M&G PLC Grows Stock Position in IPG Photonics Corporation $IPGP

M&G PLC increased its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 263.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 600,020 shares of the semiconductor company’s stock after purchasing an additional 435,122 shares during the quarter. M&G PLC owned approximately 1.41% of IPG Photonics worth $41,401,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. S Squared Technology LLC boosted its position in IPG Photonics by 7.3% during the second quarter. S Squared Technology LLC now owns 73,866 shares of the semiconductor company’s stock worth $5,071,000 after acquiring an additional 5,000 shares during the last quarter. Allworth Financial LP grew its position in shares of IPG Photonics by 189.0% in the second quarter. Allworth Financial LP now owns 1,315 shares of the semiconductor company’s stock valued at $90,000 after purchasing an additional 860 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of IPG Photonics by 6.4% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,755 shares of the semiconductor company’s stock valued at $395,000 after purchasing an additional 347 shares during the last quarter. True Wealth Design LLC lifted its position in IPG Photonics by 1,621.7% during the second quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after buying an additional 373 shares in the last quarter. Finally, Savant Capital LLC lifted its position in IPG Photonics by 65.4% during the second quarter. Savant Capital LLC now owns 25,670 shares of the semiconductor company’s stock worth $1,762,000 after buying an additional 10,146 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

IPG Photonics Stock Performance

NASDAQ IPGP opened at $86.50 on Wednesday. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of -17.65, a PEG ratio of 23.95 and a beta of 1.04. The firm has a 50 day simple moving average of $83.90 and a 200-day simple moving average of $75.60. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $92.21.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Stifel Nicolaus set a $92.00 price target on shares of IPG Photonics in a research report on Tuesday, November 4th. Citigroup raised shares of IPG Photonics from a “sell” rating to a “buy” rating and lifted their price target for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Sanford C. Bernstein upgraded IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price objective on the stock in a report on Thursday, August 7th. Weiss Ratings reissued a “sell (d)” rating on shares of IPG Photonics in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded IPG Photonics from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $89.33.

Insiders Place Their Bets

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the company’s stock in a transaction dated 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 sale, the insider owned 7,073,279 shares in the company, valued at $570,884,348.09. This represents a 0.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was 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. This represents a 0.51% 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 274,020 shares of company stock valued at $22,846,832. 39.50% of the stock is currently owned by company insiders.

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.