IPG Photonics Corporation $IPGP Holdings Trimmed by Vanguard Group Inc.

Vanguard Group Inc. lowered its position in shares of IPG Photonics Corporation (NASDAQ:IPGPFree Report) by 5.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,845,555 shares of the semiconductor company’s stock after selling 159,012 shares during the quarter. Vanguard Group Inc. owned 6.66% of IPG Photonics worth $179,668,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Larson Financial Group LLC bought a new position in IPG Photonics during the first quarter valued at about $39,000. UMB Bank n.a. boosted its position in shares of IPG Photonics by 107.5% in the 1st quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 329 shares during the period. Assetmark Inc. boosted its position in shares of IPG Photonics by 18.1% in the 1st quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company’s stock valued at $101,000 after purchasing an additional 244 shares during the period. Sterling Capital Management LLC boosted its position in shares of IPG Photonics by 52.8% in the 4th quarter. Sterling Capital Management LLC now owns 1,656 shares of the semiconductor company’s stock valued at $120,000 after purchasing an additional 572 shares during the period. Finally, Versant Capital Management Inc boosted its position in shares of IPG Photonics by 90.7% in the 1st quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company’s stock valued at $115,000 after purchasing an additional 865 shares during the period. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Price Performance

IPGP opened at $77.07 on Wednesday. IPG Photonics Corporation has a fifty-two week low of $48.59 and a fifty-two week high of $88.50. The business has a 50-day moving average of $73.27 and a 200-day moving average of $65.95. The company has a market capitalization of $3.25 billion, a PE ratio of -15.73, a price-to-earnings-growth ratio of 22.59 and a beta of 0.88.

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

IPG Photonics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.7%.

Insider Buying and Selling at IPG Photonics

In other news, Director Jeanmarie F. Desmond sold 1,360 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $76.24, for a total transaction of $103,686.40. Following the completion of the sale, the director directly owned 9,740 shares of the company’s stock, valued at $742,577.60. This trade represents a 12.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 39.50% of the stock is owned by company insiders.

Analyst Ratings Changes

IPGP has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $72.00 price target on IPG Photonics in a research report on Monday, April 28th. Sanford C. Bernstein upgraded IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a research report on Thursday, August 7th. Raymond James Financial reduced their price objective on IPG Photonics from $80.00 to $70.00 and set a “strong-buy” rating for the company in a research note on Wednesday, May 7th. Finally, Wall Street Zen raised IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, IPG Photonics has an average rating of “Moderate Buy” and a consensus target price of $75.00.

View Our Latest Research Report on IPGP

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.

See Also

Want to see what other hedge funds are holding IPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IPG Photonics Corporation (NASDAQ:IPGPFree Report).

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

Receive News & Ratings for IPG Photonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IPG Photonics and related companies with MarketBeat.com's FREE daily email newsletter.