Shares of IPG Photonics Corporation (NASDAQ:IPGP – Get Free Report) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $142.60.
Several equities analysts have recently weighed in on the stock. Needham & Company LLC raised 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. Citigroup cut their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th.
Read Our Latest Research Report on IPGP
IPG Photonics Trading Up 0.5%
IPG Photonics (NASDAQ:IPGP – Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. The business had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, equities analysts forecast that IPG Photonics will post 1.87 EPS for the current fiscal year.
Insider Activity
In related news, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the company’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $102.31, for a total value of $5,761,689.96. Following the transaction, the insider directly owned 6,670,283 shares in the company, valued at approximately $682,436,653.73. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $86.61, for a total value of $131,993.64. Following the completion of the transaction, the director directly owned 48,210 shares in the company, valued at approximately $4,175,468.10. This trade represents a 3.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 211,285 shares of company stock valued at $20,320,899 over the last three months. 37.50% of the stock is currently owned by company insiders.
Institutional Trading of IPG Photonics
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IPGP. MCF Advisors LLC acquired a new position in IPG Photonics during the second quarter worth $38,000. Engineers Gate Manager LP purchased a new position in IPG Photonics during the 2nd quarter valued at about $375,000. Integrated Wealth Concepts LLC boosted its holdings in IPG Photonics by 13.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 2,062 shares of the semiconductor company’s stock valued at $242,000 after acquiring an additional 246 shares during the period. Arizona State Retirement System grew its position in IPG Photonics by 5.4% in the 2nd quarter. Arizona State Retirement System now owns 7,320 shares of the semiconductor company’s stock valued at $859,000 after acquiring an additional 377 shares in the last quarter. Finally, Nykredit A S purchased a new stake in IPG Photonics during the second quarter worth about $169,000. Hedge funds and other institutional investors own 93.79% of the company’s stock.
About IPG Photonics
IPG Photonics Corporation develops and manufactures fiber lasers, fiber amplifiers and related photonics products for industrial, medical and other specialized applications. Its portfolio includes high-power, quasi-continuous-wave and pulsed fiber lasers, as well as laser systems, optical components and delivery equipment.
The company’s products are used in materials processing applications such as cutting, welding, marking, drilling, cladding, brazing and additive manufacturing. IPG also serves markets including telecommunications, medical technology, scientific research and consumer electronics, where its optical and laser technologies support precision manufacturing and other specialized processes.
Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics helped expand the use of fiber-based laser technology in industrial applications.
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