Keeler Thomas Management LLC Boosts Holdings in PTC Inc. $PTC

Keeler Thomas Management LLC raised its position in PTC Inc. (NASDAQ:PTC) by 19.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 21,948 shares of the technology company’s stock after acquiring an additional 3,597 shares during the quarter. Keeler Thomas Management LLC’s holdings in PTC were worth $2,494,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in shares of PTC in the 4th quarter worth $27,000. Palladiem LLC acquired a new position in shares of PTC during the fourth quarter worth about $28,000. DV Equities LLC acquired a new position in shares of PTC during the fourth quarter worth about $29,000. Keating Financial Advisory Services Inc. purchased a new position in PTC during the second quarter worth about $30,000. Finally, Allworth Financial LP purchased a new position in PTC during the second quarter worth about $32,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Stifel Nicolaus lowered their price objective on PTC from $180.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of PTC in a research note on Monday, August 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of PTC in a report on Thursday, July 30th. Wall Street Zen downgraded PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, BNP Paribas Exane started coverage on PTC in a report on Thursday, June 18th. They set a “neutral” rating and a $130.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, PTC has a consensus rating of “Hold” and an average target price of $170.14.

PTC Stock Down 0.9%

Shares of NASDAQ PTC opened at $155.74 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.40. PTC Inc. has a 52 week low of $108.50 and a 52 week high of $215.81. The firm has a 50-day moving average price of $133.89 and a 200 day moving average price of $140.09. The stock has a market capitalization of $16.90 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 2.24 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its earnings results 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. PTC had a net margin of 41.67% and a return on equity of 25.31%. The company had revenue of $600.05 million for the quarter, compared to analyst estimates of $611.62 million. During the same period in the prior year, the business posted $1.64 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts anticipate that PTC Inc. will post 6.51 EPS 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.