United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Buys New Holdings in PTC Inc. $PTC

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of PTC Inc. (NASDAQ:PTC) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 5,400 shares of the technology company’s stock, valued at approximately $613,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PTC. Elyxium Wealth LLC acquired a new stake in shares of PTC in the fourth quarter valued at approximately $27,000. Palladiem LLC acquired a new position in shares of PTC during the 4th quarter worth approximately $28,000. DV Equities LLC acquired a new position in shares of PTC during the 4th quarter worth approximately $29,000. Quarry LP raised its stake in PTC by 86.2% in the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after acquiring an additional 94 shares during the period. Finally, Rakuten Securities Inc. raised its stake in PTC by 2,725.0% in the 4th quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after acquiring an additional 218 shares during the period. Institutional investors own 95.14% of the company’s stock.

PTC Trading Down 2.7%

Shares of PTC stock opened at $149.75 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 firm has a 50-day moving average of $126.95 and a 200-day moving average of $140.58. PTC Inc. has a 52-week low of $108.50 and a 52-week high of $217.64. The stock has a market cap of $16.25 billion, a PE ratio of 14.48, a PEG ratio of 2.15 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its quarterly earnings data 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 business had revenue of $600.05 million during the quarter, compared to analysts’ expectations of $611.62 million. PTC had a net margin of 41.67% and a return on equity of 25.31%. The business’s revenue was down 6.8% on a year-over-year basis. During the same quarter 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, sell-side analysts forecast that PTC Inc. will post 6.51 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Stifel Nicolaus reduced their price objective on shares of PTC from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. BMO Capital Markets increased their price objective on shares of PTC from $155.00 to $164.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Weiss Ratings restated a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Barclays lifted their target price on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Berenberg Bank set a $170.00 price target on shares of PTC in a research note on Wednesday, May 27th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PTC currently has an average rating of “Hold” and a consensus 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.