OMERS ADMINISTRATION Corp Acquires Shares of 4,284 PTC Inc. $PTC

OMERS ADMINISTRATION Corp bought a new stake in PTC Inc. (NASDAQ:PTC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,284 shares of the technology company’s stock, valued at approximately $487,000.

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Piper Sandler cut their target price on shares of PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. BNP Paribas Exane started coverage on shares of PTC in a research note on Thursday, June 18th. They set a “neutral” rating and a $130.00 price target for the company. Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of PTC in a research note on Thursday, July 30th. BMO Capital Markets increased their price objective on shares of PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Finally, Stifel Nicolaus reduced their price objective on shares of PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, PTC currently has an average rating of “Hold” and a consensus price target of $170.14.

PTC Trading Up 4.8%

NASDAQ PTC opened at $158.95 on Friday. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $217.64. The stock has a 50-day simple moving average of $132.23 and a 200 day simple moving average of $140.16. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $17.25 billion, a PE ratio of 15.37, a P/E/G ratio of 2.16 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $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. Research analysts forecast that PTC Inc. will post 6.51 EPS for the current year.

About PTC

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.