Eurizon Capital SGR S.p.A. Makes New Investment in PTC Inc. $PTC

Eurizon Capital SGR S.p.A. bought a new stake in PTC Inc. (NASDAQ:PTC) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 88,138 shares of the technology company’s stock, valued at approximately $15,355,000.

A number of other institutional investors and hedge funds also recently modified their holdings of PTC. Voloridge Investment Management LLC raised its holdings in shares of PTC by 856.8% in the 3rd 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 period. Robeco Institutional Asset Management B.V. raised its holdings in shares of PTC by 96.0% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 709,352 shares of the technology company’s stock valued at $123,576,000 after purchasing an additional 347,414 shares during the period. Tudor Investment Corp ET AL raised its holdings in shares of PTC by 7,570.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 316,793 shares of the technology company’s stock valued at $64,315,000 after purchasing an additional 312,663 shares during the period. State Street Corp raised its holdings in shares of PTC by 4.1% in the 3rd quarter. State Street Corp now owns 5,593,645 shares of the technology company’s stock valued at $1,135,622,000 after purchasing an additional 221,349 shares during the period. Finally, Select Equity Group L.P. raised its holdings in shares of PTC by 26.7% in the 2nd quarter. Select Equity Group L.P. now owns 775,077 shares of the technology company’s stock valued at $133,577,000 after purchasing an additional 163,152 shares during the period. 95.14% of the stock is owned by institutional investors.

Insider Transactions at PTC

In related news, CAO Alice Christenson sold 816 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares in the company, valued at approximately $184,462.30. This represents a 39.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the completion of the transaction, the director owned 8,429 shares in the company, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada dropped their target price on shares of PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. BMO Capital Markets dropped their target price on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Mizuho dropped their target price on shares of PTC from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. JPMorgan Chase & Co. cut shares of PTC from a “neutral” rating to an “underweight” rating and dropped their target price for the company from $205.00 to $162.00 in a report on Monday, February 2nd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 target price on shares of PTC in a report on Tuesday, May 5th. Ten research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $176.71.

PTC Price Performance

Shares of PTC opened at $138.73 on Monday. PTC Inc. has a 52 week low of $130.89 and a 52 week high of $219.69. The firm has a market cap of $16.02 billion, a P/E ratio of 13.24, a price-to-earnings-growth ratio of 2.04 and a beta of 0.97. The firm’s 50-day simple moving average is $141.67 and its 200 day simple moving average is $157.79. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The business had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. During the same quarter in the prior year, the business earned $1.79 EPS. PTC’s quarterly revenue was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, analysts forecast that PTC Inc. will post 6.3 earnings per share for the current year.

PTC Profile

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.