Legal & General Group Plc Takes $35.11 Million Position in IPG Photonics Corporation $IPGP

Legal & General Group Plc bought a new stake in IPG Photonics Corporation (NASDAQ:IPGP) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 299,293 shares of the semiconductor company’s stock, valued at approximately $35,113,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IPGP. Caitong International Asset Management Co. Ltd lifted its stake in shares of 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 acquiring an additional 295 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in IPG Photonics by 43.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 166 shares during the last quarter. Global Retirement Partners LLC raised its position 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 in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of IPG Photonics by 332.9% during the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 526 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of IPG Photonics during the 2nd quarter valued at approximately $87,000. Hedge funds and other institutional investors own 93.79% of the company’s stock.

IPG Photonics Stock Performance

NASDAQ IPGP opened at $76.53 on Friday. IPG Photonics Corporation has a one year low of $69.41 and a one year high of $155.82. The company has a 50-day simple moving average of $94.05 and a 200-day simple moving average of $110.37. The firm has a market capitalization of $3.25 billion, a PE ratio of 117.74, a price-to-earnings-growth ratio of 2.05 and a beta of 0.96.

IPG Photonics (NASDAQ:IPGP) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.21. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $279.98 million. During the same quarter last year, the company posted $0.16 earnings per share. IPG Photonics’s revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Equities analysts forecast that IPG Photonics Corporation will post 1.82 earnings per share for the current year.

Insider Buying and Selling at IPG Photonics

In related news, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $96.12, for a total value of $1,740,829.32. Following the sale, the insider owned 6,405,989 shares of the company’s stock, valued at approximately $615,743,662.68. This trade represents a 0.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 48,210 shares of the company’s stock, valued at $4,175,468.10. This represents a 3.06% 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. In the last three months, insiders sold 183,888 shares of company stock worth $18,254,751. Corporate insiders own 37.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on IPGP shares. Wall Street Zen lowered shares of IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Roth Capital restated a “buy” rating and set a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Finally, Needham & Company LLC boosted their price target on IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 17th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $142.60.

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.