B. Metzler seel. Sohn & Co. AG Invests $925,000 in PTC Inc. $PTC

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 8,140 PTC shares worth approximately $925,000 in the second quarter. Institutional investors and hedge funds collectively own 95.14% of PTC.
• Analyst sentiment is mixed: PTC has a consensus “Hold” rating and an average price target of $170.14, with targets ranging from $155 to $190.
• PTC’s latest quarterly earnings slightly exceeded expectations at $1.58 per share, but revenue fell 6.8% year over year to $600.05 million, below estimates. Shares opened at $154.31, with a market capitalization of approximately $16.74 billion.

B. Metzler seel. Sohn & Co. AG bought a new stake in shares of PTC Inc. (NASDAQ:PTC - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,140 shares of the technology company's stock, valued at approximately $925,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elyxium Wealth LLC bought a new position in PTC during the fourth quarter worth $27,000. Palladiem LLC bought a new stake in PTC during the fourth quarter valued at $28,000. DV Equities LLC acquired a new stake in PTC during the 4th quarter worth about $29,000. Cedar Mountain Advisors LLC bought a new position in shares of PTC in the 1st quarter worth about $36,000. Finally, Quarry LP lifted its stake in shares of PTC by 86.2% in the 3rd quarter. Quarry LP now owns 203 shares of the technology company's stock valued at $41,000 after purchasing an additional 94 shares during the period. Institutional investors and hedge funds own 95.14% of the company's stock.

Analyst Upgrades and Downgrades

PTC has been the subject of several recent analyst reports. Piper Sandler decreased their target price on PTC from $175.00 to $157.00 and set a "neutral" rating for the company in a research note on Thursday, July 30th. Berenberg Bank set a $170.00 price objective on shares of PTC in a research report on Wednesday, May 27th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of PTC in a research report on Monday, August 3rd. Rosenblatt Securities reiterated a "buy" rating and issued a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. Finally, Barclays boosted their target price on shares of PTC from $150.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, July 30th. Seven 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's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $170.14.

PTC Stock Down 0.2%

Shares of NASDAQ PTC opened at $154.31 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03. The company has a 50-day moving average price of $130.00 and a 200-day moving average price of $140.15. The stock has a market capitalization of $16.74 billion, a P/E ratio of 14.92, a P/E/G ratio of 2.21 and a beta of 0.98. PTC Inc. has a 1 year low of $108.50 and a 1 year high of $217.64.

PTC (NASDAQ:PTC - Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. During the same quarter in the prior year, the business posted $1.64 EPS. The firm's revenue was down 6.8% compared to the same quarter last year. 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, equities research analysts forecast that PTC Inc. will post 6.51 EPS 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.

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