C WorldWide Group Holding A S Trims Stock Holdings in PTC Inc. $PTC

C WorldWide Group Holding A S decreased its stake in PTC Inc. (NASDAQ:PTC) by 1.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 85,487 shares of the technology company’s stock after selling 952 shares during the period. C WorldWide Group Holding A S’s holdings in PTC were worth $14,733,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Brooklyn Investment Group increased its position in PTC by 15.5% in the first quarter. Brooklyn Investment Group now owns 439 shares of the technology company’s stock worth $68,000 after buying an additional 59 shares in the last quarter. Bellecapital International Ltd. increased its position in PTC by 4.3% in the second quarter. Bellecapital International Ltd. now owns 1,604 shares of the technology company’s stock worth $276,000 after buying an additional 66 shares in the last quarter. D.A. Davidson & CO. increased its position in PTC by 1.9% in the first quarter. D.A. Davidson & CO. now owns 3,755 shares of the technology company’s stock worth $582,000 after buying an additional 70 shares in the last quarter. American Century Companies Inc. increased its position in PTC by 3.3% in the first quarter. American Century Companies Inc. now owns 2,271 shares of the technology company’s stock worth $352,000 after buying an additional 73 shares in the last quarter. Finally, Ballentine Partners LLC grew its position in shares of PTC by 0.9% during the second quarter. Ballentine Partners LLC now owns 8,565 shares of the technology company’s stock worth $1,476,000 after purchasing an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on PTC shares. Stifel Nicolaus increased their target price on PTC from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Zacks Research cut PTC from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. BMO Capital Markets increased their target price on PTC from $187.00 to $231.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Piper Sandler increased their target price on PTC from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Finally, Oppenheimer increased their target price on PTC from $225.00 to $240.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, PTC has a consensus rating of “Moderate Buy” and an average price target of $209.31.

PTC Stock Performance

NASDAQ PTC opened at $189.97 on Thursday. The stock has a market capitalization of $22.76 billion, a PE ratio of 44.80, a P/E/G ratio of 1.90 and a beta of 1.15. The business has a 50 day simple moving average of $204.19 and a two-hundred day simple moving average of $189.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 earnings per share for the quarter, beating the consensus estimate of $2.26 by $1.21. The business had revenue of $893.80 million during 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 firm’s revenue for the quarter was up 42.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.54 EPS. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. On average, research analysts predict that PTC Inc. will post 4.46 EPS 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.