The Manufacturers Life Insurance Company Acquires New Stake in IPG Photonics Corporation $IPGP

The Manufacturers Life Insurance Company acquired a new stake in IPG Photonics Corporation (NASDAQ:IPGP) during the second quarter, Holdings Channel reports. The fund acquired 18,066 shares of the semiconductor company’s stock, valued at approximately $2,120,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its holdings in shares of 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 worth $33,000 after buying an additional 295 shares in the last quarter. Rockefeller Capital Management L.P. lifted 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 buying an additional 166 shares in the last quarter. Global Retirement Partners LLC lifted 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 buying an additional 549 shares in the last quarter. Hantz Financial Services Inc. boosted its position in IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 526 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in IPG Photonics during the second quarter worth about $87,000. Institutional investors and hedge funds own 93.79% of the company’s stock.

IPG Photonics Trading Up 1.7%

Shares of IPGP opened at $76.48 on Thursday. IPG Photonics Corporation has a 12-month low of $69.41 and a 12-month high of $155.82. The firm has a 50-day moving average price of $91.94 and a 200 day moving average price of $109.35. The firm has a market capitalization of $3.25 billion, a P/E ratio of 117.66, a P/E/G ratio of 1.99 and a beta of 0.98.

IPG Photonics (NASDAQ:IPGP) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.21. The company had revenue of $278.58 million for the quarter, compared to the consensus estimate of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. IPG Photonics’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Equities research analysts predict that IPG Photonics Corporation will post 1.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on IPGP shares. Roth Capital reiterated a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a report on Tuesday, May 19th. Needham & Company LLC boosted their target price on IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Citigroup dropped their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Stifel Nicolaus reduced their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Five investment 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’s stock. According to MarketBeat, IPG Photonics presently has an average rating of “Moderate Buy” and an average price target of $142.60.

Insider Buying and Selling at IPG Photonics

In related news, Director Eugene A. Scherbakov sold 1,524 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $86.61, for a total value of $131,993.64. Following the transaction, the director directly owned 48,210 shares in the company, valued at approximately $4,175,468.10. This represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Tang Agnes sold 1,511 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $117.85, for a total value of $178,071.35. Following the sale, the director directly 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 183,888 shares of company stock worth $18,254,751. Insiders own 37.50% of the company’s stock.

About IPG Photonics

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.