5,947 Shares in PTC Inc. $PTC Acquired by Fieldview Capital Management LLC

Fieldview Capital Management LLC acquired a new stake in PTC Inc. (NASDAQ:PTC) during the third quarter, according to its most recent filing with the SEC. The firm acquired 5,947 shares of the technology company’s stock, valued at approximately $1,207,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in PTC in the second quarter valued at about $155,673,000. Vanguard Group Inc. lifted its position in PTC by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 14,748,971 shares of the technology company’s stock valued at $2,541,838,000 after purchasing an additional 416,791 shares during the period. Lazard Asset Management LLC boosted its stake in shares of PTC by 31.4% in 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 last quarter. Geode Capital Management LLC grew its position in shares of PTC by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,415,785 shares of the technology company’s stock worth $586,438,000 after buying an additional 265,558 shares during the period. Finally, State Street Corp raised its stake in shares of PTC by 4.0% during the second quarter. State Street Corp now owns 5,372,296 shares of the technology company’s stock worth $925,861,000 after buying an additional 205,029 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

PTC has been the subject of several recent research reports. Weiss Ratings cut shares of PTC from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. BMO Capital Markets decreased their target price on PTC from $219.00 to $189.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. KeyCorp set a $210.00 price target on PTC in a research note on Thursday, February 5th. Wall Street Zen downgraded shares of PTC from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Citigroup reduced their price objective on shares of PTC from $181.00 to $166.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $188.08.

Insider Activity

In related news, EVP Staats Aaron C. Von sold 240 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the sale, the executive vice president directly owned 22,221 shares of the company’s stock, valued at approximately $3,579,803.10. This represents a 1.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company’s stock.

PTC Stock Performance

PTC stock opened at $163.42 on Tuesday. PTC Inc. has a 1-year low of $133.38 and a 1-year high of $219.69. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.31. The firm has a market cap of $19.45 billion, a PE ratio of 23.86, a P/E/G ratio of 2.66 and a beta of 1.03. The business’s 50-day moving average price is $161.90 and its two-hundred day moving average price is $181.87.

PTC (NASDAQ:PTC) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.33. The company had revenue of $685.83 million during 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 for the quarter was up 21.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 earnings per share. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. As a group, research analysts forecast that PTC Inc. will post 4.46 earnings per share for the current year.

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.