PTC Inc. $PTC Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its position in PTC by 2.9%, selling 23,476 shares and retaining 792,909 shares valued at about $138.13 million.
• Several large institutions aggressively increased exposure—Voloridge +856.8%, Tudor +7,570.5%, Robeco +96%—and institutional investors now own 95.14% of PTC.
• PTC beat Q4 estimates (EPS $1.92 vs. $1.59; revenue $685.8M vs. $635.4M), gave Q2 2026 EPS guidance of $1.93–$2.54, and despite some price-target cuts analysts maintain a consensus “Moderate Buy” with an average target of $182.08.

Sumitomo Mitsui Trust Group Inc. lowered its holdings in PTC Inc. (NASDAQ:PTC - Free Report) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 792,909 shares of the technology company's stock after selling 23,476 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.67% of PTC worth $138,133,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in PTC. Voloridge Investment Management LLC increased its position in shares of PTC by 856.8% in the third quarter. Voloridge Investment Management LLC now owns 465,814 shares of the technology company's stock worth $94,570,000 after acquiring an additional 417,130 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of PTC by 96.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 709,352 shares of the technology company's stock worth $123,576,000 after acquiring an additional 347,414 shares in the last quarter. Tudor Investment Corp ET AL increased its position in shares of PTC by 7,570.5% in the third quarter. Tudor Investment Corp ET AL now owns 316,793 shares of the technology company's stock worth $64,315,000 after acquiring an additional 312,663 shares in the last quarter. State Street Corp increased its position in shares of PTC by 4.1% in the third quarter. State Street Corp now owns 5,593,645 shares of the technology company's stock worth $1,135,622,000 after acquiring an additional 221,349 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in PTC by 2,075.2% during 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 in the last quarter. Institutional investors and hedge funds own 95.14% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on PTC shares. BMO Capital Markets dropped their price target on shares of PTC from $219.00 to $189.00 and set an "outperform" rating on the stock in a research note on Thursday, February 5th. Rosenblatt Securities dropped their price target on shares of PTC from $200.00 to $190.00 and set a "buy" rating on the stock in a research note on Wednesday, March 18th. Wall Street Zen downgraded shares of PTC from a "buy" rating to a "hold" rating in a research note on Saturday, March 21st. Barclays started coverage on shares of PTC in a research note on Tuesday, March 17th. They set an "overweight" rating and a $180.00 price target on the stock. Finally, Weiss Ratings downgraded shares of PTC from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $182.08.

PTC Price Performance

Shares of PTC stock opened at $134.21 on Tuesday. The firm has a market cap of $15.97 billion, a P/E ratio of 19.59, a P/E/G ratio of 2.29 and a beta of 1.06. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 1.22. PTC Inc. has a 1-year low of $130.89 and a 1-year high of $219.69. The firm has a fifty day moving average of $151.54 and a two-hundred day moving average of $170.83.

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

Insider Buying and Selling at PTC

In other PTC news, EVP Staats Aaron C. Von sold 240 shares of the firm's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $161.10, for a total transaction of $38,664.00. Following the completion of the transaction, the executive vice president directly owned 22,221 shares of the company's stock, valued at $3,579,803.10. This trade represents a 1.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Corinna Lathan sold 675 shares of the firm's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $157.24, for a total transaction of $106,137.00. Following the transaction, the director directly owned 8,429 shares of the company's stock, valued at approximately $1,325,375.96. This represents a 7.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by company 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.

Want to see what other hedge funds are holding PTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PTC Inc. (NASDAQ:PTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.