Vestmark Advisory Solutions Inc. Purchases 2,464 Shares of PTC Inc. $PTC

Vestmark Advisory Solutions Inc. boosted its position in shares of PTC Inc. (NASDAQ:PTC) by 149.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,108 shares of the technology company’s stock after acquiring an additional 2,464 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in PTC were worth $708,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bryn Mawr Trust Advisors LLC acquired a new position in PTC during the 2nd quarter valued at about $215,000. Savant Capital LLC acquired a new position in shares of PTC during the second quarter valued at about $285,000. Modera Wealth Management LLC acquired a new position in shares of PTC during the second quarter valued at about $204,000. Resona Asset Management Co. Ltd. raised its position in shares of PTC by 15.9% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 47,257 shares of the technology company’s stock valued at $8,125,000 after purchasing an additional 6,489 shares during the last quarter. Finally, Moors & Cabot Inc. acquired a new stake in PTC in the 2nd quarter worth approximately $211,000. 95.14% of the stock is owned by hedge funds and other institutional investors.

PTC Stock Performance

Shares of NASDAQ PTC opened at $178.00 on Wednesday. The company has a market capitalization of $21.32 billion, a PE ratio of 41.98, a price-to-earnings-growth ratio of 1.90 and a beta of 1.15. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.89 and a current ratio of 0.89. The company’s fifty day moving average price is $201.21 and its 200 day moving average price is $190.59. PTC Inc. has a 1 year low of $133.38 and a 1 year high of $219.69.

PTC (NASDAQ:PTC) last issued 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 net margin of 20.74% and a return on equity of 17.09%. The business had revenue of $893.80 million during the quarter, compared to the consensus estimate of $752.05 million. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The company’s revenue 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. On average, research analysts predict that PTC Inc. will post 4.46 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on PTC. BMO Capital Markets cut their price target on shares of PTC from $231.00 to $219.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. KeyCorp reissued an “overweight” rating and set a $245.00 price objective (up from $192.00) on shares of PTC in a report on Thursday, July 31st. Rosenblatt Securities reduced their target price on PTC from $227.00 to $220.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Weiss Ratings cut PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Wall Street Zen upgraded PTC from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 20th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $205.92.

PTC Company 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.