Jefferies Financial Group Inc. Acquires Shares of 4,405 PTC Inc. $PTC

Jefferies Financial Group Inc. acquired a new position in shares of PTC Inc. (NASDAQ:PTC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,405 shares of the technology company’s stock, valued at approximately $500,000.

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

PTC Trading Down 0.9%

Shares of PTC stock opened at $155.74 on Tuesday. The company has a 50 day moving average of $133.89 and a 200-day moving average of $140.09. 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 12-month low of $108.50 and a 12-month high of $215.81. The firm has a market cap of $16.90 billion, a P/E ratio of 15.06, a PEG ratio of 2.24 and a beta of 0.98.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The business had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. During the same quarter in the prior year, the business earned $1.64 earnings per share. PTC’s revenue for the quarter 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. Sell-side analysts anticipate that PTC Inc. will post 6.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Rosenblatt Securities restated a “buy” rating and issued a $190.00 target price on shares of PTC in a research note on Thursday, July 30th. Barclays boosted their price objective on PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Weiss Ratings restated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Berenberg Bank set a $170.00 target price on PTC in a research report on Wednesday, May 27th. Finally, BMO Capital Markets lifted their target price on PTC from $155.00 to $164.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $170.14.

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.