Callan Family Office LLC Invests $392,000 in PTC Inc. $PTC

Callan Family Office LLC acquired a new stake in shares of PTC Inc. (NASDAQ:PTC) during the second quarter, according to its most recent filing with the SEC. The fund acquired 3,453 shares of the technology company’s stock, valued at approximately $392,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Advisors LLC grew its stake in PTC by 0.9% during the fourth quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after acquiring an additional 65 shares in the last quarter. Allworth Financial LP increased its holdings in shares of PTC by 23.2% in the fourth 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 period. EverSource Wealth Advisors LLC increased its holdings in shares of PTC by 12.8% in 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 boosted its stake in PTC by 3.1% during the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after buying an additional 75 shares during the period. Finally, Huntington National Bank grew its position in PTC by 14.9% during the fourth quarter. Huntington National Bank now owns 586 shares of the technology company’s stock worth $102,000 after buying an additional 76 shares in the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on PTC shares. Berenberg Bank set a $170.00 price target on PTC in a report on Wednesday, May 27th. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a research report on Monday, August 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of PTC in a report on Thursday, July 30th. Wall Street Zen downgraded shares of PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, BMO Capital Markets lifted their price target on PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research note 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 stock. According to MarketBeat, PTC currently has a consensus rating of “Hold” and an average price target of $170.14.

PTC Price Performance

Shares of NASDAQ:PTC opened at $151.61 on Thursday. The company’s fifty day moving average is $131.35 and its 200 day moving average is $140.14. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a 52 week low of $108.50 and a 52 week high of $217.64. The stock has a market cap of $16.45 billion, a PE ratio of 14.66, a PEG ratio of 2.16 and a beta of 0.98.

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