Public Employees Retirement System of Ohio Has $4.29 Million Position in IPG Photonics Corporation $IPGP

Public Employees Retirement System of Ohio grew its stake in IPG Photonics Corporation (NASDAQ:IPGPFree Report) by 25.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,608 shares of the semiconductor company’s stock after buying an additional 7,321 shares during the period. Public Employees Retirement System of Ohio owned 0.09% of IPG Photonics worth $4,295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Legal & General Group Plc boosted its position in IPG Photonics by 8.5% during the fourth quarter. Legal & General Group Plc now owns 199,766 shares of the semiconductor company’s stock valued at $14,303,000 after acquiring an additional 15,670 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of IPG Photonics in the 4th quarter valued at about $6,376,000. First Eagle Investment Management LLC lifted its stake in shares of IPG Photonics by 0.3% in the 4th quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company’s stock valued at $321,277,000 after purchasing an additional 12,344 shares during the period. Renaissance Technologies LLC boosted its position in shares of IPG Photonics by 173.8% during the 1st quarter. Renaissance Technologies LLC now owns 85,700 shares of the semiconductor company’s stock valued at $9,820,000 after purchasing an additional 54,400 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of IPG Photonics by 445.9% during the 1st quarter. Sei Investments Co. now owns 192,688 shares of the semiconductor company’s stock valued at $22,080,000 after purchasing an additional 157,392 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on IPGP shares. Needham & Company LLC upped their price objective on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 17th. Citigroup dropped their price target on shares of IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Roth Capital reaffirmed a “buy” rating and set a $151.00 target price on shares of IPG Photonics in a research report on Tuesday, May 19th. Finally, Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $142.60.

Get Our Latest Research Report on IPG Photonics

Insider Transactions at IPG Photonics

In related news, Director Eugene A. Scherbakov sold 1,524 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $86.61, for a total value of $131,993.64. Following the sale, the director directly owned 48,210 shares in the company, valued at approximately $4,175,468.10. The trade was a 3.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00. Following the sale, the insider directly owned 6,463,302 shares in the company, valued at approximately $669,856,619.28. This trade represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 211,285 shares of company stock worth $20,320,899 over the last quarter. 37.50% of the stock is currently owned by corporate insiders.

IPG Photonics Trading Down 0.0%

IPGP stock opened at $76.46 on Friday. The stock’s fifty day simple moving average is $91.26 and its two-hundred day simple moving average is $108.80. IPG Photonics Corporation has a 1-year low of $69.41 and a 1-year high of $155.82. The stock has a market cap of $3.25 billion, a P/E ratio of 117.63, a P/E/G ratio of 2.03 and a beta of 0.98.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.37 by $0.21. The business had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, analysts forecast that IPG Photonics Corporation will post 1.82 earnings per share for the current fiscal year.

IPG Photonics Profile

(Free Report)

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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Institutional Ownership by Quarter for IPG Photonics (NASDAQ:IPGP)

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