Allianz Asset Management GmbH Trims Stock Position in PTC Inc. $PTC

Allianz Asset Management GmbH decreased its position in PTC Inc. (NASDAQ:PTC) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,666 shares of the technology company’s stock after selling 4,903 shares during the period. Allianz Asset Management GmbH owned 0.08% of PTC worth $19,219,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Daiwa Securities Group Inc. boosted its stake in PTC by 13.4% during the second quarter. Daiwa Securities Group Inc. now owns 74,128 shares of the technology company’s stock worth $12,775,000 after buying an additional 8,786 shares during the period. J. Safra Sarasin Holding AG lifted its holdings in shares of PTC by 15.4% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 46,966 shares of the technology company’s stock worth $9,535,000 after acquiring an additional 6,281 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of PTC by 35.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 28,678 shares of the technology company’s stock worth $4,942,000 after purchasing an additional 7,546 shares during the period. Nordea Investment Management AB increased its holdings in PTC by 2,075.2% in the 3rd quarter. Nordea Investment Management AB now owns 213,911 shares of the technology company’s stock valued at $43,420,000 after purchasing an additional 204,077 shares during the last quarter. Finally, ARK Investment Management LLC raised its position in PTC by 18.5% in the second quarter. ARK Investment Management LLC now owns 19,024 shares of the technology company’s stock valued at $3,279,000 after purchasing an additional 2,965 shares during the period. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Insider Activity

In related news, EVP Staats Aaron C. Von sold 6,328 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $174.79, for a total value of $1,106,071.12. Following the completion of the transaction, the executive vice president directly owned 22,461 shares of the company’s stock, valued at $3,925,958.19. This represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kristian Talvitie sold 50,291 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the completion of the transaction, the executive vice president owned 12,386 shares in the company, valued at $2,144,512.04. This represents a 80.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 61,277 shares of company stock valued at $10,624,076. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on PTC. Piper Sandler lowered their price target on PTC from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, November 7th. Citigroup lowered their target price on PTC from $181.00 to $166.00 and set a “neutral” rating for the company in a report on Friday. KeyCorp set a $210.00 target price on PTC in a research report on Thursday. Oppenheimer reduced their price target on shares of PTC from $240.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada dropped their price objective on shares of PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a report on Thursday. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, PTC has a consensus rating of “Moderate Buy” and a consensus target price of $188.08.

PTC Trading Up 1.2%

Shares of NASDAQ:PTC opened at $155.72 on Friday. PTC Inc. has a 52 week low of $133.38 and a 52 week high of $219.69. The company’s 50 day moving average is $169.69 and its two-hundred day moving average is $189.56. The company has a market cap of $18.52 billion, a PE ratio of 22.73, a P/E/G ratio of 2.57 and a beta of 1.03. The company has a current ratio of 1.63, a quick ratio of 1.43 and a debt-to-equity ratio of 0.31.

PTC (NASDAQ:PTC) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.33. The business had revenue of $685.83 million during the quarter, compared to analysts’ expectations of $635.44 million. PTC had a net margin of 28.86% and a return on equity of 24.63%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 EPS. PTC has set its Q2 2026 guidance at 1.930-2.540 EPS. Equities analysts predict that PTC Inc. will post 4.46 earnings per share for the current fiscal year.

PTC News Roundup

Here are the key news stories impacting PTC this week:

• Positive Sentiment: Q1 beat and strong growth — PTC reported $1.92 EPS vs. $1.59 consensus and revenue of ~$685.8M (up ~21% YoY), driven by large deal momentum and IPL strategy traction. PTC Q1 Earnings & Revenues Top
• Positive Sentiment: Upbeat guidance — management gave Q2 EPS guidance of $1.93–$2.54 and revenue guidance of $710M–$770M, above consensus, supporting near‑term revenue and earnings growth expectations. PTC Announces First Fiscal Quarter 2026 Results
• Positive Sentiment: Large buyback and cash focus — PTC outlined a $1.1B–$1.3B share repurchase program and emphasized cash generation, which is supportive for EPS and shareholder returns. PTC outlines $1.1B–$1.3B share repurchases
• Neutral Sentiment: Earnings call color — management highlighted AI initiatives, cash and buybacks as growth drivers; readouts/transcripts provide additional detail but contain no new financials beyond the release. PTC Inc. Earnings Call: Cash, AI and Buybacks Drive Outlook
• Neutral Sentiment: Transcripts and highlights available for drill‑down — investors can review the full Q1 call and transcripts for guidance detail and management commentary. PTC Q1 Earnings Call Highlights Earnings Call Transcript
• Negative Sentiment: Analysts trimmed price targets — several firms (Citigroup, RBC, Rosenblatt, BMO) lowered targets, signaling more cautious near‑term sentiment despite maintained ratings; this likely capped upside and contributed to mixed trading. Benzinga (price target moves) The Fly (RBC target cut)
• Negative Sentiment: Mixed market reaction — some outlets noted shares fell in early trading despite the beat, suggesting that positioning, target cuts and investor expectations on growth/ARR cadence drove volatility. Investing.com (shares fall)

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.