Quantitative Investment Management LLC Acquires 10,754 Shares of PTC Inc. $PTC

Quantitative Investment Management LLC grew its holdings in PTC Inc. (NASDAQ:PTC) by 149.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,959 shares of the technology company’s stock after purchasing an additional 10,754 shares during the quarter. Quantitative Investment Management LLC’s holdings in PTC were worth $2,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in PTC. T. Rowe Price Investment Management Inc. grew its stake in PTC by 3.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock worth $3,202,720,000 after purchasing an additional 602,858 shares during the period. State Street Corp lifted its stake in PTC by 5.6% in the fourth quarter. State Street Corp now owns 5,905,645 shares of the technology company’s stock valued at $1,028,822,000 after buying an additional 312,000 shares during the period. Jupiter Topco LLC bought a new position in shares of PTC during the 2nd quarter worth approximately $418,553,000. Geode Capital Management LLC boosted its holdings in shares of PTC by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 3,570,540 shares of the technology company’s stock worth $619,901,000 after buying an additional 71,181 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of PTC by 0.3% during the 1st quarter. Janus Henderson Group PLC now owns 3,530,070 shares of the technology company’s stock worth $503,000,000 after buying an additional 11,278 shares during the period. Institutional investors own 95.14% of the company’s stock.

PTC Stock Performance

Shares of PTC opened at $155.74 on Tuesday. The stock has a 50 day moving average of $133.89 and a 200 day moving average of $140.09. The company has a market capitalization of $16.90 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 2.24 and a beta of 0.98. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $215.81. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

PTC (NASDAQ:PTC) last posted its quarterly earnings data 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 net margin of 41.67% and a return on equity of 25.31%. The business had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. During the same quarter last year, the company posted $1.64 earnings per share. The firm’s quarterly 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. As a group, sell-side analysts forecast that PTC Inc. will post 6.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PTC has been the subject of several research analyst reports. BNP Paribas Exane initiated coverage on shares of PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective for the company. BMO Capital Markets raised their price target on shares of PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Piper Sandler dropped their price objective on shares of PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Finally, Robert W. Baird set a $198.00 price objective on shares of PTC in a research report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, PTC currently has a consensus rating of “Hold” and a consensus target price of $170.14.

About PTC

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.