4,277 Shares in PTC Inc. $PTC Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new stake in PTC Inc. (NASDAQ:PTC) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 4,277 shares of the technology company’s stock, valued at approximately $609,000.

Several other large investors also recently bought and sold shares of PTC. Nordea Investment Management AB boosted its holdings in shares of PTC by 25.9% during the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock worth $47,136,000 after purchasing an additional 55,485 shares during the last quarter. Norges Bank acquired a new stake in shares of PTC in the fourth quarter valued at approximately $295,399,000. Congress Asset Management Co. increased its holdings in shares of PTC by 11.6% in the fourth quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock valued at $28,485,000 after purchasing an additional 17,020 shares during the last quarter. Swiss Life Asset Management Ltd lifted its position in PTC by 109.7% during the third quarter. Swiss Life Asset Management Ltd now owns 62,631 shares of the technology company’s stock worth $12,715,000 after buying an additional 32,758 shares in the last quarter. Finally, Tensor Edge Capital LLC purchased a new position in PTC during the fourth quarter worth approximately $26,132,000. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PTC

In other PTC news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the transaction, the chief accounting officer owned 1,265 shares of the company’s stock, valued at $184,462.30. This trade represents a 39.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.29% of the stock is currently owned by company insiders.

PTC Stock Performance

NASDAQ PTC opened at $122.51 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23. The company has a market cap of $14.15 billion, a P/E ratio of 11.69, a P/E/G ratio of 1.83 and a beta of 0.99. The stock has a 50-day moving average of $130.89 and a two-hundred day moving average of $146.17. PTC Inc. has a 1-year low of $108.50 and a 1-year high of $219.69.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. During the same quarter in the prior year, the company earned $1.79 earnings per share. The business’s quarterly revenue was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, analysts anticipate that PTC Inc. will post 6.35 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Citigroup upped their target price on PTC from $146.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Mizuho lowered their price target on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday, March 23rd. BNP Paribas Exane started coverage on shares of PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective for the company. Finally, Berenberg Bank set a $170.00 price objective on shares of PTC in a research report on Wednesday, May 27th. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $171.27.

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.