TD Asset Management Inc Decreases Position in PTC Inc. $PTC

TD Asset Management Inc decreased its stake in PTC Inc. (NASDAQ:PTC) by 11.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 502,558 shares of the technology company’s stock after selling 67,768 shares during the quarter. TD Asset Management Inc owned about 0.42% of PTC worth $102,029,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of PTC. Mufg Securities Americas Inc. boosted its stake in PTC by 21.5% during the third quarter. Mufg Securities Americas Inc. now owns 3,231 shares of the technology company’s stock worth $656,000 after buying an additional 572 shares during the period. Dakota Wealth Management raised its stake in shares of PTC by 31.2% in the third quarter. Dakota Wealth Management now owns 38,975 shares of the technology company’s stock valued at $7,913,000 after acquiring an additional 9,279 shares during the period. Alliance Wealth Advisors LLC UT lifted its holdings in shares of PTC by 6.0% in the 3rd quarter. Alliance Wealth Advisors LLC UT now owns 6,067 shares of the technology company’s stock worth $1,232,000 after acquiring an additional 346 shares during the last quarter. Semanteon Capital Management LP purchased a new position in shares of PTC during the 3rd quarter worth about $372,000. Finally, Lansforsakringar Fondforvaltning AB publ grew its holdings in PTC by 12.6% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 39,718 shares of the technology company’s stock valued at $8,064,000 after purchasing an additional 4,435 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PTC. BMO Capital Markets decreased their price objective on shares of PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research note on Thursday, February 5th. Royal Bank Of Canada reduced their price target on PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Oppenheimer dropped their price objective on PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. KeyCorp set a $210.00 target price on PTC in a research report on Thursday, February 5th. Finally, Piper Sandler lowered their target price on shares of PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Eleven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $188.08.

Insider Buying and Selling

In related news, EVP Staats Aaron C. Von sold 6,328 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $174.79, for a total value of $1,106,071.12. Following the completion of the transaction, the executive vice president owned 22,461 shares of the company’s stock, valued at $3,925,958.19. The trade was a 21.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total value of $8,707,383.74. Following the sale, the executive vice president directly owned 12,386 shares in the company, valued at $2,144,512.04. This trade represents a 80.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 61,517 shares of company stock worth $10,662,740. Insiders own 0.29% of the company’s stock.

PTC Price Performance

PTC opened at $154.11 on Thursday. The company has a market capitalization of $18.34 billion, a price-to-earnings ratio of 22.50, a PEG ratio of 2.51 and a beta of 1.03. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. PTC Inc. has a 12-month low of $133.38 and a 12-month high of $219.69. The business’s fifty day simple moving average is $164.42 and its 200-day simple moving average is $184.68.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The company had revenue of $685.83 million during the quarter, compared to analyst estimates of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, equities research analysts anticipate that PTC Inc. will post 4.46 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.