Louisiana State Employees Retirement System Makes New Investment in PTC Inc. $PTC

Louisiana State Employees Retirement System bought a new position in shares of PTC Inc. (NASDAQ:PTC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,100 shares of the technology company’s stock, valued at approximately $869,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Nordea Investment Management AB lifted its holdings in PTC by 25.9% in the fourth quarter. Nordea Investment Management AB now owns 269,396 shares of the technology company’s stock valued at $47,136,000 after buying an additional 55,485 shares during the period. Norges Bank bought a new position in PTC in the fourth quarter valued at approximately $295,399,000. Congress Asset Management Co. grew its holdings in PTC by 11.6% during the 4th quarter. Congress Asset Management Co. now owns 163,512 shares of the technology company’s stock worth $28,485,000 after acquiring an additional 17,020 shares during the period. Swiss Life Asset Management Ltd raised its position in shares of PTC by 109.7% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 62,631 shares of the technology company’s stock valued at $12,715,000 after acquiring an additional 32,758 shares during the last quarter. Finally, Aquatic Capital Management LLC bought a new stake in shares of PTC during the 3rd quarter valued at $9,208,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC Stock Performance

PTC opened at $124.55 on Monday. The company has a market capitalization of $14.39 billion, a price-to-earnings ratio of 11.88, a P/E/G ratio of 1.82 and a beta of 0.99. The business’s 50-day moving average price is $132.67 and its two-hundred day moving average price is $148.75. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $219.69. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The company had revenue of $774.30 million for the quarter, compared to the consensus estimate of $712.40 million. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm’s revenue was up 21.7% compared to the same quarter last year. During the same period last year, the company earned $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Equities analysts expect that PTC Inc. will post 6.35 EPS for the current fiscal year.

Insider Activity

In related news, CAO Alice Christenson sold 816 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the completion of the transaction, the chief accounting officer directly owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This represents a 39.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Barclays increased their target price on PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Rosenblatt Securities restated a “buy” rating and set a $190.00 target price on shares of PTC in a research report on Tuesday, May 5th. Weiss Ratings downgraded shares of PTC from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Finally, KeyCorp reduced their price objective on shares of PTC from $210.00 to $195.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 17th. Ten research 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $173.60.

PTC Company 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.