Waterfront Wealth Inc. lowered its holdings in IPG Photonics Corporation (NASDAQ:IPGP – Free Report) by 26.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,510 shares of the semiconductor company’s stock after selling 6,899 shares during the quarter. Waterfront Wealth Inc.’s holdings in IPG Photonics were worth $2,236,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its position in IPG Photonics by 184.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 295 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in IPG Photonics by 43.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 166 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of IPG Photonics by 428.9% in the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 549 shares during the period. Hantz Financial Services Inc. grew its stake in shares of IPG Photonics by 332.9% in the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 526 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake 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 valued at $51,000 after purchasing an additional 578 shares during the period. Institutional investors and hedge funds own 93.79% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently commented on IPGP shares. Wall Street Zen downgraded IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Citigroup increased their price objective on IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Stifel Nicolaus dropped their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Zacks Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.50.
Insiders Place Their Bets
In other IPG Photonics news, Director Jeanmarie F. Desmond sold 1,690 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $105.58, for a total transaction of $178,430.20. Following the sale, the director owned 10,486 shares of the company’s stock, valued at $1,107,111.88. This represents a 13.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Tang Agnes sold 1,511 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $117.85, for a total transaction of $178,071.35. Following the completion of the sale, the director owned 9,588 shares of the company’s stock, valued at $1,129,945.80. The trade was a 13.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 80,400 shares of company stock valued at $8,515,516 over the last three months. Company insiders own 37.50% of the company’s stock.
IPG Photonics Price Performance
IPGP stock opened at $108.03 on Friday. The business has a fifty day moving average price of $111.12 and a 200 day moving average price of $109.07. IPG Photonics Corporation has a fifty-two week low of $71.35 and a fifty-two week high of $155.82. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 156.57, a P/E/G ratio of 2.98 and a beta of 0.94.
IPG Photonics (NASDAQ:IPGP – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) 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 the consensus estimate of $256.99 million. IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The company’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, equities analysts expect that IPG Photonics Corporation will post 1.66 earnings per share for the current fiscal year.
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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