Photronics, Inc. $PLAB Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp raised its position in Photronics, Inc. (NASDAQ:PLAB) by 4,995.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 29,501 shares of the semiconductor company’s stock after buying an additional 28,922 shares during the quarter. Fifth Third Bancorp owned about 0.05% of Photronics worth $1,192,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of PLAB. First Horizon Corp purchased a new position in Photronics during the first quarter worth about $33,000. Torren Management LLC purchased a new stake in Photronics in the 4th quarter valued at approximately $26,000. Larson Financial Group LLC purchased a new stake in Photronics in the 3rd quarter valued at approximately $28,000. Quarry LP increased its position in Photronics by 569.8% during the 4th quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 1,151 shares during the period. Finally, Global Retirement Partners LLC raised its stake in shares of Photronics by 723.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock worth $45,000 after buying an additional 1,245 shares in the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Photronics Trading Down 2.0%

Shares of NASDAQ PLAB opened at $30.33 on Friday. The company’s 50-day moving average price is $33.93 and its 200 day moving average price is $37.95. Photronics, Inc. has a 52 week low of $19.26 and a 52 week high of $56.00. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 11.07 and a beta of 1.37.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.11). Photronics had a net margin of 18.47% and a return on equity of 7.69%. The business had revenue of $209.94 million during the quarter, compared to analysts’ expectations of $216.47 million. During the same period last year, the company earned $0.40 EPS. The firm’s revenue for the quarter was down .5% on a year-over-year basis. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Key Headlines Impacting Photronics

Here are the key news stories impacting Photronics this week:

• Negative Sentiment: Multiple law firms issued investor alerts and reminders about a securities class action against Photronics, with deadlines for shareholders who bought shares between December 10, 2025 and May 27, 2026 to seek lead-plaintiff status by September 4, 2026. Article Title
• Negative Sentiment: Hagens Berman said it is investigating Photronics in connection with allegations that the company misled investors about demand and outlook for its high-end IC photomask line, reinforcing concerns tied to the lawsuit. Article Title
• Neutral Sentiment: Several additional firms, including Rosen, Faruqi & Faruqi, Johnson Fistel, Pomerantz, Bernstein Liebhard, and others, published similar notices about the same class action, increasing headline noise but not adding new operational information for the company. Article Title
• Neutral Sentiment: An MSN piece on whether PLAB is a buy, sell, or hold after Q1 earnings may influence sentiment, but it does not appear to add fresh company-specific news. Article Title

Analyst Upgrades and Downgrades

Several analysts have recently commented on PLAB shares. Lake Street Capital reissued a “buy” rating and issued a $55.00 price target on shares of Photronics in a report on Friday, May 1st. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Freedom Capital upgraded Photronics to a “strong-buy” rating in a research report on Thursday, July 2nd. Craig Hallum restated a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Finally, Weiss Ratings raised shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $49.33.

Photronics Profile

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.