Nicholas Company Inc. Has $19.53 Million Position in PTC Inc. $PTC

Nicholas Company Inc. reduced its holdings in PTC Inc. (NASDAQ:PTC) by 6.9% during the 4th quarter, HoldingsChannel reports. The firm owned 112,099 shares of the technology company’s stock after selling 8,326 shares during the quarter. Nicholas Company Inc.’s holdings in PTC were worth $19,529,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in PTC. Root Financial Partners LLC bought a new stake in shares of PTC in the third quarter valued at about $30,000. Versant Capital Management Inc raised its stake in shares of PTC by 37.6% in the third quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after acquiring an additional 53 shares during the last quarter. Board of the Pension Protection Fund bought a new position in shares of PTC in the fourth quarter valued at approximately $35,000. Quarry LP increased its holdings in shares of PTC by 86.2% in the third quarter. Quarry LP now owns 203 shares of the technology company’s stock valued at $41,000 after purchasing an additional 94 shares in the last quarter. Finally, Rakuten Securities Inc. increased its holdings in shares of PTC by 2,725.0% in the fourth quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock valued at $39,000 after purchasing an additional 218 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

PTC News Summary

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC beat Wall Street expectations with Q2 adjusted EPS of $2.69 and revenue of $774.3 million, both ahead of estimates, signaling stronger-than-expected execution. PTC earnings report
• Positive Sentiment: The company raised full-year fiscal 2026 guidance for revenue and non-GAAP EPS, which suggests management sees momentum continuing into the rest of the year. Reuters article
• Positive Sentiment: Investors also reacted to strong ARR growth, better cash generation, and a large share repurchase plan, all of which point to improving fundamentals and shareholder returns. Quiver Quantitative article
• Positive Sentiment: Analyst and market commentary today has been focused on PTC beating estimates and benefiting from AI-related demand trends, reinforcing the bullish reaction. Zacks article
• Neutral Sentiment: Some recent institutional filings show mixed ownership trends, with several funds adding to PTC while others trimmed positions. Fund update
• Negative Sentiment: One offsetting caution is that insider selling has been persistent over recent months, which may keep some investors guarded despite the strong earnings beat. Quiver Quantitative article

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. JPMorgan Chase & Co. lowered shares of PTC from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Barclays lifted their target price on shares of PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday. Rosenblatt Securities reaffirmed a “buy” rating and set a $190.00 target price on shares of PTC in a report on Tuesday, May 5th. BMO Capital Markets reduced their price target on shares of PTC from $219.00 to $189.00 and set an “outperform” rating on the stock in a research report on Thursday, February 5th. Finally, Wall Street Zen raised shares of PTC from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Ten analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $177.23.

PTC Stock Performance

Shares of NASDAQ:PTC opened at $146.65 on Monday. The company’s 50-day moving average price is $146.29 and its two-hundred day moving average price is $163.60. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.23 and a quick ratio of 1.23. PTC Inc. has a one year low of $130.89 and a one year high of $219.69. The stock has a market capitalization of $16.94 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 2.22 and a beta of 0.98.

PTC (NASDAQ:PTC) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.06 by $0.63. PTC had a net margin of 41.81% and a return on equity of 25.84%. The firm had revenue of $774.30 million for the quarter, compared to analysts’ expectations of $712.40 million. During the same period in the previous year, the firm posted $1.79 EPS. The company’s revenue for the quarter was up 21.7% on a year-over-year basis. PTC has set its FY 2026 guidance at 6.650-8.900 EPS and its Q3 2026 guidance at 1.240-1.780 EPS. On average, equities analysts forecast that PTC Inc. will post 6.13 EPS for the current fiscal year.

Insider Activity

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the business’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 of the company’s stock, valued at $3,579,803.10. The trade was a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Corinna Lathan sold 675 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $157.24, for a total transaction of $106,137.00. Following the completion of the sale, the director directly owned 8,429 shares in the company, valued at approximately $1,325,375.96. The trade was a 7.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

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.