Handelsbanken Fonder AB Invests $683,000 in Photronics, Inc. $PLAB

Handelsbanken Fonder AB bought a new stake in Photronics, Inc. (NASDAQ:PLAB) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 21,000 shares of the semiconductor company’s stock, valued at approximately $683,000.

Several other large investors have also modified their holdings of PLAB. Torren Management LLC acquired a new stake in Photronics during the 4th quarter worth $26,000. Larson Financial Group LLC purchased a new stake in Photronics in the third quarter valued at $28,000. First Horizon Corp acquired a new position in Photronics in the first quarter valued at $33,000. Grove Bank & Trust acquired a new position in Photronics in the second quarter valued at $33,000. Finally, Quarry LP grew its holdings in shares of Photronics by 569.8% during the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 1,151 shares during the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Photronics Price Performance

PLAB stock opened at $30.52 on Friday. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 11.14 and a beta of 1.38. The company has a fifty day moving average price of $30.95 and a 200 day moving average price of $37.59. Photronics, Inc. has a 12 month low of $20.05 and a 12 month high of $56.00.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.11). The business had revenue of $209.94 million for the quarter, compared to analysts’ expectations of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.40 earnings per share. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. As a group, analysts anticipate that Photronics, Inc. will post 1.85 earnings per share for the current year.

Trending Headlines about Photronics

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Photronics announced plans to participate in the Three Part Advisors Midwest IDEAS Conference on August 27 and the Lake Street Capital BIG10 Conference on September 10. These events could provide investors with additional commentary on demand, the high-end IC photomask pipeline and the company’s outlook. Photronics investor conference announcement
• Neutral Sentiment: Market attention is also increasing ahead of Photronics’ expected earnings release, with investors likely focused on whether demand and the projected recovery in high-end IC photomasks are improving. Photronics expected earnings article
• Negative Sentiment: Several firms, including Rosen, Glancy Prongay Wolke & Rotter, Hagens Berman, Kaplan Fox, Faruqi & Faruqi and others, are promoting a class action for investors who purchased PLAB securities from December 10, 2025, through May 27, 2026. The lawsuit alleges that Photronics misled investors about demand and the outlook for its high-end integrated-circuit photomask product line. Photronics securities litigation notice
• Negative Sentiment: Investor alerts characterize an earlier one-session decline of $19.49 as occurring after Photronics indicated that its anticipated post-holiday recovery had stalled. This reinforces concerns about weakening demand, execution and the credibility of prior growth expectations. The allegations remain claims, not proven findings. Photronics investor loss and class action notice

Analyst Ratings Changes

A number of research firms have recently commented on PLAB. Craig Hallum reiterated a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Lake Street Capital reissued a “buy” rating and issued a $55.00 target price on shares of Photronics in a research report on Friday, May 1st. Freedom Capital raised Photronics to a “strong-buy” rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded Photronics from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Zacks Research raised Photronics to a “hold” rating in a research report on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $49.33.

Photronics Company Profile

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high?resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high?end lithography technology.