Acadian Asset Management LLC Purchases 23,091 Shares of PTC Inc. $PTC

Acadian Asset Management LLC grew its holdings in PTC Inc. (NASDAQ:PTC) by 1,199.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,016 shares of the technology company’s stock after acquiring an additional 23,091 shares during the quarter. Acadian Asset Management LLC’s holdings in PTC were worth $4,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Motco bought a new stake in PTC in the 1st quarter valued at about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of PTC during the first quarter worth approximately $33,000. Zions Bancorporation National Association UT bought a new stake in shares of PTC in the first quarter valued at approximately $39,000. SVB Wealth LLC bought a new stake in shares of PTC in the first quarter valued at approximately $41,000. Finally, Assetmark Inc. grew its position in PTC by 339.3% during the second quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock worth $46,000 after buying an additional 207 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PTC has been the subject of several analyst reports. Robert W. Baird set a $255.00 price objective on PTC in a report on Wednesday, October 22nd. Wells Fargo & Company reiterated an “overweight” rating on shares of PTC in a research note on Tuesday, July 29th. Piper Sandler dropped their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. BMO Capital Markets cut their price target on shares of PTC from $231.00 to $219.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Finally, Oppenheimer increased their price target on shares of PTC from $225.00 to $240.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $205.92.

PTC Stock Down 2.0%

Shares of NASDAQ:PTC opened at $174.57 on Friday. The firm has a market capitalization of $20.91 billion, a PE ratio of 41.17, a price-to-earnings-growth ratio of 1.90 and a beta of 1.15. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The business has a 50 day simple moving average of $199.75 and a two-hundred day simple moving average of $190.40. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 EPS for the quarter, beating the consensus estimate of $2.26 by $1.21. PTC had a return on equity of 17.09% and a net margin of 20.74%.The firm had revenue of $893.80 million for the quarter, compared to analyst estimates of $752.05 million. During the same quarter last year, the firm posted $1.54 earnings per share. The business’s revenue for the quarter was up 42.7% on a year-over-year basis. 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 analysts predict that PTC Inc. will post 4.46 EPS for the current year.

PTC Company 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.