Moody National Bank Trust Division Makes New $593,000 Investment in Photronics, Inc. $PLAB

Moody National Bank Trust Division acquired a new stake in shares of Photronics, Inc. (NASDAQ:PLAB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,228 shares of the semiconductor company’s stock, valued at approximately $593,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Photronics by 30.1% in the first quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 50,707 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Photronics by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock worth $761,000 after acquiring an additional 1,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Photronics by 14.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock worth $2,009,000 after acquiring an additional 12,159 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of Photronics by 6.0% in the 1st quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock worth $1,296,000 after purchasing an additional 3,526 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Photronics by 21.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 273,646 shares of the semiconductor company’s stock worth $5,153,000 after purchasing an additional 48,342 shares during the period. 88.38% of the stock is currently owned by institutional investors and hedge funds.

Photronics Price Performance

NASDAQ:PLAB opened at $31.90 on Friday. The business’s 50-day moving average is $30.64 and its two-hundred day moving average is $37.78. The firm has a market capitalization of $1.88 billion, a PE ratio of 11.64 and a beta of 1.38. Photronics, Inc. has a 12 month low of $19.50 and a 12 month high of $56.00.

Photronics (NASDAQ:PLAB) last issued its earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.11). Photronics had a return on equity of 7.69% and a net margin of 18.47%.The company had revenue of $209.94 million during the quarter, compared to analysts’ expectations of $216.47 million. During the same period in the previous year, the company earned $0.40 EPS. Photronics’s quarterly revenue was down .5% on a year-over-year basis. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Photronics News Roundup

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Several firms, including Rosen, Faruqi & Faruqi, Kaplan Fox, and Schall, reminded investors of the September 4, 2026 deadline to seek appointment as lead plaintiff. These announcements largely repeat existing litigation notices rather than represent separate new lawsuits. Rosen class action deadline notice
• Negative Sentiment: The filed lawsuit alleges that Photronics and certain executives misled investors about the demand and outlook for its high-end IC photomask business, including alleged design-release pipeline and supply-chain bottlenecks. The claims have not been proven in court. Hagens Berman Photronics investor alert
• Negative Sentiment: Law-firm notices reference an earlier sharp selloff after Photronics reportedly indicated that an anticipated post-holiday recovery had stalled, raising concerns about customer demand, revenue visibility, and the sustainability of prior growth expectations. Levi & Korsinsky Photronics notice
• Negative Sentiment: The litigation adds legal, reputational, and potential financial risks while keeping investor attention focused on Photronics’ operational execution and disclosure practices. The company’s latest reported quarter also missed analyst expectations for earnings and revenue, reinforcing the negative sentiment surrounding the stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on PLAB shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a report on Friday, July 24th. Lake Street Capital restated a “buy” rating and issued a $55.00 price target on shares of Photronics in a report on Friday, May 1st. Freedom Capital upgraded shares of Photronics to a “strong-buy” rating in a report on Thursday, July 2nd. Craig Hallum reaffirmed a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Finally, Wall Street Zen downgraded shares of Photronics from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $49.33.

Photronics Company Profile

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.