Mitsubishi UFJ Asset Management Co. Ltd. Increases Position in PTC Inc. $PTC

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of PTC Inc. (NASDAQ:PTC) by 10.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 254,675 shares of the technology company’s stock after purchasing an additional 24,360 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.21% of PTC worth $43,891,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. M&T Bank Corp lifted its position in shares of PTC by 8.2% during the 1st quarter. M&T Bank Corp now owns 9,522 shares of the technology company’s stock valued at $1,475,000 after buying an additional 724 shares in the last quarter. Xponance Inc. raised its position in PTC by 1.5% during the first quarter. Xponance Inc. now owns 23,636 shares of the technology company’s stock worth $3,662,000 after acquiring an additional 360 shares during the period. New York State Common Retirement Fund lifted its holdings in PTC by 3.9% during the first quarter. New York State Common Retirement Fund now owns 205,010 shares of the technology company’s stock valued at $31,766,000 after purchasing an additional 7,775 shares in the last quarter. CWM LLC grew its position in shares of PTC by 26.6% in the first quarter. CWM LLC now owns 11,800 shares of the technology company’s stock valued at $1,828,000 after purchasing an additional 2,476 shares during the period. Finally, Edgestream Partners L.P. grew its position in shares of PTC by 287.7% in the first quarter. Edgestream Partners L.P. now owns 17,139 shares of the technology company’s stock valued at $2,656,000 after purchasing an additional 12,718 shares during the period. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wells Fargo & Company restated an “overweight” rating on shares of PTC in a research report on Tuesday, July 29th. Cantor Fitzgerald set a $120.00 target price on PTC and gave the company an “overweight” rating in a report on Tuesday, July 29th. Robert W. Baird set a $255.00 price target on PTC in a research note on Wednesday, October 22nd. Oppenheimer boosted their price target on PTC from $225.00 to $240.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada raised their price objective on PTC from $224.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, PTC presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.92.

PTC Price Performance

PTC stock opened at $177.49 on Tuesday. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $21.26 billion, a PE ratio of 41.86, a price-to-earnings-growth ratio of 1.90 and a beta of 1.15. The business has a 50 day simple moving average of $201.90 and a 200-day simple moving average of $190.42.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, November 5th. The technology company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $1.21. PTC had a return on equity of 17.09% and a net margin of 20.74%.The company had revenue of $893.80 million for the quarter, compared to analyst estimates of $752.05 million. During the same quarter in the previous year, the company posted $1.54 earnings per share. The firm’s revenue for the quarter was up 42.7% compared to the same quarter last year. PTC has set its Q1 2026 guidance at 1.260-1.820 EPS. FY 2026 guidance at 6.490-8.950 EPS. Equities research analysts anticipate that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

PTC Profile

PTC Inc operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools.