Allworth Financial LP Boosts Holdings in PTC Inc. $PTC

Allworth Financial LP boosted its stake in PTC Inc. (NASDAQ:PTC) by 887.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,438 shares of the technology company’s stock after buying an additional 2,191 shares during the period. Allworth Financial LP’s holdings in PTC were worth $420,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in PTC. Motco bought a new stake in PTC in the 1st quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in PTC in the first quarter worth about $33,000. Zions Bancorporation National Association UT purchased a new stake in PTC during the 1st quarter valued at about $39,000. SVB Wealth LLC purchased a new position in shares of PTC during the first quarter worth $41,000. Finally, Assetmark Inc. increased its holdings in shares of PTC by 339.3% during the 2nd quarter. Assetmark Inc. now owns 268 shares of the technology company’s stock valued at $46,000 after purchasing an additional 207 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

PTC Stock Up 2.9%

PTC stock opened at $179.61 on Monday. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. 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 capitalization of $21.52 billion, a P/E ratio of 42.36, a P/E/G ratio of 1.90 and a beta of 1.15. The firm’s fifty day simple moving average is $199.07 and its 200-day simple moving average is $191.10.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, November 5th. The technology company reported $3.47 earnings per share for the quarter, beating the consensus estimate of $2.26 by $1.21. PTC had a net margin of 20.74% and a return on equity of 17.09%. The business had revenue of $893.80 million for the quarter, compared to analyst estimates of $752.05 million. During the same period in the prior year, the business posted $1.54 earnings per share. PTC’s revenue was up 42.7% compared to the same quarter last year. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. Sell-side analysts forecast that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on PTC shares. BMO Capital Markets lowered their target price on shares of PTC from $231.00 to $219.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Robert W. Baird set a $255.00 price target on PTC in a research report on Wednesday, October 22nd. Rosenblatt Securities reduced their target price on PTC from $227.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Stifel Nicolaus upped their price target on PTC from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, 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 report on Friday, November 7th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $205.92.

About PTC

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.