Janus Henderson Group PLC Buys 32,508 Shares of PTC Inc. $PTC

Janus Henderson Group PLC boosted its stake in PTC Inc. (NASDAQ:PTC) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,518,792 shares of the technology company’s stock after acquiring an additional 32,508 shares during the period. Janus Henderson Group PLC’s holdings in PTC were worth $613,009,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PTC. Elyxium Wealth LLC acquired a new position in PTC in the fourth quarter valued at approximately $27,000. Palladiem LLC acquired a new position in PTC in the fourth quarter valued at approximately $28,000. DV Equities LLC acquired a new position in PTC in the fourth quarter valued at approximately $29,000. Board of the Pension Protection Fund acquired a new position in PTC in the fourth quarter valued at approximately $35,000. Finally, Rakuten Securities Inc. lifted its stake in PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after buying an additional 218 shares during the period. 95.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Barclays boosted their price target on PTC from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Weiss Ratings lowered PTC from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. KeyCorp lowered 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. Wall Street Zen raised PTC from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Finally, Berenberg Bank set a $170.00 target price on PTC in a research report on Wednesday, May 27th. Ten research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $176.71.

Insider Buying and Selling

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

PTC Price Performance

Shares of NASDAQ:PTC opened at $116.94 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.30. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $219.69. The stock’s 50 day moving average is $138.09 and its 200-day moving average is $153.78. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 11.16, a PEG ratio of 1.74 and a beta of 0.97.

PTC (NASDAQ:PTC) last released its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.63. The business had revenue of $774.30 million during 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%.PTC’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.79 EPS. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. Sell-side analysts forecast that PTC Inc. will post 6.32 EPS for the current fiscal year.

PTC Company 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.