Capstone Capital Management Ltd Makes New Investment in PTC Inc. $PTC

Capstone Capital Management Ltd bought a new position in PTC Inc. (NASDAQ:PTC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,757 shares of the technology company’s stock, valued at approximately $1,003,000. PTC comprises approximately 1.0% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 19th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its holdings in PTC by 37.6% during the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after purchasing an additional 53 shares during the last quarter. Trust Point Inc. boosted its holdings in shares of PTC by 3.2% during the 4th quarter. Trust Point Inc. now owns 2,035 shares of the technology company’s stock worth $355,000 after buying an additional 63 shares during the period. Allworth Financial LP boosted its holdings in shares of 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 buying an additional 74 shares during the period. Empowered Funds LLC grew its stake in PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock valued at $387,000 after buying an additional 75 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in PTC by 34.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

PTC has been the subject of several recent analyst reports. Mizuho decreased their target price on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, March 23rd. Oppenheimer dropped their price target on PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 price target on shares of PTC in a research report on Tuesday, May 5th. Robert W. Baird set a $198.00 price target on PTC in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada dropped their price target on PTC from $235.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $177.23.

PTC Stock Performance

Shares of NASDAQ:PTC opened at $144.06 on Tuesday. The business’s fifty day moving average price is $144.04 and its two-hundred day moving average price is $160.60. PTC Inc. has a fifty-two week low of $130.89 and a fifty-two week high of $219.69. The stock has a market capitalization of $16.64 billion, a price-to-earnings ratio of 13.75, a price-to-earnings-growth ratio of 2.15 and a beta of 0.98. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23.

PTC (NASDAQ:PTC) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.63. The company had revenue of $774.30 million for the quarter, compared to analyst estimates of $712.40 million. PTC had a return on equity of 25.84% and a net margin of 41.81%.The business’s revenue was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.79 earnings per share. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. As a group, analysts predict that PTC Inc. will post 6.13 EPS for the current fiscal year.

Insider Buying and Selling at PTC

In other PTC news, CAO Alice Christenson sold 816 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the transaction, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This represents a 39.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Corinna Lathan sold 675 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total value of $106,137.00. Following the completion of the transaction, the director directly owned 8,429 shares in the company, valued at $1,325,375.96. The trade was a 7.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.

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.