PTC Inc. $PTC Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC raised its position in PTC Inc. (NASDAQ:PTC) by 11,472.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,629 shares of the technology company’s stock after purchasing an additional 4,589 shares during the quarter. NewEdge Advisors LLC’s holdings in PTC were worth $660,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in PTC in the 4th quarter valued at approximately $27,000. Palladiem LLC bought a new stake in PTC during the 4th quarter valued at $28,000. DV Equities LLC acquired a new position in PTC during the 4th quarter worth $29,000. Quarry LP boosted its position in PTC by 86.2% during the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock worth $41,000 after acquiring an additional 94 shares during the period. Finally, Rakuten Securities Inc. grew its stake in shares of PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock worth $39,000 after purchasing an additional 218 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on PTC shares. Citigroup lifted their price objective on shares of PTC from $127.00 to $141.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a research report on Monday, August 3rd. Barclays raised their target price on shares of PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. BNP Paribas Exane assumed coverage on shares of PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target for the company. Finally, BMO Capital Markets increased their price objective on shares of PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, PTC has an average rating of “Hold” and a consensus target price of $170.14.

PTC Trading Up 0.7%

Shares of PTC stock opened at $153.52 on Friday. The business has a fifty day simple moving average of $128.39 and a 200-day simple moving average of $140.13. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $217.64. The firm has a market cap of $16.66 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 2.17 and a beta of 0.98. 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 released its earnings results 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. PTC had a return on equity of 25.31% and a net margin of 41.67%.The firm had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. During the same period in the previous year, the company earned $1.64 earnings per share. PTC’s revenue was down 6.8% compared to the same quarter last year. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. On average, equities analysts forecast that PTC Inc. will post 6.51 EPS for the current fiscal year.

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.