Brandes Investment Partners LP Raises Holdings in IPG Photonics Corporation $IPGP

Brandes Investment Partners LP increased its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 87.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,592 shares of the semiconductor company’s stock after buying an additional 62,445 shares during the period. Brandes Investment Partners LP owned about 0.32% of IPG Photonics worth $9,171,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. True Wealth Design LLC increased its position in IPG Photonics by 1,621.7% during the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 373 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in shares of IPG Photonics by 207.1% during the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 290 shares in the last quarter. Signaturefd LLC increased its holdings in IPG Photonics by 76.9% during the second quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock valued at $52,000 after buying an additional 332 shares during the period. Parallel Advisors LLC raised its stake in IPG Photonics by 853.9% in the second quarter. Parallel Advisors LLC now owns 1,097 shares of the semiconductor company’s stock worth $75,000 after buying an additional 982 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in IPG Photonics during the second quarter worth $89,000. 93.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other IPG Photonics news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $76.36, for a total transaction of $2,672,600.00. Following the completion of the sale, the insider directly owned 6,721,503 shares in the company, valued at approximately $513,253,969.08. The trade was a 0.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13. Following the completion of the sale, the insider owned 6,926,099 shares in the company, valued at $527,283,916.87. The trade was a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 475,771 shares of company stock valued at $38,205,473. 39.50% of the stock is owned by insiders.

IPG Photonics Trading Up 2.5%

NASDAQ:IPGP opened at $81.36 on Wednesday. The firm has a fifty day simple moving average of $82.84 and a 200-day simple moving average of $77.35. IPG Photonics Corporation has a 12 month low of $48.59 and a 12 month high of $92.21. The company has a market capitalization of $3.43 billion, a P/E ratio of -16.60, a PEG ratio of 23.95 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP) last issued its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.19. The company had revenue of $250.79 million during the quarter, compared to analyst estimates of $240.18 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Equities analysts forecast that IPG Photonics Corporation will post 1.54 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on IPGP shares. Roth Capital set a $96.00 price target on IPG Photonics and gave the company a “buy” rating in a report on Monday, October 6th. Wall Street Zen upgraded IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Citigroup raised shares of IPG Photonics from a “sell” rating to a “buy” rating and increased their price target for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday. Finally, Stifel Nicolaus set a $92.00 target price on shares of IPG Photonics in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.33.

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.