Lombard Odier Asset Management Europe Ltd Buys Shares of 30,651 PTC Inc. $PTC

Lombard Odier Asset Management Europe Ltd purchased a new position in shares of PTC Inc. (NASDAQ:PTC) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 30,651 shares of the technology company’s stock, valued at approximately $3,482,000.

Other institutional investors have also modified their holdings of the company. Elyxium Wealth LLC purchased a new position in shares of PTC during the fourth quarter valued at approximately $27,000. Palladiem LLC purchased a new stake in PTC in the 4th quarter worth approximately $28,000. DV Equities LLC purchased a new stake in PTC in the 4th quarter worth approximately $29,000. Keating Financial Advisory Services Inc. acquired a new position in PTC in the 2nd quarter valued at $30,000. Finally, Allworth Financial LP acquired a new position in PTC in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

PTC has been the topic of several analyst reports. Stifel Nicolaus decreased their price objective on PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Robert W. Baird set a $198.00 target price on PTC in a research note on Thursday, May 7th. Barclays increased their target price on PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. BNP Paribas Exane assumed coverage on PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target on the stock. Finally, Citigroup lifted their price target on PTC from $127.00 to $141.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $170.14.

PTC Stock Performance

PTC stock opened at $157.15 on Friday. The company has a market cap of $17.05 billion, a price-to-earnings ratio of 15.20, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98. PTC Inc. has a 12 month low of $108.50 and a 12 month high of $215.81. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s 50-day moving average is $133.08 and its 200-day moving average is $140.28.

PTC (NASDAQ:PTC) last issued its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The business had revenue of $600.05 million during the quarter, compared to analysts’ expectations of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Equities 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.