Caisse de depot et placement du Quebec Invests $14.88 Million in PTC Inc. $PTC

Caisse de depot et placement du Quebec acquired a new position in shares of PTC Inc. (NASDAQ:PTC) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 130,954 shares of the technology company’s stock, valued at approximately $14,878,000.

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

PTC Stock Performance

PTC opened at $157.15 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $17.05 billion, a PE ratio of 15.20, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98. The stock has a 50-day moving average of $133.08 and a 200-day moving average of $140.28. PTC Inc. has a 52-week low of $108.50 and a 52-week high of $215.81.

PTC (NASDAQ:PTC) last posted its earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.01. The firm had revenue of $600.05 million during the quarter, compared to analyst estimates of $611.62 million. PTC had a return on equity of 25.31% and a net margin of 41.67%.The company’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same period in the previous year, the company 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. As a group, equities research analysts forecast that PTC Inc. will post 6.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on PTC. Wall Street Zen downgraded PTC from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. BNP Paribas Exane began coverage on shares of PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price for the company. Barclays boosted their target price on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Rosenblatt Securities restated a “buy” rating and set a $190.00 price target on shares of PTC in a research note on Thursday, July 30th. Finally, BMO Capital Markets raised their price target on shares of PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, PTC currently has a consensus rating of “Hold” and an average target price of $170.14.

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.