Impax Asset Management Group plc Has $100.92 Million Stock Holdings in PTC Inc. $PTC

Key Points

• Impax Asset Management cut its position in PTC by 20.6% in Q4, holding 579,317 shares worth $100.92 million (about 0.49% of the company) after selling 149,847 shares.
• PTC beat Q4 estimates with $1.92 EPS versus $1.59 expected and $685.8M revenue (up 21.4% year-over-year), and set Q2 2026 guidance of $1.93–2.54 EPS.
• Analysts show a consensus Moderate Buy (11 Buys, 5 Holds, 1 Sell) with a $182.08 average target, though several brokerages recently trimmed price targets.

Impax Asset Management Group plc lessened its position in shares of PTC Inc. (NASDAQ:PTC - Free Report) by 20.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 579,317 shares of the technology company's stock after selling 149,847 shares during the quarter. Impax Asset Management Group plc owned about 0.49% of PTC worth $100,923,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of PTC during the 3rd quarter worth approximately $30,000. SJS Investment Consulting Inc. grew its position in shares of PTC by 2,257.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 165 shares of the technology company's stock worth $34,000 after buying an additional 158 shares during the period. Board of the Pension Protection Fund acquired a new stake in shares of PTC during the 4th quarter worth approximately $35,000. Versant Capital Management Inc grew its position in shares of PTC by 37.6% during the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company's stock worth $39,000 after buying an additional 53 shares during the period. Finally, Rakuten Securities Inc. grew its position in shares of PTC by 2,725.0% during the 4th quarter. Rakuten Securities Inc. now owns 226 shares of the technology company's stock worth $39,000 after buying an additional 218 shares during the period. Institutional investors and hedge funds own 95.14% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PTC. Royal Bank Of Canada lowered their price target on shares of PTC from $235.00 to $195.00 and set an "outperform" rating for the company in a research report on Thursday, February 5th. Barclays began coverage on shares of PTC in a report on Tuesday, March 17th. They set an "overweight" rating and a $180.00 price objective for the company. Stifel Nicolaus set a $180.00 price objective on shares of PTC in a report on Thursday, February 5th. Oppenheimer decreased their price objective on shares of PTC from $240.00 to $200.00 and set an "outperform" rating for the company in a report on Wednesday, January 28th. Finally, Wall Street Zen upgraded shares of PTC from a "hold" rating to a "buy" rating in a report on Saturday, April 18th. Eleven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, PTC has an average rating of "Moderate Buy" and a consensus target price of $182.08.

Insiders Place Their Bets

In other PTC news, Director Corinna Lathan sold 675 shares of the company's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the sale, the director directly owned 8,429 shares of the company's stock, valued at approximately $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares in the company, valued at $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company's stock.

PTC Stock Up 1.0%

PTC stock opened at $137.17 on Friday. The stock has a market capitalization of $16.32 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 2.36 and a beta of 1.06. PTC Inc. has a twelve month low of $130.89 and a twelve month high of $219.69. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. The company has a 50 day moving average of $148.50 and a 200-day moving average of $167.21.

PTC (NASDAQ:PTC - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.33. The company had revenue of $685.83 million during the quarter, compared to analysts' expectations of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The business's quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, equities research analysts anticipate that PTC Inc. will post 6.13 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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