Leeward Investments LLC MA Grows Stock Holdings in PTC Inc. $PTC

Leeward Investments LLC MA grew its stake in PTC Inc. (NASDAQ:PTC) by 8.6% in the first quarter, Holdings Channel.com reports. The firm owned 77,829 shares of the technology company’s stock after acquiring an additional 6,189 shares during the quarter. Leeward Investments LLC MA’s holdings in PTC were worth $11,090,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nordea Investment Management AB boosted its position in shares of PTC by 25.9% during the 4th quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock valued at $47,136,000 after acquiring an additional 55,485 shares during the last quarter. Norges Bank acquired a new stake in PTC during the fourth quarter worth about $295,399,000. Dakota Wealth Management increased its position in PTC by 31.2% during the third quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock worth $7,913,000 after purchasing an additional 9,279 shares during the last quarter. Congress Asset Management Co. raised its stake in PTC by 11.6% during the fourth quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock worth $28,485,000 after purchasing an additional 17,020 shares during the period. Finally, Quantbot Technologies LP purchased a new position in PTC during the third quarter worth about $3,203,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PTC shares. Berenberg Bank set a $170.00 price target on shares of PTC in a research note on Wednesday, May 27th. Robert W. Baird set a $198.00 price target on shares of PTC in a research report on Thursday, May 7th. BNP Paribas Exane began coverage on PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price objective on the stock. Citigroup increased their price objective on PTC from $146.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Weiss Ratings cut PTC from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, PTC presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.60.

Insider Buying and Selling at PTC

In other PTC news, CAO Alice Christenson sold 816 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer directly owned 1,265 shares in the company, valued at $184,462.30. This represents a 39.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.29% of the company’s stock.

PTC Stock Down 2.3%

PTC stock opened at $112.33 on Wednesday. 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. The firm has a 50 day moving average price of $136.01 and a 200 day moving average price of $152.04. The company has a market capitalization of $12.98 billion, a PE ratio of 10.72, a price-to-earnings-growth ratio of 1.69 and a beta of 0.97.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. PTC had a return on equity of 25.84% and a net margin of 41.81%.The company had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. During the same period in the prior year, the firm earned $1.79 earnings per share. The firm’s revenue was up 21.7% compared to the same quarter last year. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Research analysts expect that PTC Inc. will post 6.32 earnings per share for the current year.

PTC Profile

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.