Jefferies Financial Group Inc. Makes New Investment in PTC Inc. $PTC

Jefferies Financial Group Inc. bought a new position in PTC Inc. (NASDAQ:PTC) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 4,405 shares of the technology company’s stock, valued at approximately $500,000.

Several other hedge funds and other institutional investors also recently modified their holdings of PTC. Public Employees Retirement System of Ohio purchased a new stake in shares of PTC during the 2nd quarter valued at approximately $4,234,000. Capstone Investment Advisors LLC purchased a new position in PTC in the 2nd quarter valued at approximately $245,000. Corient Private Wealth LP purchased a new position in PTC in the 2nd quarter valued at approximately $1,946,000. Bank of America Corp DE bought a new stake in PTC during the 2nd quarter valued at $57,186,000. Finally, Freestone Grove Partners LP bought a new stake in PTC during the 2nd quarter valued at $42,916,000. Institutional investors own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PTC. Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. Barclays increased their price objective on PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Weiss Ratings restated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Finally, Piper Sandler reduced their target price on PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Seven 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $170.14.

PTC Stock Down 0.9%

Shares of NASDAQ:PTC opened at $155.74 on Tuesday. The firm has a fifty day moving average price of $133.89 and a two-hundred day moving average price of $140.09. The company has a market cap of $16.90 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 2.24 and a beta of 0.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. PTC Inc. has a one year low of $108.50 and a one year high of $215.81.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The firm had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter in the prior year, the firm posted $1.64 earnings per share. The business’s quarterly revenue was down 6.8% on a year-over-year basis. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Analysts anticipate that PTC Inc. will post 6.51 EPS for the current fiscal 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.