Jupiter Topco LLC Makes New Investment in Photronics, Inc. $PLAB

Jupiter Topco LLC bought a new stake in Photronics, Inc. (NASDAQ:PLAB) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 27,002 shares of the semiconductor company’s stock, valued at approximately $879,000.

A number of other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP purchased a new stake in shares of Photronics during the second quarter worth approximately $26,000. Larson Financial Group LLC purchased a new position in Photronics in the 3rd quarter valued at $28,000. First Horizon Corp acquired a new stake in Photronics during the 1st quarter worth $33,000. Grove Bank & Trust purchased a new stake in shares of Photronics during the second quarter worth $33,000. Finally, Quarry LP grew its holdings in shares of Photronics by 569.8% during the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after buying an additional 1,151 shares in the last quarter. 88.38% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Photronics

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Photronics recently reported quarterly EPS of $0.50, exceeding the $0.40 consensus estimate, while revenue of $216.1 million also topped expectations. Revenue increased 2.7% year over year, and management’s fourth-quarter EPS guidance of $0.40–$0.56 suggests continued profitability.
• Neutral Sentiment: Multiple law firms, including Kaplan Fox, Rosen, Hagens Berman, Faruqi & Faruqi, and others, reminded investors of the September 4, 2026 deadline to seek lead-plaintiff status in a previously filed federal securities class action. These notices largely repeat the same information rather than representing separate lawsuits or new company operating results. Kaplan Fox deadline notice
• Negative Sentiment: The lawsuit covers investors who acquired Photronics securities from December 10, 2025, through May 27, 2026. The complaints allege that Photronics misled investors about demand and the outlook for its high-end integrated-circuit photomask product line, potentially exposing the company to litigation costs, reputational damage, and shareholder claims. The allegations have not been proven. Hagens Berman lawsuit notice

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Zacks Research raised shares of Photronics to a “hold” rating in a research note on Friday, August 14th. Craig Hallum reissued a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Freedom Capital upgraded Photronics to a “strong-buy” rating in a report on Thursday, July 2nd. Wall Street Zen lowered Photronics from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings downgraded Photronics from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Photronics has a consensus rating of “Moderate Buy” and a consensus target price of $49.33.

Photronics Trading Up 3.4%

Photronics stock opened at $29.13 on Friday. The company has a 50-day moving average price of $30.24 and a 200 day moving average price of $36.99. Photronics, Inc. has a 12-month low of $20.05 and a 12-month high of $56.00. The stock has a market cap of $1.72 billion, a P/E ratio of 10.26 and a beta of 1.35.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.10. The business had revenue of $216.05 million during the quarter, compared to analysts’ expectations of $208.75 million. Photronics had a net margin of 19.05% and a return on equity of 7.45%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 EPS. Photronics has set its Q4 2026 guidance at 0.400-0.560 EPS. As a group, analysts forecast that Photronics, Inc. will post 1.85 EPS for the current year.

About Photronics

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.