Thrivent Financial for Lutherans Decreases Stake in IPG Photonics Corporation $IPGP

Thrivent Financial for Lutherans trimmed its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 44.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,098 shares of the semiconductor company’s stock after selling 7,321 shares during the quarter. Thrivent Financial for Lutherans’ holdings in IPG Photonics were worth $720,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IPGP. True Wealth Design LLC increased its holdings in IPG Photonics by 1,621.7% during the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 373 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of IPG Photonics by 51.1% during the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 116 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in shares of IPG Photonics by 207.1% during the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after buying an additional 290 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of IPG Photonics by 348.2% in the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after buying an additional 578 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of IPG Photonics in the second quarter worth $65,000. Institutional investors and hedge funds own 93.79% of the company’s stock.

Insider Buying and Selling at IPG Photonics

In other IPG Photonics news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.36, for a total transaction of $2,672,600.00. Following the completion of the transaction, the insider directly owned 6,721,503 shares of the company’s stock, valued at $513,253,969.08. The trade was a 0.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Valentin Gapontsev Trust I sold 39,384 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $77.63, for a total transaction of $3,057,379.92. Following the completion of the transaction, the insider owned 6,886,715 shares of the company’s stock, valued at approximately $534,615,685.45. This trade represents a 0.57% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 336,232 shares of company stock valued at $25,923,400. Corporate insiders own 39.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 29th. Roth Mkm increased their price target on shares of IPG Photonics from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Stifel Nicolaus boosted their price objective on IPG Photonics from $92.00 to $165.00 and gave the company a “buy” rating in a report on Friday. Zacks Research upgraded IPG Photonics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 15th. Finally, Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, IPG Photonics presently has an average rating of “Moderate Buy” and an average target price of $122.17.

IPG Photonics Stock Up 2.4%

Shares of NASDAQ IPGP opened at $153.91 on Tuesday. The firm’s 50-day moving average price is $87.85 and its two-hundred day moving average price is $83.81. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $155.82. The stock has a market capitalization of $6.48 billion, a P/E ratio of 207.99, a P/E/G ratio of 18.75 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.21. IPG Photonics had a return on equity of 2.89% and a net margin of 3.10%.The business had revenue of $274.47 million for the quarter, compared to analysts’ expectations of $249.58 million. During the same period in the prior year, the firm earned $0.18 EPS. The business’s quarterly revenue was up 17.2% on a year-over-year basis. IPG Photonics has set its Q1 2026 guidance at 0.100-0.400 EPS. As a group, equities research analysts expect that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

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.