Franklin Resources Inc. Sells 127,610 Shares of PTC Inc. $PTC

Key Points

• Franklin Resources trimmed its stake in PTC by 12.4%, selling 127,610 shares in Q3 and now owns 899,573 shares (about 0.75% of the company) valued at roughly $182.63 million.
• PTC beat quarterly expectations with $1.92 EPS vs. $1.59 est. and revenue of $685.8M vs. $635.4M (up 21.4% YoY), and provided Q2 2026 EPS guidance of $1.93–$2.54.
• Analysts have cut some ratings and price targets (JPMorgan downgraded to underweight), but the consensus is a Moderate Buy with an average target of $188.08; the stock trades near $157.46 (market cap ~$18.74B, P/E 22.99).

Franklin Resources Inc. trimmed its holdings in shares of PTC Inc. (NASDAQ:PTC - Free Report) by 12.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 899,573 shares of the technology company's stock after selling 127,610 shares during the quarter. Franklin Resources Inc. owned 0.75% of PTC worth $182,631,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Campbell Newman Asset Management Inc. grew its stake in PTC by 0.4% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,147 shares of the technology company's stock valued at $2,466,000 after purchasing an additional 49 shares during the period. Diversified Trust Co raised its stake in shares of PTC by 2.5% during the 3rd quarter. Diversified Trust Co now owns 2,209 shares of the technology company's stock worth $448,000 after purchasing an additional 53 shares during the period. Versant Capital Management Inc raised its stake in shares of PTC by 37.6% during the 3rd quarter. Versant Capital Management Inc now owns 194 shares of the technology company's stock worth $39,000 after purchasing an additional 53 shares during the period. Archford Capital Strategies LLC boosted its holdings in shares of PTC by 1.4% in the 3rd quarter. Archford Capital Strategies LLC now owns 4,695 shares of the technology company's stock worth $953,000 after buying an additional 63 shares during the last quarter. Finally, Aviso Financial Inc. grew its position in PTC by 4.1% during the second quarter. Aviso Financial Inc. now owns 1,691 shares of the technology company's stock valued at $291,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 95.14% of the company's stock.

PTC Price Performance

PTC opened at $157.46 on Friday. The company has a market capitalization of $18.74 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 2.60 and a beta of 1.03. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.31. The firm has a 50-day moving average price of $160.95 and a 200-day moving average price of $181.16. PTC Inc. has a twelve month low of $133.38 and a twelve month high of $219.69.

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

Analyst Upgrades and Downgrades

PTC has been the subject of a number of research analyst reports. JPMorgan Chase & Co. downgraded shares of PTC from a "neutral" rating to an "underweight" rating and decreased their price objective for the stock from $205.00 to $162.00 in a report on Monday, February 2nd. Weiss Ratings downgraded shares of PTC from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, January 12th. Wall Street Zen cut shares of PTC from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 7th. Oppenheimer dropped their price objective on PTC from $240.00 to $200.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 28th. Finally, Citigroup reduced their price objective on PTC from $181.00 to $166.00 and set a "neutral" rating for the company in a report on Friday, February 6th. Eleven equities 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. According to MarketBeat, PTC presently has a consensus rating of "Moderate Buy" and an average target price of $188.08.

Insider Activity at PTC

In other news, EVP Staats Aaron C. Von sold 240 shares of PTC stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $161.10, for a total value of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares in the company, valued at approximately $3,579,803.10. The trade was a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.29% of the stock is owned by insiders.

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.

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