Teacher Retirement System of Texas Raises Stock Holdings in PTC Inc. $PTC

Key Points

• Teacher Retirement System of Texas raised its stake in PTC by 66.7% to 26,188 shares (about $4.56 million), with institutional investors owning roughly 95.14% of the company.
• PTC beat expectations in its latest quarter with $1.92 EPS vs. $1.59 expected and revenue of $685.83 million (up 21.4% year‑over‑year), and set Q2 2026 EPS guidance of $1.93–2.54.
• Wall Street's consensus is a "Moderate Buy" with an average price target of $182.08, although several firms recently trimmed their targets.

Teacher Retirement System of Texas boosted its holdings in shares of PTC Inc. (NASDAQ:PTC - Free Report) by 66.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,188 shares of the technology company's stock after purchasing an additional 10,475 shares during the quarter. Teacher Retirement System of Texas' holdings in PTC were worth $4,562,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Empowered Funds LLC lifted its position in shares of PTC by 3.1% in the first quarter. Empowered Funds LLC now owns 2,498 shares of the technology company's stock valued at $387,000 after acquiring an additional 75 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of PTC by 34.4% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company's stock valued at $46,000 after acquiring an additional 76 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of PTC by 68.7% in the second quarter. EverSource Wealth Advisors LLC now owns 705 shares of the technology company's stock valued at $121,000 after acquiring an additional 287 shares in the last quarter. Cerity Partners LLC purchased a new position in shares of PTC in the second quarter valued at approximately $257,000. Finally, Alliancebernstein L.P. lifted its position in shares of PTC by 3.2% in the second quarter. Alliancebernstein L.P. now owns 132,962 shares of the technology company's stock valued at $22,915,000 after acquiring an additional 4,176 shares in the last quarter. Hedge funds and other institutional investors own 95.14% of the company's stock.

Insider Buying and Selling

In related news, Director Corinna Lathan sold 675 shares of PTC stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the transaction, the director owned 8,429 shares in the company, valued at approximately $1,325,375.96. This trade represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the transaction, the executive vice president owned 22,221 shares in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PTC. Royal Bank Of Canada decreased their target price on PTC from $235.00 to $195.00 and set an "outperform" rating on the stock in a research report on Thursday, February 5th. Wall Street Zen upgraded PTC from a "hold" rating to a "buy" rating in a research report on Saturday, April 18th. Citigroup decreased their target price on PTC from $181.00 to $166.00 and set a "neutral" rating on the stock in a research report on Friday, February 6th. KeyCorp decreased their target price on PTC from $210.00 to $195.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 17th. Finally, Mizuho decreased their target price on PTC from $180.00 to $160.00 and set a "neutral" rating on the stock in a research report on Monday, March 23rd. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $182.08.

PTC Stock Performance

Shares of PTC stock opened at $137.17 on Monday. PTC Inc. has a one year low of $130.89 and a one year high of $219.69. The company has a market cap of $16.32 billion, a price-to-earnings ratio of 20.02, a PEG ratio of 2.39 and a beta of 1.06. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.22 and a current ratio of 1.22. The business's 50 day moving average price is $148.50 and its 200 day moving average price is $166.71.

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

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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