Allianz Asset Management GmbH Grows Stake in IPG Photonics Corporation $IPGP

Allianz Asset Management GmbH increased its stake in IPG Photonics Corporation (NASDAQ:IPGPFree Report) by 47.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,852 shares of the semiconductor company’s stock after acquiring an additional 44,203 shares during the period. Allianz Asset Management GmbH owned approximately 0.32% of IPG Photonics worth $9,464,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IPGP. American Century Companies Inc. lifted its stake in IPG Photonics by 126.6% in the first quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company’s stock worth $13,429,000 after purchasing an additional 118,827 shares during the last quarter. Deutsche Bank AG lifted its stake in IPG Photonics by 699.2% in the first quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company’s stock worth $3,660,000 after purchasing an additional 50,711 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in IPG Photonics by 194.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,568 shares of the semiconductor company’s stock worth $794,000 after purchasing an additional 8,294 shares during the last quarter. Raymond James Financial Inc. lifted its stake in IPG Photonics by 6.6% in the first quarter. Raymond James Financial Inc. now owns 129,169 shares of the semiconductor company’s stock worth $8,156,000 after purchasing an additional 7,954 shares during the last quarter. Finally, Jump Financial LLC lifted its stake in IPG Photonics by 62.6% in the first quarter. Jump Financial LLC now owns 58,612 shares of the semiconductor company’s stock worth $3,701,000 after purchasing an additional 22,573 shares during the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of IPG Photonics in a research note on Wednesday, October 8th. Sanford C. Bernstein raised shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a research note on Thursday, August 7th. Wall Street Zen raised shares of IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Roth Capital set a $96.00 price target on shares of IPG Photonics and gave the company a “buy” rating in a research note on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $78.50.

Check Out Our Latest Analysis on IPG Photonics

IPG Photonics Stock Up 1.0%

Shares of NASDAQ:IPGP opened at $88.06 on Wednesday. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of -17.97, a price-to-earnings-growth ratio of 24.18 and a beta of 0.98. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $90.29. The firm has a 50 day moving average of $82.10 and a 200 day moving average of $71.90.

IPG Photonics (NASDAQ:IPGPGet Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.20. The company had revenue of $250.72 million during the quarter, compared to the consensus estimate of $228.20 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. IPG Photonics’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, sell-side analysts expect that IPG Photonics Corporation will post 1.54 EPS for the current year.

Insider Buying and Selling at IPG Photonics

In other IPG Photonics news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $82.10, for a total value of $2,873,500.00. Following the transaction, the insider directly owned 6,849,837 shares of the company’s stock, valued at approximately $562,371,617.70. The trade was a 0.51% 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 the SEC website. Also, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics stock in a transaction on Monday, September 15th. The stock was sold at an average price of $80.71, for a total transaction of $4,222,747.20. Following the completion of the transaction, the insider directly owned 7,073,279 shares in the company, valued at $570,884,348.09. This represents a 0.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 274,630 shares of company stock worth $22,881,519 over the last ninety days. Corporate insiders own 39.50% of the company’s stock.

IPG Photonics Company Profile

(Free Report)

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.

Further Reading

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

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