OMERS ADMINISTRATION Corp Invests $487,000 in PTC Inc. $PTC

OMERS ADMINISTRATION Corp bought a new stake in shares of PTC Inc. (NASDAQ:PTC) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 4,284 shares of the technology company’s stock, valued at approximately $487,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PTC. Elyxium Wealth LLC bought a new position in PTC during the fourth quarter worth about $27,000. Palladiem LLC bought a new stake in shares of PTC in the 4th quarter valued at approximately $28,000. DV Equities LLC bought a new stake in shares of PTC in the 4th quarter valued at approximately $29,000. Keating Financial Advisory Services Inc. acquired a new position in shares of PTC in the 2nd quarter worth approximately $30,000. Finally, Allworth Financial LP acquired a new position in shares of PTC in the 2nd quarter worth approximately $32,000. Institutional investors own 95.14% of the company’s stock.

PTC Stock Performance

PTC stock opened at $158.95 on Friday. The stock has a 50-day simple moving average of $132.23 and a 200 day simple moving average of $140.16. The stock has a market capitalization of $17.25 billion, a price-to-earnings ratio of 15.37, a P/E/G ratio of 2.16 and a beta of 0.98. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a 12-month low of $108.50 and a 12-month high of $217.64.

PTC (NASDAQ:PTC) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The firm had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company’s revenue was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, research analysts anticipate that PTC Inc. will post 6.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Citigroup boosted their price target on PTC from $127.00 to $141.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. Piper Sandler cut their price objective on PTC from $175.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Robert W. Baird set a $198.00 target price on shares of PTC in a research note on Thursday, May 7th. Finally, Stifel Nicolaus lowered their target price on shares of PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a 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 stock. According to data from MarketBeat, PTC has a consensus rating of “Hold” and an average target price of $170.14.

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.