United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Invests $613,000 in PTC Inc. $PTC

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of PTC Inc. (NASDAQ:PTC) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,400 shares of the technology company’s stock, valued at approximately $613,000.

Several other institutional investors have also added to or reduced their stakes in PTC. 111 Capital acquired a new position in PTC in the 2nd quarter worth $223,000. Caitong International Asset Management Co. Ltd bought a new position in PTC during the 2nd quarter worth about $132,000. Principal Financial Group Inc. raised its stake in shares of PTC by 4.5% in the 2nd quarter. Principal Financial Group Inc. now owns 150,683 shares of the technology company’s stock valued at $17,119,000 after purchasing an additional 6,476 shares during the period. Meyer Handelman Co. raised its stake in shares of PTC by 91.3% in the 2nd quarter. Meyer Handelman Co. now owns 92,884 shares of the technology company’s stock valued at $10,553,000 after purchasing an additional 44,340 shares during the period. Finally, Vontobel Holding Ltd. lifted its holdings in shares of PTC by 0.7% in the second quarter. Vontobel Holding Ltd. now owns 202,624 shares of the technology company’s stock valued at $23,020,000 after purchasing an additional 1,492 shares in the last quarter. 95.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on PTC shares. Barclays upped their price objective on PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. BMO Capital Markets lifted their target price on PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Stifel Nicolaus cut their target price on PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Berenberg Bank set a $170.00 price target on PTC in a research report on Wednesday, May 27th. Finally, Wall Street Zen cut shares of 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 issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, PTC presently has a consensus rating of “Hold” and an average price target of $170.14.

PTC Stock Down 2.7%

NASDAQ:PTC opened at $149.75 on Friday. The firm has a market capitalization of $16.25 billion, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 2.15 and a beta of 0.98. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $217.64. The stock’s 50 day moving average price is $126.95 and its two-hundred day moving average price is $140.58. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The company had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The business’s revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.64 EPS. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Equities research analysts expect that PTC Inc. will post 6.51 earnings per share for the current fiscal year.

PTC 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.