Tidal Investments LLC Buys 8,177 Shares of PTC Inc. $PTC

Key Points

• Tidal Investments increased its PTC stake by 25.1% in the second quarter, purchasing 8,177 additional shares for a total of 40,728 shares valued at approximately $4.6 million. Institutional investors collectively own 95.14% of PTC.
• PTC reported quarterly EPS of $1.58, slightly exceeding analyst expectations, while revenue of $600.05 million fell 6.8% year over year and missed estimates. The company issued fiscal 2026 EPS guidance of $7.87 to $8.42.
• Analyst sentiment remains mixed, with seven Buy, six Hold, and one Sell rating, resulting in a consensus Hold rating and an average price target of $170.14. PTC opened at $130.78, below its 50-day and 200-day moving averages.

Tidal Investments LLC grew its stake in PTC Inc. (NASDAQ:PTC - Free Report) by 25.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,728 shares of the technology company's stock after buying an additional 8,177 shares during the period. Tidal Investments LLC's holdings in PTC were worth $4,627,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Strategic Advisors LLC lifted its holdings in PTC by 0.9% in the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company's stock worth $1,298,000 after purchasing an additional 65 shares during the last quarter. Allworth Financial LP grew its holdings in PTC by 23.2% during the fourth quarter. Allworth Financial LP now owns 393 shares of the technology company's stock valued at $68,000 after purchasing an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in PTC by 12.8% during the fourth 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 during the last quarter. Empowered Funds LLC raised 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 purchasing an additional 75 shares during the period. Finally, Huntington National Bank lifted its stake in shares of PTC by 14.9% in the fourth quarter. Huntington National Bank now owns 586 shares of the technology company's stock worth $102,000 after buying an additional 76 shares during the last quarter. Institutional investors own 95.14% of the company's stock.

PTC Price Performance

PTC opened at $130.78 on Monday. The business has a 50 day moving average of $138.01 and a 200-day moving average of $139.15. The stock has a market capitalization of $14.19 billion, a price-to-earnings ratio of 12.65, a P/E/G ratio of 1.79 and a beta of 1.00. 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 Inc. has a 1-year low of $108.50 and a 1-year high of $208.56.

PTC (NASDAQ:PTC - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share (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 business had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. During the same quarter in the previous year, the firm posted $1.64 earnings per share. PTC's revenue was down 6.8% compared to the same quarter last year. 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 anticipate that PTC Inc. will post 6.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on PTC shares. BMO Capital Markets upped their price objective on shares of PTC from $155.00 to $164.00 and gave the stock an "outperform" rating in a report on Thursday, July 30th. Piper Sandler dropped their target price on shares of PTC from $175.00 to $157.00 and set a "neutral" rating on the stock in a report on Thursday, July 30th. Weiss Ratings reissued a "hold (c-)" rating on shares of PTC in a research report on Monday, August 3rd. Citigroup upped their price target on shares of PTC from $127.00 to $141.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Finally, Barclays raised their price target on PTC from $150.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, PTC currently has a consensus rating of "Hold" and an average price target of $170.14.

PTC Profile

PTC Inc is a technology company that develops software for product design, engineering, manufacturing and service organizations. Its solutions help businesses create, manage and analyze product data throughout the product lifecycle, supporting collaboration from initial design through production and ongoing maintenance.

The company's portfolio includes Creo computer-aided design software, Windchill product lifecycle management software, and Onshape cloud-native product development tools.

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