Skandinaviska Enskilda Banken AB publ Boosts Stock Position in PTC Inc. $PTC

Skandinaviska Enskilda Banken AB publ lifted its stake in PTC Inc. (NASDAQ:PTC) by 8.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 90,828 shares of the technology company’s stock after purchasing an additional 6,724 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned about 0.08% of PTC worth $18,444,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PTC. Vanguard Group Inc. boosted its position in shares of PTC by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock valued at $2,541,838,000 after acquiring an additional 416,791 shares during the last quarter. State Street Corp raised its stake in PTC by 4.0% during the second quarter. State Street Corp now owns 5,372,296 shares of the technology company’s stock worth $925,861,000 after purchasing an additional 205,029 shares during the period. Geode Capital Management LLC boosted its holdings 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. Lazard Asset Management LLC grew its stake in shares of PTC by 31.4% in the 2nd quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock valued at $266,715,000 after buying an additional 370,097 shares during the period. Finally, Norges Bank acquired a new stake in shares of PTC during the 2nd quarter worth approximately $155,673,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analysts Set New Price Targets

PTC has been the subject of several analyst reports. Oppenheimer lowered their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Piper Sandler cut their price objective on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Robert W. Baird set a $255.00 price objective on shares of PTC in a report on Wednesday, October 22nd. Citigroup lowered their target price on shares of PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Finally, Wall Street Zen downgraded shares of PTC from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, PTC has an average rating of “Moderate Buy” and an average target price of $188.08.

PTC Price Performance

PTC stock opened at $153.07 on Wednesday. The business’s 50-day moving average is $167.04 and its two-hundred day moving average is $186.93. 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 $18.22 billion, a P/E ratio of 22.35, a P/E/G ratio of 2.56 and a beta of 1.03. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69.

PTC (NASDAQ:PTC) last released its earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm had revenue of $685.83 million for the quarter, compared to analyst estimates of $635.44 million. During the same period in the prior year, the firm earned $1.10 earnings per share. The business’s quarterly revenue was up 21.4% compared to the same quarter last year. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Analysts anticipate that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

Insider Buying and Selling at PTC

In other news, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total value of $8,707,383.74. Following the transaction, the executive vice president owned 12,386 shares in the company, valued at approximately $2,144,512.04. This represents a 80.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Staats Aaron C. Von sold 240 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares in the company, valued at $3,579,803.10. This trade represents a 1.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 61,517 shares of company stock valued at $10,662,740. Corporate insiders own 0.29% of the company’s stock.

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.