American Century Companies Inc. Acquires 118,827 Shares of IPG Photonics Corporation $IPGP

American Century Companies Inc. grew its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 126.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 212,693 shares of the semiconductor company’s stock after buying an additional 118,827 shares during the period. American Century Companies Inc. owned 0.50% of IPG Photonics worth $13,429,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in IPG Photonics by 14.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,352,246 shares of the semiconductor company’s stock worth $98,335,000 after purchasing an additional 173,584 shares in the last quarter. Lazard Asset Management LLC boosted its stake in IPG Photonics by 0.9% in the 4th quarter. Lazard Asset Management LLC now owns 1,069,193 shares of the semiconductor company’s stock worth $77,751,000 after purchasing an additional 9,852 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in IPG Photonics by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock worth $23,842,000 after purchasing an additional 7,978 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in IPG Photonics by 65.1% in the 4th quarter. Ameriprise Financial Inc. now owns 298,845 shares of the semiconductor company’s stock worth $21,732,000 after purchasing an additional 117,846 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in IPG Photonics by 19.6% in the 1st quarter. Exchange Traded Concepts LLC now owns 272,454 shares of the semiconductor company’s stock worth $17,203,000 after purchasing an additional 44,712 shares in the last quarter. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Stock Performance

Shares of NASDAQ:IPGP opened at $81.71 on Tuesday. 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 simple moving average of $74.23 and a two-hundred day simple moving average of $66.18. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of -16.68, a price-to-earnings-growth ratio of 23.53 and a beta of 0.88.

IPG Photonics (NASDAQ:IPGP) last issued its 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 business had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. During the same quarter in the previous year, the firm earned $0.45 EPS. IPG Photonics’s 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. As a group, research analysts predict that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other IPG Photonics news, Director Jeanmarie F. Desmond sold 1,360 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $76.24, for a total value of $103,686.40. Following the completion of the transaction, the director owned 9,740 shares of the company’s stock, valued at approximately $742,577.60. The trade was a 12.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 39.50% of the company’s stock.

About IPG Photonics

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.