Goldman Sachs Group Inc. Has $1.22 Million Stock Position in IPG Photonics Corporation $IPGP

Goldman Sachs Group Inc. lowered its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 68.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,303 shares of the semiconductor company’s stock after selling 41,134 shares during the quarter. Goldman Sachs Group Inc.’s holdings in IPG Photonics were worth $1,219,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Alliancebernstein L.P. grew its holdings in IPG Photonics by 1,918.3% during the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock worth $90,242,000 after acquiring an additional 1,358,428 shares during the last quarter. AQR Capital Management LLC grew its holdings in IPG Photonics by 188.6% during the 1st quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock worth $40,208,000 after acquiring an additional 416,186 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in IPG Photonics by 2.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock worth $23,842,000 after acquiring an additional 7,978 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in IPG Photonics by 19.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 272,454 shares of the semiconductor company’s stock worth $17,203,000 after acquiring an additional 44,712 shares during the last quarter. Finally, Retirement Systems of Alabama grew its holdings in IPG Photonics by 20.5% during the 1st quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company’s stock worth $13,611,000 after acquiring an additional 36,648 shares during the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Insider Activity

In other news, SVP Trevor Ness sold 1,678 shares of IPG Photonics stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $82.64, for a total value of $138,669.92. Following the sale, the senior vice president directly owned 40,565 shares in the company, valued at $3,352,291.60. This trade represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Valentin Gapontsev Trust I sold 14,180 shares of IPG Photonics stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $80.67, for a total transaction of $1,143,900.60. Following the completion of the sale, the insider owned 7,059,099 shares in the company, valued at $569,457,516.33. This trade represents a 0.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 71,216 shares of company stock worth $5,748,177 over the last ninety days. Insiders own 39.50% of the company’s stock.

IPG Photonics Stock Performance

Shares of IPGP stock opened at $81.40 on Monday. The company has a market capitalization of $3.44 billion, a P/E ratio of -16.61, a price-to-earnings-growth ratio of 22.57 and a beta of 0.95. The company’s 50 day moving average price is $78.72 and its two-hundred day moving average price is $68.80. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $88.50.

IPG Photonics (NASDAQ:IPGP) last announced 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. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.72 million for the quarter, compared to the consensus estimate of $228.20 million. During the same period last year, the company posted $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. Analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on IPGP shares. Sanford C. Bernstein raised shares of 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. Wall Street Zen raised shares of IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $75.00.

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.