PTC Inc. $PTC Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in PTC Inc. (NASDAQ:PTC) by 8.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,415,785 shares of the technology company’s stock after buying an additional 265,558 shares during the quarter. Geode Capital Management LLC owned about 2.85% of PTC worth $586,438,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. PNC Financial Services Group Inc. lifted its position in PTC by 23.7% during the second quarter. PNC Financial Services Group Inc. now owns 37,396 shares of the technology company’s stock valued at $6,445,000 after purchasing an additional 7,162 shares during the period. denkapparat Operations GmbH acquired a new position in shares of PTC in the 2nd quarter valued at about $446,000. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of PTC by 8.1% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 87,462 shares of the technology company’s stock worth $15,073,000 after buying an additional 6,579 shares during the last quarter. National Pension Service grew its holdings in PTC by 0.6% during the second quarter. National Pension Service now owns 217,238 shares of the technology company’s stock worth $37,439,000 after acquiring an additional 1,286 shares during the period. Finally, Vise Technologies Inc. acquired a new stake in PTC during the second quarter worth about $337,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PTC. Stifel Nicolaus boosted their price target on PTC from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Royal Bank Of Canada boosted their target price on shares of PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Zacks Research downgraded shares of PTC from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Piper Sandler cut their price objective 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. Finally, BMO Capital Markets decreased their price objective on shares of PTC from $231.00 to $219.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $205.92.

PTC Stock Performance

PTC opened at $179.61 on Friday. The company has a market cap of $21.52 billion, a price-to-earnings ratio of 42.36, a PEG ratio of 1.90 and a beta of 1.15. The firm’s fifty day simple moving average is $199.07 and its two-hundred day simple moving average is $190.59. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.34. PTC Inc. has a 52-week low of $133.38 and a 52-week high of $219.69.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, November 5th. The technology company reported $3.47 earnings per share 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 firm had revenue of $893.80 million during the quarter, compared to the consensus estimate of $752.05 million. During the same quarter in the prior year, the firm earned $1.54 EPS. The company’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. Equities analysts anticipate that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

PTC 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.