BlackRock Inc. acquired a new stake in IPG Photonics Corporation (NASDAQ:IPGP – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,850,574 shares of the semiconductor company’s stock, valued at approximately $334,429,000. BlackRock Inc. owned about 0.07% of IPG Photonics at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its position in IPG Photonics by 184.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 295 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in shares of IPG Photonics by 43.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 166 shares during the period. Global Retirement Partners LLC increased its stake in shares of IPG Photonics by 428.9% during the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 549 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of IPG Photonics by 332.9% in the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 526 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 578 shares during the last quarter. 93.79% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, Director Tang Agnes sold 1,511 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $117.85, for a total transaction of $178,071.35. Following the sale, the director directly owned 9,588 shares of the company’s stock, valued at approximately $1,129,945.80. This represents a 13.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $86.61, for a total value of $131,993.64. Following the completion of the transaction, the director directly owned 48,210 shares of the company’s stock, valued at approximately $4,175,468.10. This trade represents a 3.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 183,888 shares of company stock valued at $18,254,751. 37.50% of the stock is currently owned by corporate insiders.
More IPG Photonics News
- Positive Sentiment: Zacks raised its fiscal 2026 EPS forecast to $1.80 from $1.59, above the broader consensus estimate of $1.78. Estimates for third-quarter 2026 EPS increased to $0.46 from $0.45, while fourth-quarter EPS rose to $0.48 from $0.47.
- Positive Sentiment: The firm also lifted second-quarter 2027 EPS expectations to $0.59 from $0.54 and third-quarter 2027 expectations to $0.60 from $0.59, suggesting some confidence in an earnings improvement over the next several quarters.
- Neutral Sentiment: Reported short interest was listed at zero shares as of August 25, unchanged from the prior period. Because the data appears inconsistent with normal trading activity, it provides little useful information about investor positioning.
- Negative Sentiment: Zacks reduced first-quarter 2027 EPS estimates to $0.39 from $0.49 and lowered full-year 2027 EPS to $2.21 from $2.24. It also cut first- and second-quarter 2028 forecasts to $0.82 and $0.90, respectively, from $0.95 and $1.03.
IPG Photonics Stock Performance
IPGP stock opened at $74.21 on Thursday. IPG Photonics Corporation has a 52 week low of $69.41 and a 52 week high of $155.82. The company has a market capitalization of $3.16 billion, a PE ratio of 114.17, a price-to-earnings-growth ratio of 1.90 and a beta of 0.96. The company’s 50-day simple moving average is $95.69 and its 200 day simple moving average is $110.84.
IPG Photonics (NASDAQ:IPGP – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, topping 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 business had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. During the same quarter in the previous year, the company earned $0.16 EPS. The business’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, analysts forecast that IPG Photonics Corporation will post 1.82 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on IPGP. Zacks Research downgraded IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Citigroup cut their price objective on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Wall Street Zen lowered IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Needham & Company LLC increased their price target on IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.60.
Check Out Our Latest Report on IPGP
IPG Photonics 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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