Landscape Capital Management L.L.C. Makes New Investment in PTC Inc. $PTC

Key Points

• Landscape Capital Management acquired 19,647 shares of PTC in the second quarter, valued at approximately $2.23 million. Institutional investors and hedge funds own 95.14% of the company.
• Analyst sentiment is mixed, with seven Buy ratings, six Holds and one Sell; PTC has an average rating of Hold and an average price target of $170.14.
• PTC slightly exceeded quarterly EPS expectations at $1.58, but revenue fell 6.8% year over year to $600.05 million, below consensus estimates of $611.62 million.

Landscape Capital Management L.L.C. acquired a new stake in PTC Inc. (NASDAQ:PTC - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 19,647 shares of the technology company's stock, valued at approximately $2,232,000.

Several other large investors have also modified their holdings of PTC. Korea Investment CORP purchased a new position in shares of PTC during the second quarter worth approximately $5,624,000. Callan Family Office LLC purchased a new stake in PTC in the 2nd quarter valued at $392,000. Keating Financial Advisory Services Inc. purchased a new stake in PTC in the 2nd quarter valued at $30,000. Allworth Financial LP purchased a new stake in PTC in the 2nd quarter valued at $32,000. Finally, B. Metzler seel. Sohn & Co. AG acquired a new stake in PTC during the 2nd quarter worth $925,000. 95.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Berenberg Bank set a $170.00 price objective on shares of PTC in a research report on Wednesday, May 27th. BNP Paribas Exane began coverage on shares of PTC in a report on Thursday, June 18th. They issued a "neutral" rating and a $130.00 target price for the company. Piper Sandler decreased their target price on shares of PTC from $175.00 to $157.00 and set a "neutral" rating for the company in a research note on Thursday, July 30th. Robert W. Baird set a $198.00 price target on PTC in a report on Thursday, May 7th. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of PTC in a research report on Monday, August 3rd. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, PTC presently has an average rating of "Hold" and an average target price of $170.14.

PTC Stock Performance

Shares of PTC opened at $154.68 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $16.78 billion, a P/E ratio of 14.96, a P/E/G ratio of 2.21 and a beta of 0.98. The company's fifty day moving average is $129.21 and its two-hundred day moving average is $140.24. 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 announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS 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 during the quarter, compared to the consensus estimate of $611.62 million. During the same quarter in the prior year, the firm earned $1.64 EPS. PTC's quarterly revenue was down 6.8% on a year-over-year basis. 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, sell-side analysts predict that PTC Inc. will post 6.51 earnings per share for the current 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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