Moors & Cabot Inc. Invests $211,000 in PTC Inc. $PTC

Moors & Cabot Inc. bought a new stake in shares of PTC Inc. (NASDAQ:PTC) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 1,224 shares of the technology company’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Motco acquired a new position in shares of PTC in the first quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in PTC during the 1st quarter valued at approximately $33,000. Zions Bancorporation National Association UT purchased a new stake in PTC during the 1st quarter worth approximately $39,000. SVB Wealth LLC acquired a new position in shares of PTC in the 1st quarter valued at approximately $41,000. Finally, Assetmark Inc. raised its position in shares of PTC by 339.3% in the 2nd quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after purchasing an additional 207 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on PTC. KeyCorp reaffirmed an “overweight” rating and set a $245.00 price target (up previously from $192.00) on shares of PTC in a research report on Thursday, July 31st. Stifel Nicolaus upped their price objective on PTC from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Weiss Ratings lowered PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. BMO Capital Markets lowered their price target on PTC from $231.00 to $219.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Piper Sandler reduced their price objective on PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $205.92.

PTC Stock Performance

PTC stock opened at $176.11 on Monday. The company has a market capitalization of $21.10 billion, a P/E ratio of 41.54, a PEG ratio of 1.90 and a beta of 1.15. The company has a 50-day simple moving average of $202.62 and a 200 day simple moving average of $190.24. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, November 5th. The technology company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $1.21. PTC had a return on equity of 17.09% and a net margin of 20.74%.The firm had revenue of $893.80 million during the quarter, compared to the consensus estimate of $752.05 million. During the same period in the prior year, the firm posted $1.54 earnings per share. The firm’s revenue for the quarter was up 42.7% compared to the same quarter last year. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. Sell-side analysts predict that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

PTC Profile

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.