34,742 Shares in PTC Inc. $PTC Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in PTC Inc. (NASDAQ:PTC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 34,742 shares of the technology company’s stock, valued at approximately $3,947,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of PTC during the 4th quarter worth $27,000. Palladiem LLC bought a new position in PTC in the 4th quarter worth $28,000. DV Equities LLC bought a new position in PTC in the 4th quarter worth $29,000. Keating Financial Advisory Services Inc. acquired a new position in PTC during the 2nd quarter worth $30,000. Finally, Allworth Financial LP acquired a new position in PTC during the 2nd quarter worth $32,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC Stock Down 0.1%

NASDAQ PTC opened at $128.71 on Friday. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $208.56. The stock has a market cap of $13.97 billion, a PE ratio of 12.45, a PEG ratio of 1.76 and a beta of 1.00. The firm has a 50-day simple moving average of $137.89 and a 200 day simple moving average of $139.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.64 earnings per share. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. On average, research analysts forecast that PTC Inc. will post 6.54 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PTC shares. Stifel Nicolaus decreased their price target on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, July 30th. BNP Paribas Exane initiated coverage on PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective for the company. BMO Capital Markets increased their target price on PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Berenberg Bank set a $170.00 target price on PTC in a report on Wednesday, May 27th. Finally, Wall Street Zen downgraded PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $170.14.

PTC Profile

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company’s portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.