PTC Inc. $PTC Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management reduced its PTC stake by 14.2% in the second quarter, selling 186,093 shares and retaining 1.12 million shares valued at approximately $127.5 million. Institutional investors collectively own 95.14% of PTC.
• Analyst sentiment is mixed, with seven Buy, six Hold, and one Sell rating. MarketBeat reports an overall Hold consensus and an average price target of $170.14.
• PTC narrowly exceeded quarterly EPS expectations at $1.58 versus $1.57, but revenue of $600.05 million missed estimates and declined 6.8% year over year. Shares opened at $152.81, while the company provided fiscal 2026 EPS guidance of $7.87 to $8.42.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in PTC Inc. (NASDAQ:PTC - Free Report) by 14.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,122,548 shares of the technology company's stock after selling 186,093 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 1.03% of PTC worth $127,533,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Jupiter Topco LLC acquired a new position in shares of PTC in the 2nd quarter valued at $418,553,000. Norges Bank purchased a new stake in PTC during the 4th quarter valued at about $295,399,000. Amundi grew its stake in PTC by 151.9% during the 1st quarter. Amundi now owns 1,725,555 shares of the technology company's stock valued at $245,885,000 after purchasing an additional 1,040,656 shares during the last quarter. Legal & General Group Plc acquired a new position in shares of PTC in the second quarter valued at about $91,045,000. Finally, T. Rowe Price Investment Management Inc. raised its stake in shares of PTC by 3.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 18,384,246 shares of the technology company's stock worth $3,202,720,000 after purchasing an additional 602,858 shares during the last quarter. 95.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on PTC shares. BNP Paribas Exane began coverage on PTC in a research report on Thursday, June 18th. They issued a "neutral" rating and a $130.00 target price on the stock. Wall Street Zen lowered shares of PTC from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Berenberg Bank set a $170.00 price objective on shares of PTC in a report on Wednesday, May 27th. Weiss Ratings reiterated a "hold (c-)" rating on shares of PTC in a research note on Monday, August 3rd. Finally, Rosenblatt Securities reissued a "buy" rating and set a $190.00 target price on shares of PTC in a report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $170.14.

PTC Stock Down 1.9%

Shares of PTC stock opened at $152.81 on Wednesday. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $215.49. The stock has a market cap of $16.58 billion, a P/E ratio of 14.78, a P/E/G ratio of 2.22 and a beta of 1.00. The stock has a 50 day moving average of $134.70 and a 200 day moving average of $140.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

PTC (NASDAQ:PTC - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.57 by $0.01. The business had revenue of $600.05 million for 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%.The business's quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 expect that PTC Inc. will post 6.51 EPS 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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