Pacific Heights Asset Management LLC Buys 25,000 Shares of IPG Photonics Corporation $IPGP

Pacific Heights Asset Management LLC increased its stake in IPG Photonics Corporation (NASDAQ:IPGP) by 12.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 225,000 shares of the semiconductor company’s stock after purchasing an additional 25,000 shares during the period. Pacific Heights Asset Management LLC’s holdings in IPG Photonics were worth $16,110,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Versant Capital Management Inc increased its position 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 worth $27,000 after purchasing an additional 116 shares during the period. Assetmark Inc. increased its position in shares of IPG Photonics by 6.8% in the fourth quarter. Assetmark Inc. now owns 1,820 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 116 shares during the period. Allworth Financial LP increased its position in shares of IPG Photonics by 10.2% in the third quarter. Allworth Financial LP now owns 1,449 shares of the semiconductor company’s stock worth $115,000 after purchasing an additional 134 shares during the period. Comerica Bank increased its position in shares of IPG Photonics by 0.9% in the fourth quarter. Comerica Bank now owns 15,105 shares of the semiconductor company’s stock worth $1,082,000 after purchasing an additional 135 shares during the period. Finally, Ballast Asset Management LP increased its position in shares of IPG Photonics by 0.6% in the third quarter. Ballast Asset Management LP now owns 34,941 shares of the semiconductor company’s stock worth $2,767,000 after purchasing an additional 197 shares during the period. Institutional investors own 93.79% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on IPGP shares. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research report on Friday, March 27th. Citigroup raised their price objective on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Zacks Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Wall Street Zen lowered IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Raymond James Financial lowered IPG Photonics from a “strong-buy” rating to an “outperform” rating and raised their price objective for the company from $97.00 to $180.00 in a research note on Friday, February 13th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $128.67.

IPG Photonics Price Performance

NASDAQ:IPGP opened at $102.76 on Monday. The stock’s 50-day simple moving average is $116.03 and its 200 day simple moving average is $100.34. The firm has a market capitalization of $4.36 billion, a PE ratio of 148.93, a price-to-earnings-growth ratio of 3.01 and a beta of 0.97. IPG Photonics Corporation has a twelve month low of $63.33 and a twelve month high of $155.82.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.03). The business had revenue of $265.50 million during the quarter, compared to analyst estimates of $256.99 million. IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period last year, the business earned $0.09 earnings per share. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, analysts anticipate that IPG Photonics Corporation will post 1.64 EPS for the current fiscal year.

Insider Transactions at IPG Photonics

In other IPG Photonics news, CAO Mary E. Buttarazzi sold 500 shares of IPG Photonics stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $116.22, for a total value of $58,110.00. Following the completion of the sale, the chief accounting officer directly owned 4,749 shares in the company, valued at approximately $551,928.78. The trade was a 9.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeanmarie F. Desmond sold 1,690 shares of IPG Photonics stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $105.58, for a total value of $178,430.20. Following the completion of the sale, the director owned 10,486 shares of the company’s stock, valued at approximately $1,107,111.88. The trade was a 13.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 37.50% of the company’s stock.

About IPG Photonics

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.