PTC Inc. $PTC Shares Purchased by Continuum Advisory LLC

Continuum Advisory LLC grew its holdings in shares of PTC Inc. (NASDAQ:PTC) by 1,127.7% during the second quarter, Holdings Channel reports. The firm owned 33,996 shares of the technology company’s stock after acquiring an additional 31,227 shares during the quarter. Continuum Advisory LLC’s holdings in PTC were worth $3,862,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Elyxium Wealth LLC acquired a new position in shares of PTC in the 4th quarter valued at about $27,000. Palladiem LLC bought a new position in PTC in the fourth quarter worth about $28,000. DV Equities LLC bought a new position in PTC in the fourth quarter worth about $29,000. Keating Financial Advisory Services Inc. acquired a new position in PTC in the second quarter valued at approximately $30,000. Finally, Allworth Financial LP bought a new position in shares of PTC during the second quarter valued at approximately $32,000. 95.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PTC has been the topic of several recent research reports. Stifel Nicolaus cut their price target on PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Citigroup increased their target price on PTC from $127.00 to $141.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Piper Sandler cut their target price on PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of PTC in a report on Thursday, July 30th. Finally, Berenberg Bank set a $170.00 price target on shares of PTC in a research report on Wednesday, May 27th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $170.14.

PTC Stock Down 2.4%

PTC stock opened at $149.13 on Thursday. PTC Inc. has a 52 week low of $108.50 and a 52 week high of $215.49. The company has a market capitalization of $16.18 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 2.09 and a beta of 1.00. The firm’s 50-day moving average is $135.43 and its two-hundred day moving average is $140.06. 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 (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.01. The company had revenue of $600.05 million during 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 business’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $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, analysts forecast that PTC Inc. will post 6.54 earnings per share for the current fiscal year.

About PTC

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.