ING Groep NV Makes New Investment in PTC Inc. $PTC

ING Groep NV purchased a new position in PTC Inc. (NASDAQ:PTC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,482 shares of the technology company’s stock, valued at approximately $2,697,000.

Other large investors have also recently modified their holdings of the company. Elyxium Wealth LLC purchased a new position in shares of PTC in the 4th quarter worth about $27,000. Board of the Pension Protection Fund purchased a new position in shares of PTC in the 4th quarter worth about $35,000. Quarry LP raised its position in shares of PTC by 86.2% in the 3rd quarter. Quarry LP now owns 203 shares of the technology company’s stock worth $41,000 after purchasing an additional 94 shares during the last quarter. Rakuten Securities Inc. raised its position in shares of PTC by 2,725.0% in the 4th quarter. Rakuten Securities Inc. now owns 226 shares of the technology company’s stock worth $39,000 after purchasing an additional 218 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of PTC by 34.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 297 shares of the technology company’s stock worth $46,000 after purchasing an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PTC shares. Wall Street Zen raised PTC from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 price target on shares of PTC in a research report on Tuesday, May 5th. Robert W. Baird set a $198.00 price target on PTC in a research report on Thursday, May 7th. Barclays lifted their price target on PTC from $180.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Finally, Mizuho lowered their price target on PTC from $180.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. Ten 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $176.71.

PTC Price Performance

NASDAQ PTC opened at $136.97 on Wednesday. PTC Inc. has a one year low of $130.89 and a one year high of $219.69. The stock has a 50-day moving average of $140.83 and a 200 day moving average of $156.01. The company has a market capitalization of $15.82 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 2.00 and a beta of 0.97. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.23 and a current ratio of 1.23.

PTC (NASDAQ:PTC) last released its quarterly earnings data 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 return on equity of 25.84% and a net margin of 41.81%.The company had revenue of $774.30 million during the quarter, compared to the consensus estimate of $712.40 million. During the same period last year, the company earned $1.79 EPS. PTC’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, sell-side analysts forecast that PTC Inc. will post 6.3 EPS for the current year.

Insider Activity

In related news, CAO Alice Christenson sold 816 shares of PTC stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total value of $118,989.12. Following the completion of the sale, the chief accounting officer directly owned 1,265 shares in the company, valued at approximately $184,462.30. This trade represents a 39.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Corinna Lathan sold 675 shares of PTC stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $157.24, for a total value of $106,137.00. Following the completion of the sale, the director owned 8,429 shares of the company’s stock, valued at $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. 0.29% of the stock is currently owned by company insiders.

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.