PTC Inc. $PTC Position Decreased by Robocap Asset Management Ltd

Robocap Asset Management Ltd decreased its holdings in shares of PTC Inc. (NASDAQ:PTC) by 69.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,062 shares of the technology company’s stock after selling 18,705 shares during the period. PTC comprises approximately 1.3% of Robocap Asset Management Ltd’s portfolio, making the stock its 23rd biggest holding. Robocap Asset Management Ltd’s holdings in PTC were worth $1,404,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PTC. Empowered Funds LLC boosted its position in shares of 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 purchasing an additional 75 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock valued at $46,000 after purchasing an additional 76 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of PTC by 68.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company’s stock valued at $121,000 after purchasing an additional 287 shares in the last quarter. Cerity Partners LLC bought a new position in shares of PTC during the 2nd quarter valued at about $257,000. Finally, Alliancebernstein L.P. boosted its position in shares of PTC by 3.2% during the 2nd quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company’s stock valued at $22,915,000 after purchasing an additional 4,176 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

PTC Price Performance

NASDAQ PTC opened at $136.53 on Friday. The company has a 50 day simple moving average of $147.05 and a 200-day simple moving average of $165.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $16.25 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 2.37 and a beta of 0.98. PTC Inc. has a 52-week low of $130.89 and a 52-week high of $219.69.

PTC (NASDAQ:PTC) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The business had revenue of $685.83 million during the quarter, compared to analyst estimates of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm’s revenue was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Equities research analysts predict that PTC Inc. will post 6.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PTC has been the subject of several research reports. JPMorgan Chase & Co. lowered shares of PTC from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $205.00 to $162.00 in a research report on Monday, February 2nd. Mizuho reduced their price objective on shares of PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Royal Bank Of Canada reduced their price objective on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Rosenblatt Securities reduced their price objective on shares of PTC from $200.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, March 18th. Finally, Citigroup reduced their price objective on shares of PTC from $166.00 to $146.00 and set a “neutral” rating for the company in a research note on Wednesday. Ten investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.54.

Insider Buying and Selling

In other news, Director Corinna Lathan sold 675 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the completion of the sale, the director directly owned 8,429 shares of the company’s stock, valued at $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This trade represents a 1.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by corporate insiders.

PTC Company Profile

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.