PTC Inc. $PTC Shares Purchased by Swiss National Bank

Swiss National Bank raised its position in PTC Inc. (NASDAQ:PTC) by 6.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 348,900 shares of the technology company’s stock after purchasing an additional 20,700 shares during the quarter. Swiss National Bank’s holdings in PTC were worth $49,715,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. lifted its position in shares of PTC by 3.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock worth $3,202,720,000 after purchasing an additional 602,858 shares in the last quarter. State Street Corp grew its holdings in shares of PTC by 5.6% in the fourth quarter. State Street Corp now owns 5,905,645 shares of the technology company’s stock valued at $1,028,822,000 after purchasing an additional 312,000 shares in the last quarter. Geode Capital Management LLC increased its stake in PTC by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 3,570,540 shares of the technology company’s stock worth $619,901,000 after buying an additional 71,181 shares during the period. Janus Henderson Group PLC lifted its holdings in PTC by 0.9% during the 4th quarter. Janus Henderson Group PLC now owns 3,518,792 shares of the technology company’s stock worth $613,009,000 after buying an additional 32,508 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in PTC by 17.8% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock worth $499,525,000 after buying an additional 529,208 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on PTC shares. Citigroup boosted their price target on shares of PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Robert W. Baird set a $198.00 target price on PTC in a research note on Thursday, May 7th. Weiss Ratings downgraded shares of PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. BNP Paribas Exane initiated coverage on PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective for the company. Finally, Barclays dropped their price objective on PTC from $185.00 to $150.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, PTC presently has a consensus rating of “Moderate Buy” and an average price target of $171.27.

Insider Activity at PTC

In other news, CAO Alice Christenson sold 816 shares of PTC stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer owned 1,265 shares in the company, valued at approximately $184,462.30. The trade was a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.29% of the company’s stock.

PTC Trading Down 6.3%

NASDAQ PTC opened at $113.11 on Thursday. 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 firm’s fifty day moving average price is $128.33 and its 200 day moving average price is $143.93. The company has a market capitalization of $13.07 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 1.77 and a beta of 0.99. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $219.69.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 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 firm had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. During the same period last year, the business earned $1.79 EPS. PTC’s revenue for the quarter was up 21.7% compared to the same quarter last year. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, sell-side analysts expect that PTC Inc. will post 6.35 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.