California State Teachers Retirement System Grows Holdings in PTC Inc. $PTC

California State Teachers Retirement System grew its position in shares of PTC Inc. (NASDAQ:PTC) by 11,021.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,248,715 shares of the technology company’s stock after purchasing an additional 19,075,637 shares during the period. California State Teachers Retirement System owned approximately 0.18% of PTC worth $2,186,847,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Elyxium Wealth LLC acquired a new stake in PTC during the 4th quarter worth approximately $27,000. Palladiem LLC purchased a new stake in shares of PTC during the 4th quarter worth approximately $28,000. DV Equities LLC acquired a new stake in shares of PTC in the 4th quarter valued at about $29,000. Keating Financial Advisory Services Inc. acquired a new stake in PTC during the 2nd quarter worth $30,000. Finally, Allworth Financial LP acquired a new stake in PTC during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on PTC shares. Citigroup boosted their price target on shares of PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Piper Sandler lowered their price objective on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. BNP Paribas Exane assumed coverage on PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 target price on the stock. Barclays increased their target price on PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Finally, Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $170.14.

PTC Stock Performance

Shares of PTC opened at $130.78 on Friday. The company has a 50-day simple moving average of $138.01 and a 200-day simple moving average of $139.24. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $14.19 billion, a PE ratio of 12.65, a P/E/G ratio of 1.76 and a beta of 1.00. PTC Inc. has a 52-week low of $108.50 and a 52-week high of $208.56.

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

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.