Jupiter Topco LLC bought a new stake in IPG Photonics Corporation (NASDAQ:IPGP – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 12,206 shares of the semiconductor company’s stock, valued at approximately $1,432,000.
A number of other institutional investors also recently bought and sold shares of IPGP. Legal & General Group Plc grew its stake in shares of IPG Photonics by 8.5% in the 4th quarter. Legal & General Group Plc now owns 199,766 shares of the semiconductor company’s stock worth $14,303,000 after buying an additional 15,670 shares during the last quarter. Intech Investment Management LLC purchased a new stake in shares of IPG Photonics during the 4th quarter worth approximately $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 last quarter. Renaissance Technologies LLC grew its stake in shares of IPG Photonics by 173.8% during the first quarter. Renaissance Technologies LLC now owns 85,700 shares of the semiconductor company’s stock valued at $9,820,000 after buying an additional 54,400 shares during the last quarter. Finally, Sei Investments Co. grew its stake in IPG Photonics by 445.9% in the first quarter. Sei Investments Co. now owns 192,688 shares of the semiconductor company’s stock worth $22,080,000 after purchasing an additional 157,392 shares in the last quarter. 93.79% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have issued reports on the company. Wall Street Zen lowered IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Citigroup lowered their price objective 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. Roth Capital reissued a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research report on Tuesday, May 19th. Finally, Needham & Company LLC upped their price objective on IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $142.60.
IPG Photonics Price Performance
Shares of NASDAQ IPGP opened at $78.00 on Friday. The company has a 50-day simple moving average of $90.68 and a 200-day simple moving average of $108.59. IPG Photonics Corporation has a 12 month low of $69.41 and a 12 month high of $155.82. The company has a market cap of $3.32 billion, a PE ratio of 120.00, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98.
IPG Photonics (NASDAQ:IPGP – Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $279.98 million. During the same quarter last year, the firm earned $0.16 earnings per share. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, analysts anticipate that IPG Photonics Corporation will post 1.82 EPS for the current year.
Insider Transactions at IPG Photonics
In related news, Director Eugene Scherbakov sold 1,524 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $86.61, for a total transaction of $131,993.64. Following the transaction, the director directly owned 48,210 shares in the company, valued at $4,175,468.10. This trade represents a 3.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Peeler bought 2,710 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was bought at an average cost of $73.58 per share, for a total transaction of $199,401.80. Following the completion of the transaction, the director directly owned 20,886 shares of the company’s stock, valued at $1,536,791.88. This trade represents a 14.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 211,285 shares of company stock worth $20,320,899 in the last quarter. Insiders own 37.50% 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.
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