Shares of IPG Photonics Corporation (NASDAQ:IPGP – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $70.60 and last traded at $70.3450, with a volume of 18763 shares trading hands. The stock had previously closed at $73.26.
Analyst Ratings Changes
IPGP has been the subject of several analyst reports. Citigroup cut their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Roth Capital restated a “buy” rating and set a $151.00 price objective on shares of IPG Photonics in a research report on Tuesday, May 19th. Finally, Stifel Nicolaus reduced their target price on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $142.60.
Check Out Our Latest Analysis on IPGP
IPG Photonics Trading Down 4.7%
IPG Photonics (NASDAQ:IPGP – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The business had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. During the same period last year, the firm earned $0.16 EPS. The company’s quarterly revenue 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, equities research analysts forecast that IPG Photonics Corporation will post 1.78 earnings per share for the current year.
Insider Activity at IPG Photonics
In other news, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the transaction, the insider directly owned 6,405,989 shares of the company’s stock, valued at $615,743,662.68. This represents a 0.28% decrease in their position. The transaction 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, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $102.31, for a total transaction of $5,761,689.96. Following the transaction, the insider directly owned 6,670,283 shares in the company, valued at approximately $682,436,653.73. This trade represents a 0.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 183,888 shares of company stock valued at $18,254,751 over the last 90 days. Company insiders own 37.50% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund grew its position in shares of IPG Photonics by 2.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock valued at $589,000 after buying an additional 100 shares during the last quarter. State of Michigan Retirement System raised its stake in IPG Photonics by 1.7% during the first quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company’s stock worth $699,000 after acquiring an additional 100 shares during the period. Deutsche Bank AG lifted its holdings in IPG Photonics by 6.1% in the fourth quarter. Deutsche Bank AG now owns 2,214 shares of the semiconductor company’s stock worth $159,000 after acquiring an additional 128 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in IPG Photonics by 17.0% in the first quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company’s stock worth $105,000 after acquiring an additional 133 shares during the last quarter. Finally, Comerica Bank boosted its stake in IPG Photonics by 0.9% in the fourth quarter. Comerica Bank now owns 15,105 shares of the semiconductor company’s stock valued at $1,082,000 after acquiring an additional 135 shares during the period. 93.79% of the stock is owned by hedge funds and other institutional investors.
IPG Photonics Company 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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