10,502 Shares in IPG Photonics Corporation $IPGP Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in IPG Photonics Corporation (NASDAQ:IPGPFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 10,502 shares of the semiconductor company’s stock, valued at approximately $1,222,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Oregon Public Employees Retirement Fund boosted its holdings 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 acquiring an additional 100 shares during the last quarter. State of Michigan Retirement System raised its holdings in shares of 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 valued at $699,000 after purchasing an additional 100 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of IPG Photonics by 6.1% during the fourth quarter. Deutsche Bank AG now owns 2,214 shares of the semiconductor company’s stock valued at $159,000 after purchasing an additional 128 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in IPG Photonics by 17.0% during the first quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 133 shares during the period. Finally, Comerica Bank lifted its position in IPG Photonics by 0.9% during the fourth quarter. Comerica Bank now owns 15,105 shares of the semiconductor company’s stock valued at $1,082,000 after purchasing an additional 135 shares during the period. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Price Performance

Shares of NASDAQ:IPGP opened at $76.08 on Tuesday. The company has a market capitalization of $3.24 billion, a P/E ratio of 117.05, a P/E/G ratio of 2.03 and a beta of 0.96. IPG Photonics Corporation has a 1-year low of $69.41 and a 1-year high of $155.82. The firm’s 50 day simple moving average is $93.21 and its two-hundred day simple moving average is $110.12.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced its quarterly earnings data 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 net margin of 2.58% and a return on equity of 3.39%. The firm had revenue of $278.58 million for the quarter, compared to the consensus estimate of $279.98 million. During the same period last year, the firm earned $0.16 EPS. The company’s revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, sell-side analysts anticipate that IPG Photonics Corporation will post 1.82 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the company’s stock in a transaction dated Tuesday, July 21st. The stock was sold at an average price of $102.31, for a total value of $5,761,689.96. Following the completion of the transaction, the insider owned 6,670,283 shares of the company’s stock, valued at $682,436,653.73. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Peeler bought 2,710 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were acquired at an average price of $73.58 per share, with a total value of $199,401.80. Following the transaction, the director directly owned 20,886 shares of the company’s stock, valued at $1,536,791.88. This represents a 14.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 183,888 shares of company stock worth $18,254,751 in the last three months. 37.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on IPGP. Needham & Company LLC raised their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup dropped their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Roth Capital reaffirmed a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a report on Tuesday, May 19th. Finally, Stifel Nicolaus reduced their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $142.60.

Check Out Our Latest Analysis on IPG Photonics

About IPG Photonics

(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.

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

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