PTC Inc. $PTC Shares Bought by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. increased its stake in shares of PTC Inc. (NASDAQ:PTC) by 3.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,384,246 shares of the technology company’s stock after buying an additional 602,858 shares during the period. PTC accounts for about 2.0% of T. Rowe Price Investment Management Inc.’s portfolio, making the stock its 6th largest holding. T. Rowe Price Investment Management Inc. owned 0.15% of PTC worth $3,202,720,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Trust Point Inc. lifted its position in PTC by 3.2% during the fourth quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock worth $355,000 after acquiring an additional 63 shares during the last quarter. Strategic Advisors LLC increased its stake in shares of PTC by 0.9% during the fourth quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock worth $1,298,000 after purchasing an additional 65 shares during the period. Allworth Financial LP increased its stake in shares of PTC by 23.2% during the fourth quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after purchasing an additional 74 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in PTC by 12.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock worth $115,000 after purchasing an additional 75 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on PTC. Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Citigroup lifted their target price on PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Mizuho decreased their price target on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, March 23rd. Robert W. Baird set a $198.00 price objective on shares of PTC in a research note on Thursday, May 7th. Finally, Wall Street Zen upgraded shares of PTC from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Ten analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $173.60.

PTC Stock Performance

NASDAQ:PTC opened at $114.75 on Friday. The stock has a fifty day moving average price of $137.51 and a 200-day moving average price of $153.35. The company has a market cap of $13.25 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 1.72 and a beta of 0.97. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $219.69.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The company had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.PTC’s revenue was up 21.7% on a year-over-year basis. During the same quarter last year, the business earned $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, equities analysts anticipate that PTC Inc. will post 6.32 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Alice Christenson sold 816 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the transaction, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $184,462.30. The trade was a 39.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

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.