Nykredit A S Buys Shares of 44,727 PTC Inc. $PTC

Nykredit A S purchased a new position in PTC Inc. (NASDAQ:PTC) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 44,727 shares of the technology company’s stock, valued at approximately $5,081,000.

Other large investors have also made changes to their positions in the company. Strategic Advisors LLC lifted its holdings in shares of PTC by 0.9% during the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after purchasing an additional 65 shares during the last quarter. Allworth Financial LP grew its stake in PTC by 23.2% during the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after buying an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in PTC by 12.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock worth $115,000 after buying an additional 75 shares during the last quarter. Empowered Funds LLC increased its position in PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after buying an additional 75 shares in the last quarter. Finally, Huntington National Bank increased its position in PTC by 14.9% during the 4th quarter. Huntington National Bank now owns 586 shares of the technology company’s stock valued at $102,000 after buying an additional 76 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PTC. Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Weiss Ratings restated a “hold (c-)” rating on shares of PTC in a report on Monday, August 3rd. BNP Paribas Exane assumed coverage on shares of PTC in a research report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective for the company. Citigroup lifted their target price 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. Finally, Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, PTC currently has a consensus rating of “Hold” and a consensus target price of $170.14.

PTC Price Performance

Shares of PTC stock opened at $141.02 on Monday. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $215.49. The stock has a market cap of $15.30 billion, a P/E ratio of 13.64, a P/E/G ratio of 1.93 and a beta of 1.00. The stock has a 50 day moving average of $136.68 and a 200 day moving average of $139.90. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.57 by $0.01. The business 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 business’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.64 EPS. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, sell-side analysts expect that PTC Inc. will post 6.54 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.