IPG Photonics Corporation $IPGP Stock Holdings Trimmed by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 44.6% in the third quarter, HoldingsChannel reports. The fund owned 9,098 shares of the semiconductor company’s stock after selling 7,321 shares during the period. Thrivent Financial for Lutherans’ holdings in IPG Photonics were worth $720,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of IPGP. Lazard Asset Management LLC raised its stake in shares of IPG Photonics by 81.3% during the second quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock valued at $130,397,000 after purchasing an additional 851,869 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of IPG Photonics by 85.8% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock worth $121,830,000 after buying an additional 819,575 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of IPG Photonics by 53.7% in the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock valued at $67,101,000 after acquiring an additional 341,773 shares in the last quarter. M&G PLC increased its stake in shares of IPG Photonics by 263.9% during the second quarter. M&G PLC now owns 600,020 shares of the semiconductor company’s stock valued at $41,401,000 after acquiring an additional 435,122 shares during the period. Finally, Norges Bank acquired a new position in shares of IPG Photonics during the second quarter valued at approximately $16,671,000. 93.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

IPGP has been the subject of a number of research analyst reports. Roth Mkm upped their target price on IPG Photonics from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Raymond James Financial downgraded IPG Photonics from a “strong-buy” rating to an “outperform” rating and boosted their price objective for the stock from $97.00 to $180.00 in a research note on Friday. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and raised their target price for the company from $68.00 to $105.00 in a research note on Wednesday, November 5th. Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, December 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, IPG Photonics presently has an average rating of “Moderate Buy” and an average target price of $122.17.

IPG Photonics Stock Up 2.4%

IPGP opened at $153.91 on Tuesday. The firm has a market cap of $6.48 billion, a PE ratio of 207.99, a P/E/G ratio of 18.75 and a beta of 1.02. The business has a fifty day simple moving average of $87.85 and a 200-day simple moving average of $83.81. IPG Photonics Corporation has a fifty-two week low of $48.59 and a fifty-two week high of $155.82.

IPG Photonics (NASDAQ:IPGP) last announced its earnings results on Thursday, February 12th. The semiconductor company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.25 by $0.21. IPG Photonics had a return on equity of 2.89% and a net margin of 3.10%.The business had revenue of $274.47 million during the quarter, compared to the consensus estimate of $249.58 million. During the same period in the prior year, the business posted $0.18 earnings per share. IPG Photonics’s revenue was up 17.2% compared to the same quarter last year. IPG Photonics has set its Q1 2026 guidance at 0.100-0.400 EPS. On average, equities research analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Insider Activity

In other IPG Photonics news, major shareholder Fibre Devices Ltd Ip sold 13,381 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $81.52, for a total value of $1,090,819.12. Following the completion of the transaction, the insider directly owned 6,593,169 shares in the company, valued at $537,475,136.88. This trade represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Eric Meurice sold 750 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $95.00, for a total transaction of $71,250.00. Following the sale, the director owned 22,803 shares in the company, valued at $2,166,285. This represents a 3.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 336,232 shares of company stock valued at $25,923,400 over the last ninety days. Corporate insiders own 39.50% of the company’s stock.

IPG Photonics Profile

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.