Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of PTC Inc. (NASDAQ:PTC – Free Report) by 1.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,251 shares of the technology company’s stock after selling 1,119 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in PTC were worth $10,211,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of PTC. T. Rowe Price Investment Management Inc. increased its position in PTC by 17.7% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 20,312,856 shares of the technology company’s stock worth $3,147,478,000 after buying an additional 3,048,311 shares during the period. Vanguard Group Inc. increased its position in PTC by 0.3% during the first quarter. Vanguard Group Inc. now owns 14,332,180 shares of the technology company’s stock worth $2,220,771,000 after acquiring an additional 39,688 shares during the period. Geode Capital Management LLC raised its stake in PTC by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock valued at $586,438,000 after purchasing an additional 265,558 shares during the last quarter. Wellington Management Group LLP raised its stake in PTC by 1.9% during the 1st quarter. Wellington Management Group LLP now owns 2,370,972 shares of the technology company’s stock valued at $367,382,000 after purchasing an additional 44,961 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in PTC in the 1st quarter worth $241,789,000. Institutional investors own 95.14% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on PTC shares. Wells Fargo & Company reaffirmed an “overweight” rating on shares of PTC in a research report on Tuesday, July 29th. Stifel Nicolaus raised their price objective on PTC from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. BMO Capital Markets decreased their price objective on PTC from $231.00 to $219.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Piper Sandler reduced their target price on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $205.92.
PTC Trading Down 0.7%
Shares of PTC opened at $171.94 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34. The stock has a market cap of $20.60 billion, a PE ratio of 40.55, a PEG ratio of 1.90 and a beta of 1.15. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The stock has a 50 day simple moving average of $197.03 and a 200-day simple moving average of $191.18.
PTC (NASDAQ:PTC – Get Free Report) last announced 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 firm had revenue of $893.80 million for the quarter, compared to analysts’ expectations of $752.05 million. PTC had a return on equity of 17.09% and a net margin of 20.74%.The business’s revenue was up 42.7% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, sell-side analysts predict that PTC Inc. will post 4.46 EPS for the current fiscal year.
PTC Company 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.
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