IPG Photonics Corporation (NASDAQ:IPGP – Get Free Report) hit a new 52-week low on Monday . The company traded as low as $70.60 and last traded at $70.3450, with a volume of 18763 shares. The stock had previously closed at $73.26.
Analysts Set New Price Targets
Several research firms have recently commented on IPGP. Needham & Company LLC increased their price target on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Zacks Research cut shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Citigroup reduced their price objective on IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Stifel Nicolaus reduced their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $142.60.
Read Our Latest Report on IPGP
IPG Photonics Stock Performance
IPG Photonics (NASDAQ:IPGP – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.21. The business had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The firm’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, research analysts forecast that IPG Photonics Corporation will post 1.78 earnings per share for the current year.
Insider Activity
In other IPG Photonics news, Director Tang Agnes sold 1,511 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $117.85, for a total value of $178,071.35. Following the completion of the sale, the director owned 9,588 shares of the company’s stock, valued at approximately $1,129,945.80. This represents a 13.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $86.61, for a total transaction of $131,993.64. Following the completion of the sale, the director owned 48,210 shares in the company, valued at approximately $4,175,468.10. This trade represents a 3.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 183,888 shares of company stock worth $18,254,751 over the last quarter. 37.50% of the stock is owned by insiders.
Institutional Trading of IPG Photonics
A number of large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its stake 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 valued at $33,000 after acquiring an additional 295 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of IPG Photonics by 43.0% during the fourth 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 period. Global Retirement Partners LLC raised its position in shares of IPG Photonics by 428.9% during the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 549 shares during the period. Hantz Financial Services Inc. lifted its holdings 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 purchasing an additional 526 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of IPG Photonics during the 2nd quarter valued at about $87,000. Institutional investors own 93.79% of the company’s stock.
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.
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