Brokerages Set IPG Photonics Corporation (NASDAQ:IPGP) PT at $89.33

Shares of IPG Photonics Corporation (NASDAQ:IPGP) have earned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $91.6667.

Several brokerages have commented on IPGP. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and lifted their price target for the stock from $68.00 to $105.00 in a research report on Wednesday, November 5th. Zacks Research raised IPG Photonics from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 15th. Stifel Nicolaus set a $92.00 price objective on IPG Photonics in a research report on Tuesday, November 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday, December 29th. Finally, Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday, December 10th.

IPG Photonics Price Performance

Shares of IPGP opened at $99.30 on Tuesday. The company has a market capitalization of $4.18 billion, a PE ratio of 162.79, a price-to-earnings-growth ratio of 12.63 and a beta of 1.03. IPG Photonics has a one year low of $48.59 and a one year high of $103.26. The company’s fifty day moving average price is $81.23 and its 200 day moving average price is $81.19.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.19. IPG Photonics had a return on equity of 2.35% and a net margin of 2.66%.The company had revenue of $250.79 million for the quarter, compared to the consensus estimate of $240.18 million. Analysts anticipate that IPG Photonics will post 1.54 earnings per share for the current year.

Insider Buying and Selling at IPG Photonics

In related news, major shareholder Fibre Devices Ltd Ip sold 13,381 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $81.52, for a total transaction of $1,090,819.12. Following the completion of the transaction, the insider owned 6,593,169 shares in the company, valued at $537,475,136.88. This trade represents a 0.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Valentin Gapontsev Trust I sold 7,952 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $80.10, for a total value of $636,955.20. Following the completion of the sale, the insider owned 6,793,099 shares in the company, valued at $544,127,229.90. This trade represents a 0.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 470,913 shares of company stock worth $36,233,025. Insiders own 39.50% of the company’s stock.

Institutional Investors Weigh In On IPG Photonics

Large investors have recently made changes to their positions in the company. True Wealth Design LLC lifted its holdings 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 last quarter. Versant Capital Management Inc raised its stake in shares of IPG Photonics by 51.1% in the third quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 116 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of IPG Photonics by 207.1% in the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 290 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 578 shares in the last quarter. Finally, Signaturefd LLC grew its position in IPG Photonics by 76.9% during the 2nd quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock worth $52,000 after acquiring an additional 332 shares during the last quarter. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Company 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.