Royal Bank of Canada Acquires 20,703 Shares of IPG Photonics Corporation $IPGP

Royal Bank of Canada raised its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 115.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,662 shares of the semiconductor company’s stock after purchasing an additional 20,703 shares during the quarter. Royal Bank of Canada owned approximately 0.09% of IPG Photonics worth $4,430,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Castleark Management LLC boosted its holdings in shares of IPG Photonics by 56.3% during the 1st quarter. Castleark Management LLC now owns 60,456 shares of the semiconductor company’s stock worth $6,928,000 after buying an additional 21,766 shares during the period. Rice Hall James & Associates LLC raised its holdings in IPG Photonics by 10.0% in the 1st quarter. Rice Hall James & Associates LLC now owns 32,356 shares of the semiconductor company’s stock valued at $3,708,000 after acquiring an additional 2,932 shares during the period. Renaissance Technologies LLC lifted its position in IPG Photonics by 173.8% during the first quarter. Renaissance Technologies LLC now owns 85,700 shares of the semiconductor company’s stock worth $9,820,000 after acquiring an additional 54,400 shares during the last quarter. Hilltop Holdings Inc. bought a new stake in shares of IPG Photonics during the first quarter worth approximately $347,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of IPG Photonics by 256.0% during the first quarter. Public Employees Retirement System of Ohio now owns 29,287 shares of the semiconductor company’s stock worth $3,356,000 after acquiring an additional 21,061 shares during the period. 93.79% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Tang Agnes sold 1,511 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $117.85, for a total transaction of $178,071.35. Following the completion of the transaction, the director owned 9,588 shares of the company’s stock, valued at approximately $1,129,945.80. This trade represents a 13.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of IPG Photonics stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the transaction, the insider owned 6,405,989 shares in the company, valued at approximately $615,743,662.68. This trade represents a 0.28% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 193,863 shares of company stock worth $19,449,856. Company insiders own 37.50% of the company’s stock.

IPG Photonics Stock Down 3.9%

Shares of IPG Photonics stock opened at $83.94 on Friday. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 129.14, a PEG ratio of 2.36 and a beta of 0.96. IPG Photonics Corporation has a 12-month low of $71.38 and a 12-month high of $155.82. The firm’s 50-day moving average price is $101.85 and its two-hundred day moving average price is $111.91.

IPG Photonics (NASDAQ:IPGP) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The firm had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. During the same period in the prior year, the company earned $0.16 earnings per share. The company’s quarterly revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, sell-side analysts expect that IPG Photonics Corporation will post 1.78 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Wall Street Zen downgraded IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Stifel Nicolaus decreased their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Zacks Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Roth Capital reissued a “buy” rating and set a $151.00 target price on shares of IPG Photonics in a report on Tuesday, May 19th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $142.60.

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.