Illinois Municipal Retirement Fund Raises Stock Holdings in PTC Inc. $PTC

Illinois Municipal Retirement Fund lifted its stake in PTC Inc. (NASDAQ:PTC) by 83.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,646 shares of the technology company’s stock after buying an additional 11,224 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in PTC were worth $5,004,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in PTC by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock worth $2,541,838,000 after acquiring an additional 416,791 shares in the last quarter. State Street Corp boosted its position in shares of PTC by 4.0% in the second quarter. State Street Corp now owns 5,372,296 shares of the technology company’s stock worth $925,861,000 after purchasing an additional 205,029 shares during the period. Geode Capital Management LLC increased its stake in shares of PTC by 8.4% in the second quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock worth $586,438,000 after purchasing an additional 265,558 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of PTC by 31.4% during the 2nd quarter. Lazard Asset Management LLC now owns 1,547,622 shares of the technology company’s stock valued at $266,715,000 after purchasing an additional 370,097 shares during the period. Finally, Norges Bank purchased a new position in shares of PTC during the 2nd quarter valued at $155,673,000. 95.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PTC. Wall Street Zen downgraded shares of PTC from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. lowered PTC from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $205.00 to $162.00 in a research note on Monday, February 2nd. Piper Sandler cut their target price on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. KeyCorp set a $210.00 price target on PTC in a report on Thursday, February 5th. Finally, Oppenheimer cut their price objective on shares of PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $188.08.

Insiders Place Their Bets

In other news, EVP Staats Aaron C. Von sold 240 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total transaction of $38,664.00. Following the sale, the executive vice president directly owned 22,221 shares in the company, valued at approximately $3,579,803.10. This represents a 1.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kristian Talvitie sold 50,291 shares of PTC stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total value of $8,707,383.74. Following the completion of the transaction, the executive vice president owned 12,386 shares of the company’s stock, valued at approximately $2,144,512.04. This represents a 80.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 61,517 shares of company stock worth $10,662,740. 0.29% of the stock is owned by insiders.

Key PTC News

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Strong quarterly results and constructive FY‑2026 guidance — PTC beat Q4 expectations (EPS $1.92 vs. $1.59 est.; revenue $685.8M vs. $635.4M est.) and issued FY‑2026 EPS guidance of $6.69–$9.15 (midpoint above consensus) with revenue guidance $2.7–$2.9B — a combination that supports higher valuation and helped lift the stock. 5 Insightful Analyst Questions From PTC’s Q4 Earnings Call
• Positive Sentiment: New commercial win for FlexPLM — SPG Company selected PTC’s FlexPLM to modernize product lifecycle operations, which supports recurring cloud/PLM revenue growth and commercial traction in retail PLM. PTC FlexPLM to Strengthen SPG Company’s Licensed Product Operations
• Neutral Sentiment: Insider sale disclosed — EVP Aaron von Staats sold 240 shares (a small, <1.1% reduction of his holding). This is a routine-sized sale and not a large red flag, but investors note it. SEC filing: insider sale
• Neutral Sentiment: Wall Street / institutional context remains supportive — high institutional ownership and a consensus “Moderate Buy” with a ~$188 price target help underpin the stock even as some analyst targets vary.
• Negative Sentiment: Sector/headline pressure from AI competition — earlier reports tied to a Google AI upgrade briefly pressured AI‑exposed software names, which can create intraday volatility for PTC given its AI/IoT positioning. PTC stock falls after Google unveils AI Deep Think upgrade

PTC Price Performance

Shares of PTC stock opened at $156.77 on Friday. The firm has a market cap of $18.66 billion, a PE ratio of 22.89, a PEG ratio of 2.56 and a beta of 1.03. The stock has a 50 day moving average of $167.79 and a 200 day moving average of $187.86. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.33. The business had revenue of $685.83 million for the quarter, compared to the consensus estimate of $635.44 million. PTC had a return on equity of 24.63% and a net margin of 28.86%.The company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. On average, research analysts expect that PTC Inc. will post 4.46 EPS for the current fiscal year.

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.