PTC Inc. $PTC Shares Bought by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of PTC Inc. (NASDAQ:PTC) by 2.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,082 shares of the technology company’s stock after purchasing an additional 437 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in PTC were worth $3,111,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. ABN Amro Investment Solutions acquired a new position in PTC during the second quarter worth approximately $2,208,000. Police & Firemen s Retirement System of New Jersey increased its holdings in shares of PTC by 4.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 17,978 shares of the technology company’s stock valued at $3,098,000 after acquiring an additional 810 shares during the period. Geode Capital Management LLC raised its position in PTC by 8.4% in the 2nd quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock valued at $586,438,000 after purchasing an additional 265,558 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in PTC by 23.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 37,396 shares of the technology company’s stock worth $6,445,000 after purchasing an additional 7,162 shares during the period. Finally, denkapparat Operations GmbH purchased a new position in PTC during the 2nd quarter worth $446,000. 95.14% of the stock is owned by institutional investors and hedge funds.

PTC Trading Up 2.9%

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

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, November 5th. The technology company reported $3.47 EPS for the quarter, topping 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 company had revenue of $893.80 million for the quarter, compared to analyst estimates of $752.05 million. During the same period in the previous year, the firm earned $1.54 EPS. The business’s revenue 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. As a group, sell-side analysts forecast that PTC Inc. will post 4.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on PTC shares. Wall Street Zen raised shares of PTC from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 20th. Wells Fargo & Company reaffirmed an “overweight” rating on shares of PTC in a research note on Tuesday, July 29th. Zacks Research downgraded PTC from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Barclays set a $233.00 target price on PTC in a report on Thursday, July 31st. Finally, Piper Sandler decreased their price target on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, November 7th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $205.92.

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.