The Illinois Municipal Retirement Fund significantly raised its stake in PTC Inc. (NASDAQ:PTC) by 83.6%, acquiring an additional 11,224 shares to a total of 24,646 shares valued at $5.00 million. This increase follows PTC’s strong Q4 earnings, which surpassed expectations, and its optimistic FY-2026 guidance. Despite some analyst target adjustments, the stock maintains a “Moderate Buy” consensus, with institutional investors holding over 95% of the shares.
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Illinois Municipal Retirement Fund Increases Stake in PTC Inc. $PTC
The Illinois Municipal Retirement Fund significantly raised its stake in PTC Inc. (NASDAQ:PTC) by 83.6%, acquiring an additional 11,224 shares to a total of 24,646 shares valued at $5.00 million. This increase follows PTC’s strong Q4 earnings, which surpassed expectations, and its optimistic FY-2026 guidance. Despite some analyst target adjustments, the stock maintains a “Moderate Buy” consensus, with institutional investors holding over 95% of the shares.