PTC Inc. $PTC Shares Acquired by Continuum Advisory LLC

Key Points

• Continuum Advisory LLC increased its PTC stake by 1,127.7% in the second quarter, acquiring 31,227 additional shares for a total holding of 33,996 shares valued at approximately $3.86 million. Institutional investors collectively own 95.14% of PTC.
• Analyst sentiment is mixed: seven analysts rate PTC a Buy, six recommend Hold and one rates it Sell. The consensus rating is Hold, with an average price target of $170.14.
• PTC’s latest quarterly results narrowly beat earnings expectations at $1.58 per share but missed revenue estimates, with quarterly revenue falling 6.8% year over year to $600.05 million. Shares opened at $149.13, while the company provided fiscal 2026 EPS guidance of $7.87 to $8.42.

Continuum Advisory LLC lifted its holdings in shares of PTC Inc. (NASDAQ:PTC - Free Report) by 1,127.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,996 shares of the technology company's stock after purchasing an additional 31,227 shares during the period. Continuum Advisory LLC's holdings in PTC were worth $3,862,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Elyxium Wealth LLC purchased a new position in shares of PTC during the fourth quarter valued at approximately $27,000. Palladiem LLC purchased a new stake in PTC in the 4th quarter worth approximately $28,000. DV Equities LLC acquired a new position in PTC in the 4th quarter valued at $29,000. Keating Financial Advisory Services Inc. purchased a new position in shares of PTC during the 2nd quarter worth $30,000. Finally, Allworth Financial LP purchased a new position in shares of PTC during the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 95.14% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on PTC shares. BMO Capital Markets raised their price target on PTC from $155.00 to $164.00 and gave the stock an "outperform" rating in a research note on Thursday, July 30th. Wall Street Zen lowered shares of PTC from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. Stifel Nicolaus decreased their target price on shares of PTC from $180.00 to $165.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Berenberg Bank set a $170.00 target price on shares of PTC in a report on Wednesday, May 27th. Finally, Citigroup upped their price target on shares of PTC from $127.00 to $141.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $170.14.

PTC Stock Down 2.4%

NASDAQ PTC opened at $149.13 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $215.49. The business has a 50 day moving average price of $135.43 and a two-hundred day moving average price of $140.06. The stock has a market cap of $16.18 billion, a PE ratio of 14.42, a P/E/G ratio of 2.09 and a beta of 1.00.

PTC (NASDAQ:PTC - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 earnings per share 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 analyst estimates of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.PTC's quarterly revenue was down 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.64 EPS. PTC has set its FY 2026 guidance at 7.870-8.420 EPS and its Q4 2026 guidance at 1.630-2.210 EPS. As a group, sell-side analysts predict that PTC Inc. will post 6.54 EPS for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source