PTC (NASDAQ:PTC) Rating Lowered to “Equal Weight” at Barclays

PTC (NASDAQ:PTC) was downgraded by analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research note issued on Monday, MarketBeat.com reports. They currently have a $205.00 price objective on the technology company’s stock, up from their prior price objective of $155.00. Barclays‘s target price would indicate a potential upside of 6.22% from the stock’s current price.

PTC has been the subject of several other research reports. KeyCorp lowered shares of PTC from an “overweight” rating to a “sector weight” rating in a research note on Monday. Piper Sandler cut their target price on shares of PTC from $175.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Loop Capital downgraded shares of PTC from a “buy” rating to a “hold” rating and lifted their price target for the company from $200.00 to $205.00 in a research note on Monday. Rosenblatt Securities reiterated a “neutral” rating and set a $205.00 price objective (up from $190.00) on shares of PTC in a report on Monday. Finally, BNP Paribas Exane began coverage on PTC in a research note on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price for the company. Two research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $200.06.

PTC Stock Performance

PTC stock opened at $193.00 on Monday. The business has a 50 day moving average of $145.37 and a 200-day moving average of $137.51. The company has a market capitalization of $20.94 billion, a P/E ratio of 18.67, a P/E/G ratio of 2.42 and a beta of 0.99. PTC has a 1 year low of $108.50 and a 1 year high of $206.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.03 and a quick ratio of 1.03.

PTC (NASDAQ:PTC) last announced its earnings results on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.57 by $0.01. PTC had a return on equity of 25.31% and a net margin of 41.67%.The firm had revenue of $600.05 million for the quarter, compared to the consensus estimate of $611.62 million. During the same period in the previous year, the business earned $1.64 EPS. The business’s quarterly revenue was down 6.8% compared to the same quarter last year. 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, equities research analysts predict that PTC will post 6.56 earnings per share for the current year.

Insider Buying and Selling at PTC

In other PTC news, Director Corinna Lathan sold 1,750 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $195.75, for a total value of $342,562.50. Following the transaction, the director owned 6,679 shares of the company’s stock, valued at approximately $1,307,414.25. The trade was a 20.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.29% of the stock is owned by insiders.

Institutional Investors Weigh In On PTC

A number of hedge funds have recently modified their holdings of PTC. QRG Capital Management Inc. boosted its holdings in shares of PTC by 13.2% in the second quarter. QRG Capital Management Inc. now owns 7,089 shares of the technology company’s stock worth $805,000 after acquiring an additional 828 shares during the period. State Street Corp raised its stake in shares of PTC by 10.2% during the 2nd quarter. State Street Corp now owns 6,452,323 shares of the technology company’s stock valued at $733,048,000 after purchasing an additional 596,955 shares during the period. Tidal Investments LLC lifted its holdings in PTC by 25.1% during the 2nd quarter. Tidal Investments LLC now owns 40,728 shares of the technology company’s stock worth $4,627,000 after purchasing an additional 8,177 shares in the last quarter. Archford Capital Strategies LLC lifted its holdings in PTC by 4.7% during the 2nd quarter. Archford Capital Strategies LLC now owns 5,135 shares of the technology company’s stock worth $583,000 after purchasing an additional 232 shares in the last quarter. Finally, National Pension Service boosted its stake in PTC by 33.5% in the 2nd quarter. National Pension Service now owns 40,800 shares of the technology company’s stock worth $4,635,000 after purchasing an additional 10,231 shares during the period. Institutional investors own 95.14% of the company’s stock.

More PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Schneider Electric’s $205-per-share offer represents a substantial premium to PTC’s pre-announcement price and gives shareholders a clearly defined cash exit. The deal also supports Schneider’s strategy to expand its industrial software and artificial-intelligence capabilities. Schneider Electric inks $22.6 billion takeover of software maker PTC
• Positive Sentiment: JPMorgan upgraded PTC to “neutral” and raised its target to $205 from $145. Mizuho also lifted its target to $205 from $160, while several other firms set targets near the proposed deal price. These actions reflect reduced valuation uncertainty following the merger announcement. PTC Stock Price Target Raised at Mizuho
• Positive Sentiment: PTC’s 50-day moving average has crossed above its 200-day moving average, a technical “golden cross” that suggests improving momentum. However, the pending acquisition is the more important driver of the stock. Should You Buy PTC After Golden Cross
• Neutral Sentiment: Barclays reaffirmed its “equal weight” rating with a $205 target, while other firms moved to “hold” or “neutral.” With most targets clustered around the offer price, analysts see limited additional upside absent a higher bid. Barclays Reaffirms Equal Weight Rating for PTC
• Negative Sentiment: Several law firms are investigating whether PTC’s sale price and transaction process adequately protect shareholders, including potential insider benefits and deal restrictions. Such scrutiny could delay closing or create uncertainty around the merger. PTC Investor Alert
• Negative Sentiment: Director Corinna Lathan sold 1,750 shares for approximately $342,563, reducing her position by 20.76%. Although the sale is small relative to PTC’s market value, insider selling may weigh modestly on sentiment. PTC Director Insider Sale

About PTC

PTC Inc (NASDAQ: PTC) develops software designed to help manufacturers and other industrial companies create, manage, operate and service physical products. Its portfolio supports product lifecycle management, computer-aided design, application lifecycle management, service lifecycle management, industrial Internet of Things applications and augmented reality.

PTC’s primary products include Creo for 3D computer-aided design and engineering, Windchill for product lifecycle management, Codebeamer for application lifecycle management, and Servigistics for service parts and service operations management.