Legal & General Group Plc Acquires 15,670 Shares of IPG Photonics Corporation $IPGP

Legal & General Group Plc lifted its holdings in IPG Photonics Corporation (NASDAQ:IPGP) by 8.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 199,766 shares of the semiconductor company’s stock after acquiring an additional 15,670 shares during the quarter. Legal & General Group Plc’s holdings in IPG Photonics were worth $14,303,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Allianz Asset Management GmbH lifted its stake in IPG Photonics by 45.2% in the third quarter. Allianz Asset Management GmbH now owns 200,138 shares of the semiconductor company’s stock worth $15,849,000 after purchasing an additional 62,286 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in IPG Photonics during the fourth quarter valued at about $3,435,000. Polar Asset Management Partners Inc. grew its stake in shares of IPG Photonics by 27.4% during the third quarter. Polar Asset Management Partners Inc. now owns 79,721 shares of the semiconductor company’s stock valued at $6,313,000 after buying an additional 17,132 shares during the last quarter. Moody National Bank Trust Division bought a new position in shares of IPG Photonics during the fourth quarter valued at about $1,280,000. Finally, Old West Investment Management LLC increased its holdings in shares of IPG Photonics by 138.0% in the third quarter. Old West Investment Management LLC now owns 20,842 shares of the semiconductor company’s stock worth $1,650,000 after buying an additional 12,085 shares during the period. Hedge funds and other institutional investors own 93.79% of the company’s stock.

IPG Photonics Trading Up 5.9%

Shares of IPGP stock opened at $121.96 on Wednesday. The company’s fifty day moving average price is $115.76 and its 200-day moving average price is $102.67. The stock has a market cap of $5.18 billion, a PE ratio of 176.76, a price-to-earnings-growth ratio of 3.35 and a beta of 0.95. IPG Photonics Corporation has a 12 month low of $65.25 and a 12 month high of $155.82.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The business had revenue of $265.50 million during the quarter, compared to the consensus estimate of $256.99 million. During the same quarter in the previous year, the business earned $0.09 earnings per share. The firm’s revenue was up 16.5% compared to the same quarter last year. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, sell-side analysts forecast that IPG Photonics Corporation will post 1.66 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on IPGP shares. Roth Mkm reissued a “buy” rating and issued a $151.00 target price on shares of IPG Photonics in a research note on Tuesday, May 19th. Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Needham & Company LLC upgraded IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 price objective for the company in a research report on Wednesday, May 6th. Zacks Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Citigroup raised their target price on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, IPG Photonics currently has a consensus rating of “Moderate Buy” and an average price target of $135.50.

Insider Activity at IPG Photonics

In other IPG Photonics news, Director Jeanmarie F. Desmond sold 1,690 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $105.58, for a total value of $178,430.20. Following the completion of the transaction, the director owned 10,486 shares of the company’s stock, valued at approximately $1,107,111.88. The trade was a 13.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Timothy Pv Mammen sold 9,975 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $119.81, for a total value of $1,195,104.75. Following the transaction, the chief financial officer directly owned 76,438 shares in the company, valued at $9,158,036.78. The trade was a 11.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 12,165 shares of company stock valued at $1,431,645 in the last 90 days. Corporate insiders own 37.50% 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.