Oakmont Investment Advisors Inc. acquired a new position in IPG Photonics Corporation (NASDAQ:IPGP – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,450 shares of the semiconductor company’s stock, valued at approximately $991,000.
Several other institutional investors and hedge funds have also recently modified their holdings of IPGP. Caitong International Asset Management Co. Ltd increased its position in shares of IPG Photonics by 184.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 295 shares during the period. Rockefeller Capital Management L.P. boosted its position in IPG Photonics by 43.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 166 shares in the last quarter. Global Retirement Partners LLC boosted its position in IPG Photonics by 428.9% during the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 549 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of IPG Photonics by 332.9% during the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 526 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of IPG Photonics during the 2nd quarter worth approximately $87,000. 93.79% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently commented on IPGP. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Roth Capital reissued a “buy” rating and set a $151.00 price objective on shares of IPG Photonics in a research report on Tuesday, May 19th. Citigroup reduced their target price on shares of IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Needham & Company LLC increased their price target on shares of IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Finally, Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.60.
IPG Photonics Stock Up 2.0%
IPG Photonics stock opened at $78.00 on Friday. IPG Photonics Corporation has a twelve month low of $69.41 and a twelve month high of $155.82. The company has a market capitalization of $3.32 billion, a P/E ratio of 120.00, a PEG ratio of 2.03 and a beta of 0.98. The stock’s 50 day moving average is $90.68 and its 200 day moving average is $108.59.
IPG Photonics (NASDAQ:IPGP – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The business had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. During the same quarter in the previous year, the business earned $0.16 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, equities analysts expect that IPG Photonics Corporation will post 1.82 EPS for the current year.
Insider Buying and Selling
In related news, Director Eugene A. Scherbakov sold 1,524 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $86.61, for a total transaction of $131,993.64. Following the sale, the director directly owned 48,210 shares of the company’s stock, valued at approximately $4,175,468.10. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00. Following the sale, the insider owned 6,463,302 shares of the company’s stock, valued at approximately $669,856,619.28. This represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 211,285 shares of company stock valued at $20,320,899 over the last ninety days. Insiders own 37.50% of the company’s stock.
IPG Photonics Profile
IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.
In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.
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