Public Employees Retirement System of Ohio Takes $4.23 Million Position in PTC Inc. $PTC

Public Employees Retirement System of Ohio acquired a new position in shares of PTC Inc. (NASDAQ:PTC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 37,268 shares of the technology company’s stock, valued at approximately $4,234,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Advisors LLC lifted its stake in PTC by 0.9% in the fourth quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock valued at $1,298,000 after buying an additional 65 shares during the period. Allworth Financial LP increased its stake in shares of PTC by 23.2% in the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock valued at $68,000 after acquiring an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of PTC by 12.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock valued at $115,000 after acquiring an additional 75 shares during the period. Empowered Funds LLC boosted its stake in PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after acquiring an additional 75 shares during the last quarter. Finally, Huntington National Bank grew its holdings in PTC by 14.9% during the fourth quarter. Huntington National Bank now owns 586 shares of the technology company’s stock valued at $102,000 after purchasing an additional 76 shares during the period. Institutional investors own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

PTC has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a report on Monday, August 3rd. BNP Paribas Exane assumed coverage on shares of PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 price target for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. Berenberg Bank set a $170.00 target price on PTC in a report on Wednesday, May 27th. Finally, Barclays boosted their target price on PTC from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Seven investment 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.com, the company currently has a consensus rating of “Hold” and an average target price of $170.14.

PTC Price Performance

PTC stock opened at $150.08 on Friday. The stock has a 50-day moving average price of $136.18 and a two-hundred day moving average price of $140.01. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $215.49. The stock has a market cap of $16.29 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 2.04 and a beta of 1.00. 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 (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.01. The company had revenue of $600.05 million for 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%.The company’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.64 earnings per share. 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 forecast that PTC Inc. will post 6.54 EPS 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.