped their price target on shares of PTC from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Wall Street Zen downgraded shares of PTC from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Oppenheimer decreased their price target on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Finally, Stifel Nicolaus set a $180.00 price objective on shares of PTC in a research note on Thursday, February 5th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $188.08.

About PTC

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.