First Eagle Investment Management LLC Cuts Stock Holdings in IPG Photonics Corporation $IPGP

First Eagle Investment Management LLC reduced its stake in IPG Photonics Corporation (NASDAQ:IPGP) by 0.9% during the 2nd quarter, Holdings Channel reports. The fund owned 4,467,111 shares of the semiconductor company’s stock after selling 41,121 shares during the quarter. First Eagle Investment Management LLC owned approximately 0.11% of IPG Photonics worth $306,667,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IPGP. Sumitomo Mitsui Trust Group Inc. grew its stake in IPG Photonics by 85.8% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock worth $121,830,000 after purchasing an additional 819,575 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of IPG Photonics by 1,918.3% in the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock valued at $90,242,000 after buying an additional 1,358,428 shares during the period. AQR Capital Management LLC grew its position in shares of IPG Photonics by 188.6% during the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock worth $40,208,000 after buying an additional 416,186 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of IPG Photonics by 2.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock worth $23,842,000 after buying an additional 7,978 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of IPG Photonics by 126.6% during the first quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company’s stock worth $13,429,000 after buying an additional 118,827 shares during the period. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at IPG Photonics

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 17,707 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $85.09, for a total value of $1,506,688.63. Following the completion of the sale, the insider owned 6,992,599 shares in the company, valued at approximately $595,000,248.91. The trade was a 0.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Fibre Devices Ltd Ip sold 23,966 shares of the stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $87.92, for a total value of $2,107,090.72. Following the completion of the sale, the insider directly owned 6,785,670 shares of the company’s stock, valued at $596,596,106.40. The trade was a 0.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 273,270 shares of company stock worth $22,777,832. Insiders own 39.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on IPGP shares. Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Stifel Nicolaus set a $92.00 price objective on shares of IPG Photonics in a report on Tuesday. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and boosted their target price for the stock from $68.00 to $105.00 in a research note on Wednesday. Weiss Ratings restated a “sell (d)” rating on shares of IPG Photonics in a research note on Wednesday, October 8th. Finally, Roth Capital set a $96.00 price target on IPG Photonics and gave the stock a “buy” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned 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 a consensus rating of “Moderate Buy” and a consensus target price of $89.33.

IPG Photonics Price Performance

NASDAQ IPGP opened at $89.75 on Friday. The firm’s fifty day moving average price is $83.56 and its 200 day moving average price is $74.66. IPG Photonics Corporation has a 12 month low of $48.59 and a 12 month high of $92.21. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of -18.32, a price-to-earnings-growth ratio of 23.95 and a beta of 1.04.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.19. The firm had revenue of $250.79 million during the quarter, compared to analysts’ expectations of $240.18 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. As a group, sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

IPG Photonics Profile

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.