Public Employees Retirement System of Ohio lifted its stake in IPG Photonics Corporation (NASDAQ:IPGP – Free Report) by 256.0% during the first quarter, HoldingsChannel.com reports. The firm owned 29,287 shares of the semiconductor company’s stock after purchasing an additional 21,061 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in IPG Photonics were worth $3,356,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its stake in IPG Photonics by 184.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 295 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of IPG Photonics by 43.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 166 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of IPG Photonics by 428.9% in the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 549 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 526 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 578 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on IPGP. Citigroup upped their price target on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Needham & Company LLC upped their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Finally, Stifel Nicolaus reduced their price target on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, IPG Photonics currently has an average rating of “Moderate Buy” and an average target price of $137.17.
IPG Photonics Trading Up 5.8%
IPGP opened at $84.90 on Friday. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 123.05, a PEG ratio of 2.33 and a beta of 0.94. The company’s 50 day moving average is $108.07 and its 200 day moving average is $111.45. IPG Photonics Corporation has a 12-month low of $71.35 and a 12-month high of $155.82.
IPG Photonics (NASDAQ:IPGP – Get Free Report) last announced its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The business had revenue of $265.50 million for the quarter, compared to analysts’ expectations of $256.99 million. During the same period in the prior year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. As a group, analysts predict that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.
Insider Transactions at IPG Photonics
In related news, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of IPG Photonics stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $102.31, for a total transaction of $5,761,689.96. Following the transaction, the insider directly owned 6,670,283 shares in the company, valued at approximately $682,436,653.73. The trade was a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $101.55, for a total value of $154,762.20. Following the completion of the sale, the director owned 49,734 shares of the company’s stock, valued at approximately $5,050,487.70. The trade was a 2.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 136,716 shares of company stock worth $14,277,206 over the last three months. 37.50% of the stock is currently owned by insiders.
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.
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