Robeco Institutional Asset Management B.V. Acquires 1,209 Shares of PTC Inc. $PTC

Robeco Institutional Asset Management B.V. lifted its holdings in shares of PTC Inc. (NASDAQ:PTC) by 0.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 164,920 shares of the technology company’s stock after acquiring an additional 1,209 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in PTC were worth $28,422,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PTC. T. Rowe Price Investment Management Inc. lifted its holdings in shares of PTC by 17.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 20,312,856 shares of the technology company’s stock worth $3,147,478,000 after acquiring an additional 3,048,311 shares during the period. Nuveen LLC bought a new position in PTC during the 1st quarter valued at about $241,789,000. Pictet Asset Management Holding SA lifted its holdings in PTC by 41.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,876,333 shares of the technology company’s stock valued at $445,687,000 after purchasing an additional 844,418 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in PTC by 27.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,480 shares of the technology company’s stock valued at $235,134,000 after purchasing an additional 327,326 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. lifted its holdings in PTC by 43.2% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,006,901 shares of the technology company’s stock valued at $156,019,000 after purchasing an additional 303,676 shares during the last quarter. 95.14% of the stock is owned by institutional investors.

Insider Activity at PTC

In other news, EVP Staats Aaron C. Von sold 1,988 shares of PTC stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $216.29, for a total transaction of $429,984.52. Following the completion of the sale, the executive vice president owned 15,743 shares in the company, valued at $3,405,053.47. The trade was a 11.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.32% of the stock is currently owned by corporate insiders.

PTC Trading Down 0.0%

Shares of NASDAQ PTC opened at $203.00 on Friday. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. The company has a 50-day moving average of $208.26 and a two-hundred day moving average of $180.96. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.34. The company has a market cap of $24.32 billion, a PE ratio of 47.88, a P/E/G ratio of 1.95 and a beta of 1.14.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.22 by $0.42. PTC had a net margin of 20.74% and a return on equity of 17.09%. The company had revenue of $643.94 million during the quarter, compared to analysts’ expectations of $582.12 million. During the same quarter in the previous year, the company earned $0.98 EPS. PTC’s revenue was up 24.2% on a year-over-year basis. PTC has set its FY 2025 guidance at 6.630-7.030 EPS. Q4 2025 guidance at 2.100-2.500 EPS. As a group, equities analysts expect that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Stifel Nicolaus lifted their price target on shares of PTC from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Rosenblatt Securities reissued a “buy” rating and set a $204.00 price target on shares of PTC in a report on Tuesday, July 29th. Piper Sandler lifted their price target on shares of PTC from $180.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday, July 31st. Royal Bank Of Canada lifted their price target on shares of PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Finally, BMO Capital Markets boosted their target price on shares of PTC from $187.00 to $231.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, PTC presently has a consensus rating of “Moderate Buy” and an average price target of $202.14.

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.