PTC Inc. $PTC Shares Bought by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich grew its holdings in PTC Inc. (NASDAQ:PTC) by 16.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,032 shares of the technology company’s stock after buying an additional 5,655 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in PTC were worth $4,662,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Elyxium Wealth LLC acquired a new stake in PTC in the 4th quarter valued at $27,000. Palladiem LLC acquired a new position in PTC during the fourth quarter worth $28,000. DV Equities LLC purchased a new position in PTC during the fourth quarter valued at $29,000. Keating Financial Advisory Services Inc. purchased a new position in PTC during the second quarter valued at $30,000. Finally, Allworth Financial LP acquired a new stake in shares of PTC in the second quarter valued at about $32,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on PTC. Barclays upped their price target on shares of PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of PTC in a report on Monday, August 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of PTC in a research note on Thursday, July 30th. Citigroup raised their target price on PTC from $127.00 to $141.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Finally, Wall Street Zen lowered PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $170.14.

PTC Stock Performance

PTC opened at $141.02 on Friday. The firm has a market capitalization of $15.30 billion, a PE ratio of 13.64, a PEG ratio of 2.05 and a beta of 1.00. PTC Inc. has a twelve month low of $108.50 and a twelve month high of $215.49. The firm’s 50-day moving average price is $136.68 and its 200 day moving average price is $140.02. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $611.62 million. During the same quarter in the prior year, the firm earned $1.64 EPS. PTC’s quarterly revenue was down 6.8% on a year-over-year basis. 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 expect that PTC Inc. will post 6.54 EPS for the current fiscal year.

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.