Nuveen LLC Takes Position in IPG Photonics Corporation $IPGP

Nuveen LLC purchased a new stake in IPG Photonics Corporation (NASDAQ:IPGP) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 62,666 shares of the semiconductor company’s stock, valued at approximately $3,957,000. Nuveen LLC owned approximately 0.15% of IPG Photonics at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IPGP. Pacer Advisors Inc. boosted its stake in shares of IPG Photonics by 4,282.2% in the 1st quarter. Pacer Advisors Inc. now owns 175,113 shares of the semiconductor company’s stock valued at $11,057,000 after purchasing an additional 171,117 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of IPG Photonics by 65.1% in the 4th quarter. Ameriprise Financial Inc. now owns 298,845 shares of the semiconductor company’s stock valued at $21,732,000 after purchasing an additional 117,846 shares in the last quarter. Sora Investors LLC boosted its stake in shares of IPG Photonics by 94.8% in the 4th quarter. Sora Investors LLC now owns 165,611 shares of the semiconductor company’s stock valued at $12,043,000 after purchasing an additional 80,611 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of IPG Photonics in the 4th quarter valued at approximately $4,152,000. Finally, Quantinno Capital Management LP boosted its stake in shares of IPG Photonics by 187.4% in the 4th quarter. Quantinno Capital Management LP now owns 86,023 shares of the semiconductor company’s stock valued at $6,256,000 after purchasing an additional 56,091 shares in the last quarter. 93.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial reduced 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. Sanford C. Bernstein upgraded shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 target price on the stock in a research report on Thursday, August 7th. Finally, Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, IPG Photonics has an average rating of “Moderate Buy” and an average price target of $75.00.

Insider Activity

In other news, Director Jeanmarie F. Desmond sold 1,360 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $76.24, for a total value of $103,686.40. Following the transaction, the director owned 9,740 shares in the company, valued at approximately $742,577.60. The trade was a 12.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 39.50% of the company’s stock.

IPG Photonics Price Performance

NASDAQ:IPGP opened at $83.63 on Thursday. The firm’s 50 day simple moving average is $74.90 and its 200 day simple moving average is $66.41. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $88.50. The company has a market cap of $3.53 billion, a PE ratio of -17.07, a P/E/G ratio of 23.81 and a beta of 0.88.

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

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.