California State Teachers Retirement System Sells 4,801 Shares of PTC Inc. $PTC

California State Teachers Retirement System reduced its holdings in shares of PTC Inc. (NASDAQ:PTC) by 2.7% in the first quarter, Holdings Channel reports. The institutional investor owned 173,078 shares of the technology company’s stock after selling 4,801 shares during the period. California State Teachers Retirement System’s holdings in PTC were worth $24,662,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Advisors LLC boosted its stake in shares of PTC by 0.9% during the 4th quarter. Strategic Advisors LLC now owns 7,448 shares of the technology company’s stock worth $1,298,000 after acquiring an additional 65 shares during the last quarter. Allworth Financial LP increased its stake in shares of PTC by 23.2% in the 4th quarter. Allworth Financial LP now owns 393 shares of the technology company’s stock worth $68,000 after purchasing an additional 74 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of PTC by 12.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 663 shares of the technology company’s stock worth $115,000 after purchasing an additional 75 shares in the last quarter. Empowered Funds LLC raised its holdings in PTC by 3.1% in the 1st quarter. Empowered Funds LLC now owns 2,498 shares of the technology company’s stock worth $387,000 after purchasing an additional 75 shares during the period. Finally, Huntington National Bank raised its holdings in PTC by 14.9% in the 4th quarter. Huntington National Bank now owns 586 shares of the technology company’s stock worth $102,000 after purchasing an additional 76 shares during the period. 95.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PTC has been the subject of several recent research reports. Robert W. Baird set a $198.00 price target on PTC in a report on Thursday, May 7th. Barclays raised their price objective on PTC from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday. Rosenblatt Securities reaffirmed a “buy” rating and set a $190.00 price objective on shares of PTC in a research report on Thursday. Wall Street Zen downgraded PTC from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, BNP Paribas Exane assumed coverage on shares of PTC in a report on Thursday, June 18th. They issued a “neutral” rating and a $130.00 target price for the company. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $170.14.

PTC Trading Up 0.7%

Shares of PTC stock opened at $137.20 on Friday. PTC Inc. has a fifty-two week low of $108.50 and a fifty-two week high of $219.69. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.23 and a current ratio of 1.65. The company has a market capitalization of $15.85 billion, a P/E ratio of 13.27, a P/E/G ratio of 2.01 and a beta of 0.99. The company has a fifty day moving average of $125.88 and a 200 day moving average of $141.89.

PTC (NASDAQ:PTC) last posted its quarterly earnings results 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 return on equity of 25.31% and a net margin of 41.67%.The business had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same period last year, the firm earned $1.64 earnings per share. The business’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. On average, sell-side analysts anticipate that PTC Inc. will post 6.35 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Alice Christenson sold 816 shares of PTC stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $145.82, for a total transaction of $118,989.12. Following the sale, the chief accounting officer owned 1,265 shares of the company’s stock, valued at approximately $184,462.30. This trade represents a 39.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company’s stock.

Key Stories Impacting PTC

Here are the key news stories impacting PTC this week:

• Positive Sentiment: PTC raised its fiscal 2026 outlook, including expectations for approximately 9%–9.5% constant-currency annual recurring revenue growth. Management also increased its share-repurchase target to about $1.625 billion, supporting per-share earnings and shareholder returns. PTC forecasts ARR growth and raises buyback target
• Positive Sentiment: The company’s focus on cloud collaboration, governed product data and targeted artificial-intelligence applications is strengthening its long-term industrial software growth narrative. Investors appear encouraged that AI adoption could expand PTC’s addressable market and support higher-value subscriptions and services. PTC AI, cloud and product data trends
• Positive Sentiment: Analyst support remains mixed but generally constructive: BMO raised its target to $164 with an outperform rating, while Rosenblatt reaffirmed a buy rating and set a $190 target. These targets suggest potential upside if PTC delivers on its revised outlook. BMO raises PTC price target
• Neutral Sentiment: Fiscal Q3 adjusted earnings were approximately $1.58 per share, broadly in line with estimates, but revenue of about $600 million fell short of consensus near $612 million and declined year over year. The earnings details therefore provide limited evidence of near-term acceleration. PTC Q3 earnings and revenue report
• Negative Sentiment: Investors are focused on whether PTC can convert its improved annual recurring-revenue outlook into reported results, particularly in the fourth quarter. Margin pressure, slower revenue growth and a demanding year-end execution target could limit further gains if guidance is not met. PTC AI-led lifecycle strategy outlook
• Negative Sentiment: Piper Sandler lowered its price target from $175 to $157 and moved to a neutral rating, underscoring valuation and execution concerns despite the revised company guidance. Piper Sandler changes PTC rating

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.