Hodges Capital Management Inc. Raises Stock Holdings in IPG Photonics Corporation $IPGP

Hodges Capital Management Inc. grew its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 197.3% in the first quarter, Holdings Channel reports. The fund owned 67,198 shares of the semiconductor company’s stock after buying an additional 44,598 shares during the quarter. Hodges Capital Management Inc.’s holdings in IPG Photonics were worth $7,700,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its position in IPG Photonics by 184.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 295 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in IPG Photonics by 43.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock valued at $40,000 after purchasing 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 4th 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. grew its stake in shares of IPG Photonics by 332.9% in the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after buying an additional 526 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after buying an additional 578 shares during the last quarter. 93.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on IPGP shares. Roth Mkm reaffirmed a “buy” rating and issued a $151.00 price target on shares of IPG Photonics in a report on Tuesday, May 19th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Citigroup upped their price objective on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC raised IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 price objective for the company in a research note on Wednesday, May 6th. Finally, Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Six equities 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $135.50.

Insiders Place Their Bets

In other news, Director Jeanmarie F. Desmond sold 1,690 shares of IPG Photonics stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $105.58, for a total transaction of $178,430.20. Following the completion of the sale, the director directly owned 10,486 shares in the company, valued at approximately $1,107,111.88. This trade represents a 13.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $669,856,619.28. This represents a 1.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 80,400 shares of company stock valued at $8,515,516. Insiders own 37.50% of the company’s stock.

IPG Photonics Stock Performance

Shares of NASDAQ:IPGP opened at $105.27 on Monday. IPG Photonics Corporation has a 12 month low of $71.01 and a 12 month high of $155.82. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 152.57, a PEG ratio of 3.06 and a beta of 0.94. The firm’s 50-day moving average is $112.43 and its 200 day moving average is $108.30.

IPG Photonics (NASDAQ:IPGP) last announced its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter last year, the firm earned $0.09 EPS. 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, equities analysts forecast that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.

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.