PTC Inc. $PTC Stock Holdings Lifted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its holdings in shares of PTC Inc. (NASDAQ:PTC) by 23.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,396 shares of the technology company’s stock after acquiring an additional 7,162 shares during the quarter. PNC Financial Services Group Inc.’s holdings in PTC were worth $6,445,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Motco bought a new stake in PTC in the 1st quarter valued at about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in PTC in the 1st quarter worth about $33,000. Zions Bancorporation National Association UT acquired a new stake in shares of PTC in the first quarter valued at approximately $39,000. SVB Wealth LLC acquired a new stake in shares of PTC in the first quarter valued at approximately $41,000. Finally, Assetmark Inc. raised its holdings in shares of PTC by 339.3% during the second quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after buying an additional 207 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

PTC Stock Up 2.9%

PTC stock opened at $179.61 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $21.52 billion, a P/E ratio of 42.36, a P/E/G ratio of 1.90 and a beta of 1.15. PTC Inc. has a 52-week low of $133.38 and a 52-week high of $219.69. The company’s 50 day simple moving average is $199.07 and its 200-day simple moving average is $191.10.

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

Wall Street Analyst Weigh In

Several analysts have weighed in on PTC shares. Zacks Research downgraded PTC from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Wall Street Zen raised PTC from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 20th. Barclays set a $233.00 price objective on shares of PTC in a research note on Thursday, July 31st. Royal Bank Of Canada upped their price objective on shares of PTC from $224.00 to $235.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Piper Sandler lowered their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $205.92.

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.