PTC Inc. $PTC Shares Bought by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in PTC Inc. (NASDAQ:PTC) by 13.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 747,936 shares of the technology company’s stock after purchasing an additional 87,908 shares during the period. Deutsche Bank AG’s holdings in PTC were worth $84,973,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in PTC during the fourth quarter worth about $295,399,000. Amundi boosted its stake in PTC by 151.9% in the first quarter. Amundi now owns 1,725,555 shares of the technology company’s stock valued at $245,885,000 after acquiring an additional 1,040,656 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in PTC by 3.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company’s stock valued at $3,202,720,000 after acquiring an additional 602,858 shares during the period. Pictet Asset Management Holding SA grew its holdings in shares of PTC by 17.8% during the first quarter. Pictet Asset Management Holding SA now owns 3,505,930 shares of the technology company’s stock valued at $499,525,000 after purchasing an additional 529,208 shares during the last quarter. Finally, Voloridge Investment Management LLC grew its holdings in shares of PTC by 856.8% during the third quarter. Voloridge Investment Management LLC now owns 465,814 shares of the technology company’s stock valued at $94,570,000 after purchasing an additional 417,130 shares during the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on PTC shares. Robert W. Baird set a $198.00 price target on PTC in a report on Thursday, May 7th. Citigroup upped their price objective on PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Wall Street Zen cut PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Piper Sandler reduced their price target on shares of PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Finally, BNP Paribas Exane started coverage on shares of PTC in a research report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price target for the company. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $170.14.

PTC Stock Performance

NASDAQ:PTC opened at $153.52 on Friday. The company has a 50-day moving average of $128.39 and a 200-day moving average of $140.13. The firm has a market cap of $16.66 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 2.17 and a beta of 0.98. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $217.64.

PTC (NASDAQ:PTC) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company had revenue of $600.05 million during the quarter, compared to the consensus estimate of $611.62 million. During the same quarter in the prior year, the firm earned $1.64 EPS. The company’s quarterly revenue was down 6.8% compared to the same quarter last year. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. Analysts forecast that PTC Inc. will post 6.51 earnings per share for the current fiscal year.

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.