PTC Inc. (NASDAQ:PTC) Stock Rated “Hold” by Wall Street Brokerages

Shares of PTC Inc. (NASDAQ:PTC) have earned a consensus rating of “Hold” from the sixteen research firms that are currently covering the company, MarketBeat.com reports. Fourteen equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $200.06.

Several equities analysts have commented on the company. Robert W. Baird downgraded PTC from a “strong-buy” rating to a “hold” rating in a research report on Monday. Loop Capital cut shares of PTC from a “buy” rating to a “hold” rating and upped their price target for the stock from $200.00 to $205.00 in a report on Monday. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $205.00 price target (up from $190.00) on shares of PTC in a research note on Monday. Citigroup lifted their price objective on shares of PTC from $141.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Piper Sandler dropped their target price on shares of PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th.

PTC News Summary

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Schneider Electric’s proposed acquisition values PTC at approximately $22.6 billion and would pay shareholders $205 per share in cash. The offer provides a defined exit value and helps explain why PTC is trading close to the transaction price. Schneider expects the combination to expand its industrial software and artificial-intelligence capabilities. Schneider Electric acquires PTC
• Positive Sentiment: JPMorgan upgraded PTC from “underweight” to “neutral” and raised its target from $145 to $205. Mizuho also lifted its target from $160 to $205, reflecting the proposed cash consideration and reducing perceived downside if the merger closes. PTC analyst rating updates
• Positive Sentiment: PTC’s 50-day moving average recently crossed above its 200-day moving average, forming a “golden cross.” The technical signal indicates stronger momentum, although merger news remains the more important catalyst. PTC golden cross analysis

Insider Activity

In related news, Director Corinna Lathan sold 1,750 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $195.75, for a total value of $342,562.50. Following the transaction, the director owned 6,679 shares of the company’s stock, valued at $1,307,414.25. This represents a 20.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On PTC

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Jupiter Topco LLC bought a new position in shares of PTC during the second quarter valued at approximately $418,553,000. Norges Bank bought a new position in PTC in the fourth quarter worth approximately $295,399,000. Amundi lifted its stake in shares of PTC by 151.9% during the 1st quarter. Amundi now owns 1,725,555 shares of the technology company’s stock worth $245,885,000 after purchasing an additional 1,040,656 shares during the last quarter. Legal & General Group Plc bought a new position in PTC in the second quarter worth about $91,045,000. Finally, T. Rowe Price Investment Management Inc. grew its holdings in PTC by 3.4% in 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 last quarter. 95.14% of the stock is owned by institutional investors.

PTC Trading Up 0.3%

Shares of PTC opened at $193.60 on Thursday. The company’s fifty day simple moving average is $146.59 and its 200-day simple moving average is $137.82. The company has a market cap of $21.01 billion, a P/E ratio of 18.72, a P/E/G ratio of 2.53 and a beta of 0.99. 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 has a twelve month low of $108.50 and a twelve month high of $206.82.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. During the same period in the prior year, the firm posted $1.64 EPS. The firm’s 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, analysts expect that PTC will post 6.54 EPS for the current year.

PTC Company Profile

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.