Lombard Odier Asset Management Europe Ltd Has $1.60 Million Position in PTC Inc. $PTC

Lombard Odier Asset Management Europe Ltd lessened its holdings in shares of PTC Inc. (NASDAQ:PTC) by 82.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 11,266 shares of the technology company’s stock after selling 54,482 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in PTC were worth $1,605,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Advisors LLC lifted its stake in shares of PTC by 0.9% in the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after purchasing an additional 65 shares during the period. Allworth Financial LP boosted its position in shares of PTC by 23.2% in the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after purchasing an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of 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 purchasing an additional 75 shares during the period. Empowered Funds LLC grew its stake 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 worth $387,000 after purchasing an additional 75 shares during the period. Finally, Huntington National Bank increased its holdings in PTC by 14.9% in the fourth quarter. Huntington National Bank now owns 586 shares of the technology company’s stock valued at $102,000 after purchasing an additional 76 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

PTC Stock Performance

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

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate 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 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. Sell-side analysts expect that PTC Inc. will post 6.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. BNP Paribas Exane initiated coverage on PTC in a report on Thursday, June 18th. They set a “neutral” rating and a $130.00 target price on the stock. Weiss Ratings cut PTC from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Berenberg Bank set a $170.00 price objective on shares of PTC in a research note on Wednesday, May 27th. Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Barclays cut their target price on shares of PTC from $185.00 to $150.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Ten equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $169.00.

Insiders Place Their Bets

In other PTC news, CAO Alice Christenson sold 816 shares of the 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 completion of the transaction, the chief accounting officer owned 1,265 shares in the company, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.