Raiffeisen Bank International AG Reduces Holdings in PTC Inc. $PTC

Raiffeisen Bank International AG lowered its position in PTC Inc. (NASDAQ:PTC) by 62.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 838 shares of the technology company’s stock after selling 1,378 shares during the quarter. Raiffeisen Bank International AG’s holdings in PTC were worth $141,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. boosted its position in PTC by 17.7% during the first 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 purchasing an additional 3,048,311 shares during the period. Nuveen LLC purchased a new stake in shares of PTC during the 1st quarter valued at approximately $241,789,000. CCLA Investment Management bought a new position in PTC in the 2nd quarter worth approximately $94,629,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in PTC by 27.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,480 shares of the technology company’s stock worth $235,134,000 after buying an additional 327,326 shares during the period. Finally, Van Lanschot Kempen Investment Management N.V. grew its stake in PTC by 43.2% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,006,901 shares of the technology company’s stock valued at $156,019,000 after buying an additional 303,676 shares in the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on PTC shares. Rosenblatt Securities dropped their target price on PTC from $227.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Royal Bank Of Canada boosted their price objective on PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Barclays set a $233.00 target price on PTC in a research note on Thursday, July 31st. Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Robert W. Baird set a $255.00 price target on shares of PTC in a report on Wednesday, October 22nd. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $205.92.

PTC Price Performance

Shares of NASDAQ PTC opened at $171.94 on Thursday. The stock’s 50-day simple moving average is $197.03 and its two-hundred day simple moving average is $191.18. PTC Inc. has a twelve month low of $133.38 and a twelve month high of $219.69. The firm has a market capitalization of $20.60 billion, a P/E ratio of 40.55, a P/E/G ratio of 1.90 and a beta of 1.15. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $1.21. The firm had revenue of $893.80 million during 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%.The company’s revenue for the quarter was up 42.7% on a year-over-year basis. During the same quarter last year, the company 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. As a group, equities analysts anticipate 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.