34,742 Shares in PTC Inc. $PTC Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new stake in shares of PTC Inc. (NASDAQ:PTC - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 34,742 shares of the technology company's stock, valued at approximately $3,947,000.

Other hedge funds also recently modified their holdings of the company. Strategic Advisors LLC raised its position in PTC by 0.9% during 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 grew its stake in PTC by 23.2% during 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 in the last quarter. EverSource Wealth Advisors LLC grew its stake in PTC by 12.8% during 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 in the last quarter. Empowered Funds LLC increased its holdings in shares of PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company's stock valued at $387,000 after purchasing an additional 75 shares during the period. Finally, Huntington National Bank lifted its position in shares of PTC by 14.9% in the fourth quarter. Huntington National Bank now owns 586 shares of the technology company's stock worth $102,000 after purchasing an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company's stock.

PTC Trading Down 0.1%

NASDAQ:PTC opened at $128.71 on Friday. The stock's 50 day moving average price is $137.89 and its 200 day moving average price is $139.30. PTC Inc. has a 52 week low of $108.50 and a 52 week high of $208.56. The company has a market capitalization of $13.97 billion, a P/E ratio of 12.45, a P/E/G ratio of 1.76 and a beta of 1.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03.

PTC (NASDAQ:PTC - Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million during the quarter, compared to analysts' expectations of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company's revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, research analysts forecast that PTC Inc. will post 6.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PTC has been the subject of several research reports. Wall Street Zen cut shares of PTC from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. BMO Capital Markets increased their target price on shares of PTC from $155.00 to $164.00 and gave the stock an "outperform" rating in a research report on Thursday, July 30th. Berenberg Bank set a $170.00 target price on shares of PTC in a research note on Wednesday, May 27th. BNP Paribas Exane started coverage on shares of PTC in a report on Thursday, June 18th. They set a "neutral" rating and a $130.00 price target on the stock. Finally, Citigroup boosted their price target on shares of PTC from $127.00 to $141.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, PTC currently has an average rating of "Hold" and a consensus target price of $170.14.

PTC Company Profile

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company's portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.

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