PTC Inc. $PTC Stock Holdings Lifted by Ampersand Capital Group L.P.

Ampersand Capital Group L.P. lifted its stake in shares of PTC Inc. (NASDAQ:PTC) by 3.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 200,498 shares of the technology company’s stock after purchasing an additional 6,943 shares during the period. PTC accounts for about 15.6% of Ampersand Capital Group L.P.’s portfolio, making the stock its 3rd largest holding. Ampersand Capital Group L.P. owned approximately 0.17% of PTC worth $28,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in PTC. Strategic Advisors LLC increased its stake in PTC by 0.9% during the fourth quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock worth $1,298,000 after acquiring an additional 65 shares during the last quarter. Allworth Financial LP boosted its stake in PTC by 23.2% during the fourth 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 period. EverSource Wealth Advisors LLC boosted its stake in PTC by 12.8% during the fourth 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 period. Empowered Funds LLC increased its position in shares of PTC by 3.1% during the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after acquiring an additional 75 shares during the last quarter. Finally, Huntington National Bank increased its position in shares of PTC by 14.9% during the fourth quarter. Huntington National Bank now owns 586 shares of the technology company’s stock valued at $102,000 after acquiring an additional 76 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Insider Activity at PTC

In other news, CAO Alice Christenson sold 816 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This trade represents a 39.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.29% of the company’s stock.

PTC Price Performance

PTC stock opened at $118.52 on Monday. The company’s 50 day moving average price is $127.33 and its 200 day moving average price is $143.14. The firm has a market capitalization of $13.69 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 1.73 and a beta of 0.99. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $219.69. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The company had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. During the same quarter in the previous year, the firm earned $1.79 earnings per share. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, equities research analysts anticipate that PTC Inc. will post 6.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on PTC. Berenberg Bank set a $170.00 price objective on shares of PTC in a report on Wednesday, May 27th. Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. BMO Capital Markets set a $155.00 target price on PTC in a research report on Friday. Citigroup upped their price target on PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Robert W. Baird set a $198.00 price target on PTC in a research report on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $169.00.

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.