PTC Inc. $PTC Shares Purchased by Amundi

Key Points

• Amundi increased its PTC stake by 151.9% in the first quarter, acquiring 1,040,656 additional shares and bringing its holdings to 1.73 million shares valued at approximately $245.9 million. Institutional investors and hedge funds collectively own 95.14% of PTC.
• PTC reported quarterly EPS of $1.58, narrowly beating estimates, but revenue of $600.1 million missed expectations and declined 6.8% year over year. Net income and EPS also fell from the prior-year period.
• Analyst sentiment remains mixed, with seven Buy, six Hold and one Sell rating, producing a consensus Hold rating and $171.14 price target. Stifel and Piper Sandler cut their targets, while BMO raised its target and maintained an Outperform rating.

Amundi increased its holdings in shares of PTC Inc. (NASDAQ:PTC - Free Report) by 151.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,725,555 shares of the technology company's stock after buying an additional 1,040,656 shares during the period. Amundi owned about 1.49% of PTC worth $245,885,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Strategic Advisors LLC boosted its holdings in PTC by 0.9% in the fourth quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company's stock valued at $1,298,000 after purchasing 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 worth $68,000 after purchasing an additional 74 shares in the last quarter. Empowered Funds LLC increased its holdings in PTC by 3.1% during the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company's stock worth $387,000 after purchasing an additional 75 shares during the period. EverSource Wealth Advisors LLC raised its position in PTC by 12.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company's stock valued at $115,000 after purchasing an additional 75 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company's stock valued at $46,000 after purchasing an additional 76 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

PTC Price Performance

PTC stock opened at $136.30 on Friday. The business has a 50 day moving average price of $126.10 and a 200 day moving average price of $141.92. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30. The stock has a market cap of $15.74 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 1.94 and a beta of 0.99. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $219.69.

PTC (NASDAQ:PTC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.57 by $0.01. PTC had a net margin of 41.67% and a return on equity of 24.69%. The company had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. During the same period in the prior year, the firm posted $1.64 earnings per share. The firm's 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. Equities research analysts anticipate that PTC Inc. will post 6.35 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Alice Christenson sold 816 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer directly owned 1,265 shares of the company's stock, valued at $184,462.30. This trade represents a 39.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.29% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on PTC. Stifel Nicolaus lowered their price objective on PTC from $180.00 to $165.00 and set a "buy" rating for the company in a research report on Thursday. Weiss Ratings cut shares of PTC from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday, May 6th. BMO Capital Markets lifted their price target on shares of PTC from $155.00 to $164.00 and gave the stock an "outperform" rating in a research note on Thursday. Piper Sandler lowered their price target on shares of PTC from $175.00 to $157.00 and set a "neutral" rating for the company in a report on Thursday. Finally, Wall Street Zen downgraded shares of PTC from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $171.14.

Key Stories Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 guidance for annual recurring revenue (ARR), revenue and earnings per share after reporting fiscal third-quarter results. Constant-currency ARR, excluding divested businesses, grew 9.1% year over year to $2.448 billion, above the high end of prior guidance. PTC Announces Third Fiscal Quarter 2026 Results
• Positive Sentiment: The company raised fiscal 2026 revenue guidance to approximately $2.69 billion-$2.75 billion and GAAP EPS guidance to $8.46-$9.18, while reaffirming cash-flow targets. PTC also forecast 9%-9.5% constant-currency ARR growth and increased its fiscal-year share-repurchase target to about $1.625 billion.
• Positive Sentiment: PTC repurchased roughly $525 million of stock during the quarter, pushing fiscal-year repurchases above the high end of its previous target. The buybacks may support per-share earnings and signal management confidence in the company’s cash generation.
• Positive Sentiment: Rosenblatt reaffirmed a Buy rating with a $190 price target, while BMO raised its target to $164 from $155 and maintained an Outperform rating. Analysts cited AI momentum, recurring-revenue growth and buybacks as supporting factors.
• Neutral Sentiment: Fiscal third-quarter EPS of $1.58 was slightly above the consensus estimate of $1.57, while operating cash flow reached $260.6 million and free cash flow totaled $249.3 million.
• Negative Sentiment: Quarterly revenue of $600.1 million missed analysts’ $611.6 million estimate and declined 6.8% year over year. Net income also fell to $118.8 million from $141.3 million, and EPS decreased from $1.64 a year earlier.
• Negative Sentiment: Piper Sandler lowered its price target to $157 from $175 and shifted to a Neutral rating, underscoring concerns about near-term sales performance despite the improved outlook.

PTC 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.

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