Continuum Advisory LLC Raises Holdings in PTC Inc. $PTC

Continuum Advisory LLC increased its stake in shares of PTC Inc. (NASDAQ:PTC) by 1,127.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,996 shares of the technology company’s stock after purchasing an additional 31,227 shares during the period. Continuum Advisory LLC’s holdings in PTC were worth $3,862,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PTC. Strategic Advisors LLC lifted its position in shares of PTC by 0.9% in the fourth quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after acquiring an additional 65 shares in the last quarter. Allworth Financial LP increased its position in PTC by 23.2% during the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after purchasing an additional 74 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in PTC by 12.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after purchasing an additional 75 shares during the last quarter. Empowered Funds LLC raised its stake in PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after purchasing an additional 75 shares during the last quarter. Finally, Huntington National Bank boosted its stake in shares of PTC by 14.9% during the 4th quarter. Huntington National Bank now owns 586 shares of the technology company’s stock worth $102,000 after purchasing an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PTC. Piper Sandler cut their price objective on shares of PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Barclays raised their target price on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Robert W. Baird set a $198.00 price objective on PTC in a report on Thursday, May 7th. Berenberg Bank set a $170.00 price objective on PTC in a research report on Wednesday, May 27th. Finally, BMO Capital Markets upped their target price on PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Seven 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $170.14.

PTC Price Performance

Shares of PTC stock opened at $149.75 on Monday. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $217.64. The stock has a market capitalization of $16.25 billion, a P/E ratio of 14.48, a PEG ratio of 2.14 and a beta of 0.98. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average price is $126.95 and its 200 day moving average price is $140.40.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The company had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period last year, the business posted $1.64 EPS. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, research analysts anticipate that PTC Inc. will post 6.51 earnings per share for the current 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.