Candriam S.C.A. Sells 53,770 Shares of PTC Inc. $PTC

Candriam S.C.A. decreased its holdings in shares of PTC Inc. (NASDAQ:PTC) by 14.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 321,208 shares of the technology company’s stock after selling 53,770 shares during the quarter. Candriam S.C.A.’s holdings in PTC were worth $55,359,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PTC. Brooklyn Investment Group grew its holdings in PTC by 15.5% during the 1st quarter. Brooklyn Investment Group now owns 439 shares of the technology company’s stock worth $68,000 after acquiring an additional 59 shares during the period. Bellecapital International Ltd. boosted its position in shares of PTC by 4.3% in the 2nd quarter. Bellecapital International Ltd. now owns 1,604 shares of the technology company’s stock worth $276,000 after purchasing an additional 66 shares during the last quarter. American Century Companies Inc. grew its stake in shares of PTC by 3.3% during the first quarter. American Century Companies Inc. now owns 2,271 shares of the technology company’s stock worth $352,000 after purchasing an additional 73 shares during the period. Ballentine Partners LLC grew its stake in shares of PTC by 0.9% during the second quarter. Ballentine Partners LLC now owns 8,565 shares of the technology company’s stock worth $1,476,000 after purchasing an additional 73 shares during the period. Finally, Penserra Capital Management LLC increased its holdings in PTC by 12.8% in the second quarter. Penserra Capital Management LLC now owns 653 shares of the technology company’s stock valued at $111,000 after purchasing an additional 74 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PTC has been the topic of a number of recent analyst reports. Cantor Fitzgerald set a $120.00 target price on PTC and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Stifel Nicolaus lifted their price objective on shares of PTC from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Zacks Research lowered PTC from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Royal Bank Of Canada increased their price objective on PTC from $224.00 to $235.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.92.

PTC Stock Performance

PTC opened at $178.16 on Thursday. 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 Inc. has a 12-month low of $133.38 and a 12-month high of $219.69. The business has a 50 day moving average of $200.53 and a 200-day moving average of $190.51. The stock has a market cap of $21.34 billion, a price-to-earnings ratio of 42.02, a PEG ratio of 1.90 and a beta of 1.15.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $1.21. The business had revenue of $893.80 million for the quarter, compared to analyst estimates of $752.05 million. PTC had a net margin of 20.74% and a return on equity of 17.09%. PTC’s quarterly revenue was up 42.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. On average, equities research analysts expect that PTC Inc. will post 4.46 earnings per share for the current year.

PTC 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.