7,300 Shares in IPG Photonics Corporation $IPGP Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGPFree Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,300 shares of the semiconductor company’s stock, valued at approximately $837,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC increased its position in IPG Photonics by 0.3% in the fourth quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company’s stock worth $321,277,000 after buying an additional 12,344 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of IPG Photonics by 3.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,815,042 shares of the semiconductor company’s stock valued at $129,960,000 after acquiring an additional 59,178 shares during the period. AQR Capital Management LLC grew its position in shares of IPG Photonics by 53.7% during the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock worth $67,101,000 after acquiring an additional 341,773 shares during the last quarter. State Street Corp grew its position in shares of IPG Photonics by 1.7% during the fourth quarter. State Street Corp now owns 805,435 shares of the semiconductor company’s stock worth $57,669,000 after acquiring an additional 13,092 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of IPG Photonics by 14.5% in the 4th quarter. Morgan Stanley now owns 745,246 shares of the semiconductor company’s stock worth $53,360,000 after acquiring an additional 94,153 shares during the period. 93.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Tang Agnes sold 1,511 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $117.85, for a total value of $178,071.35. Following the completion of the transaction, the director directly owned 9,588 shares in the company, valued at $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 SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Timothy Pv Mammen sold 9,975 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $119.81, for a total transaction of $1,195,104.75. Following the completion of the transaction, the chief financial officer owned 76,438 shares of the company’s stock, valued at $9,158,036.78. This trade represents a 11.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 80,400 shares of company stock worth $8,515,516. Company insiders own 37.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on IPGP shares. Needham & Company LLC upgraded shares of IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 price objective on the stock in a research report on Wednesday, May 6th. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Citigroup lifted their price target on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Stifel Nicolaus cut their price target on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen downgraded IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, IPG Photonics presently has an average rating of “Moderate Buy” and an average target price of $135.50.

Get Our Latest Analysis on IPGP

IPG Photonics Stock Performance

Shares of IPGP opened at $105.27 on Monday. IPG Photonics Corporation has a one year low of $71.01 and a one year high of $155.82. The stock’s fifty day moving average is $112.43 and its 200-day moving average is $108.30. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 152.57, a price-to-earnings-growth ratio of 3.06 and a beta of 0.94.

IPG Photonics (NASDAQ:IPGPGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.03). The company had revenue of $265.50 million during the quarter, compared to analyst estimates of $256.99 million. IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 EPS. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. Analysts forecast that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.

IPG Photonics Company 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.

Further Reading

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

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