Swiss Life Asset Management Ltd Grows Position in PTC Inc. $PTC

Swiss Life Asset Management Ltd raised its stake in shares of PTC Inc. (NASDAQ:PTC) by 109.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 62,631 shares of the technology company’s stock after purchasing an additional 32,758 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in PTC were worth $12,715,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PTC. Skandinaviska Enskilda Banken AB publ grew its position in PTC by 8.0% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 90,828 shares of the technology company’s stock valued at $18,444,000 after acquiring an additional 6,724 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of PTC by 13.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 74,128 shares of the technology company’s stock worth $12,775,000 after purchasing an additional 8,786 shares during the period. J. Safra Sarasin Holding AG lifted its stake in shares of PTC by 15.4% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 46,966 shares of the technology company’s stock valued at $9,535,000 after purchasing an additional 6,281 shares in the last quarter. Nordea Investment Management AB grew its holdings in shares of PTC by 2,075.2% during the 3rd quarter. Nordea Investment Management AB now owns 213,911 shares of the technology company’s stock worth $43,420,000 after purchasing an additional 204,077 shares during the period. Finally, Dakota Wealth Management grew its holdings in shares of PTC by 31.2% during the 3rd quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock worth $7,913,000 after purchasing an additional 9,279 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

PTC Trading Down 0.6%

Shares of PTC opened at $149.81 on Friday. PTC Inc. has a one year low of $133.38 and a one year high of $219.69. The stock has a 50-day moving average price of $158.52 and a 200 day moving average price of $178.60. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $17.83 billion, a P/E ratio of 21.87, a P/E/G ratio of 2.56 and a beta of 1.03.

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

Insiders Place Their Bets

In related news, EVP Staats Aaron C. Von sold 240 shares of PTC 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 completion of the sale, the executive vice president owned 22,221 shares in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the completion of the sale, the director directly owned 8,429 shares in the company, valued at $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Weiss Ratings lowered shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Royal Bank Of Canada dropped their price objective on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Barclays initiated coverage on shares of PTC in a research note on Tuesday. They issued an “overweight” rating and a $180.00 target price on the stock. JPMorgan Chase & Co. cut shares of PTC from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $205.00 to $162.00 in a research report on Monday, February 2nd. Finally, Oppenheimer lowered their price target on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Eleven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $182.08.

PTC Company Profile

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.