Allianz Asset Management GmbH Reduces Holdings in PTC Inc. $PTC

Allianz Asset Management GmbH lowered its position in shares of PTC Inc. (NASDAQ:PTC) by 4.9% during the third quarter, Holdings Channel reports. The firm owned 94,666 shares of the technology company’s stock after selling 4,903 shares during the quarter. Allianz Asset Management GmbH’s holdings in PTC were worth $19,219,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Campbell Newman Asset Management Inc. lifted its stake in PTC by 0.4% in the third quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company’s stock valued at $2,466,000 after buying an additional 49 shares during the last quarter. Diversified Trust Co increased its holdings in shares of PTC by 2.5% in the 3rd quarter. Diversified Trust Co now owns 2,209 shares of the technology company’s stock valued at $448,000 after acquiring an additional 53 shares during the period. Versant Capital Management Inc raised its position in PTC by 37.6% in the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company’s stock valued at $39,000 after purchasing an additional 53 shares during the last quarter. Archford Capital Strategies LLC boosted its stake in PTC by 1.4% during the 3rd quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company’s stock worth $953,000 after purchasing an additional 63 shares during the period. Finally, Bellecapital International Ltd. grew its position in PTC by 4.3% during the 2nd quarter. Bellecapital International Ltd. now owns 1,604 shares of the technology company’s stock worth $276,000 after purchasing an additional 66 shares during the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about PTC

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 Stock Up 1.2%

PTC opened at $155.72 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.63 and a quick ratio of 1.43. The business has a 50 day simple moving average of $169.69 and a 200-day simple moving average of $189.56. The stock has a market capitalization of $18.52 billion, a P/E ratio of 22.73, a P/E/G ratio of 2.57 and a beta of 1.03. PTC Inc. has a 12 month low of $133.38 and a 12 month high of $219.69.

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Oppenheimer reduced their target price on shares of PTC from $240.00 to $200.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Royal Bank Of Canada reduced their price objective on PTC from $235.00 to $195.00 and set an “outperform” rating for the company in a research note on Thursday. Wall Street Zen cut PTC from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus set a $180.00 target price on PTC in a report on Thursday. Finally, KeyCorp set a $210.00 price target on PTC in a report on Thursday. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $188.08.

Insider Transactions at PTC

In related news, EVP Staats Aaron C. Von sold 6,328 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $174.79, for a total value of $1,106,071.12. Following the completion of the sale, the executive vice president owned 22,461 shares in the company, valued at $3,925,958.19. This trade represents a 21.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kristian Talvitie sold 50,291 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $173.14, for a total transaction of $8,707,383.74. Following the sale, the executive vice president directly owned 12,386 shares in the company, valued at approximately $2,144,512.04. This represents a 80.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 61,277 shares of company stock valued at $10,624,076 in the last quarter. Insiders own 0.29% of the company’s stock.

About PTC

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.