PTC COMPLETES DIVESTITURE OF KEPWARE AND THINGWORX BUSINESSES [Yahoo! Finance]
PTC Inc. (PTC)
Last ptc inc. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
Divestiture of Kepware Industrial Connectivity and ThingWorx IoT businesses enables PTC to increase focus on Intelligent Product Lifecycle vision Updating post-divestiture financial guidance for FY'26 and Q2'26 Net after-tax proceeds from the divestiture will be used for share repurchases; Announcing $375 million accelerated share repurchase program BOSTON March 16, 2026 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced it has completed the previously announced sale of the company's Kepware ® industrial connectivity and ThingWorx ® Internet of Things (IoT) businesses to TPG, a leading global alternative asset management firm. PTC - digital transforms physical. (PRNewsfoto/PTC Inc.) "We are pleased to complete the divestiture of our Kepware and ThingWorx businesses as we increase our focus on our Intelligent Product Lifecycle vision," said Neil Barua, President and CEO, PTC. "We want to thank the teams moving over for their years of service, and we wish them well moving forw
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PTC
News
- PTC Inc (PTC) Leveraging AI to Enhance Products and Boost Internal Efficiency [Yahoo! Finance]Yahoo! Finance
- PTC (PTC) had its price target lowered by Rosenblatt Securities from $200.00 to $190.00. They now have a "buy" rating on the stock.MarketBeat
- PTC (PTC) had its price target lowered by KeyCorp from $210.00 to $195.00. They now have an "overweight" rating on the stock.MarketBeat
- PTC Teams with NVIDIA to Unite Design and Robotics Simulation by Connecting Onshape to NVIDIA Isaac Sim [Yahoo! Finance]Yahoo! Finance
- PTC (PTC) is now covered by Barclays PLC. They set an "overweight" rating and a $180.00 price target on the stock.MarketBeat
PTC
Earnings
- 2/4/26 - Beat
PTC
Sec Filings
- 3/18/26 - Form 4
- 3/16/26 - Form 144
- 3/16/26 - Form 4
- PTC's page on the SEC website