Mackenzie Financial Corp Has $39.74 Million Stake in PTC Inc. $PTC

Mackenzie Financial Corp trimmed its stake in PTC Inc. (NASDAQ:PTC) by 7.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 195,764 shares of the technology company’s stock after selling 15,433 shares during the quarter. Mackenzie Financial Corp’s holdings in PTC were worth $39,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings 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 in the last quarter. State Street Corp raised its holdings in shares of 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 acquiring an additional 205,029 shares in the last quarter. Geode Capital Management LLC boosted its position in PTC by 8.4% during the second 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 boosted its position in PTC by 31.4% during the second quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock valued at $266,715,000 after purchasing an additional 370,097 shares during the last quarter. Finally, Norges Bank purchased a new position in PTC in the second quarter valued at about $155,673,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

PTC Price Performance

NASDAQ PTC opened at $157.46 on Friday. PTC Inc. has a fifty-two week low of $133.38 and a fifty-two week high of $219.69. The stock’s 50-day moving average is $160.95 and its two-hundred day moving average is $181.16. The firm has a market cap of $18.74 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 2.60 and a beta of 1.03. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22.

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

Insiders Place Their Bets

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the sale, the executive vice president owned 22,221 shares of the company’s stock, valued at $3,579,803.10. This represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Stifel Nicolaus set a $180.00 target price on PTC in a research report on Thursday, February 5th. Citigroup reduced their price target on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, February 6th. BMO Capital Markets dropped their price objective on PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Royal Bank Of Canada cut their price objective on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Finally, Rosenblatt Securities reduced their target price on shares of PTC from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Eleven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $188.08.

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.