Janus Henderson Group PLC Has $33.29 Million Stock Holdings in Photronics, Inc. $PLAB

Janus Henderson Group PLC grew its holdings in Photronics, Inc. (NASDAQ:PLAB) by 32.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 823,488 shares of the semiconductor company’s stock after acquiring an additional 202,040 shares during the period. Janus Henderson Group PLC’s holdings in Photronics were worth $33,289,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. K.J. Harrison & Partners Inc bought a new stake in Photronics in the fourth quarter worth $960,000. Vaughan Nelson Investment Management L.P. acquired a new position in Photronics during the first quarter worth $47,902,000. LSV Asset Management raised its holdings in Photronics by 14.7% during the fourth quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock valued at $92,271,000 after buying an additional 370,489 shares in the last quarter. Denali Advisors LLC raised its holdings in Photronics by 33.2% during the fourth quarter. Denali Advisors LLC now owns 313,404 shares of the semiconductor company’s stock valued at $10,029,000 after buying an additional 78,166 shares in the last quarter. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Photronics in the first quarter worth about $3,935,000. Institutional investors and hedge funds own 88.38% of the company’s stock.

Key Stories Impacting Photronics

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Multiple law firms—including Hagens Berman, Kaplan Fox, Faruqi & Faruqi, Robbins LLP, and others—are soliciting investors who purchased Photronics securities between December 10, 2025, and May 27, 2026. The September 4, 2026 deadline is for investors seeking appointment as lead plaintiff; these notices are largely duplicative procedural updates. Hagens Berman investigation
• Negative Sentiment: The lawsuit and related investigations allege that Photronics misled investors about demand and the outlook for its high-end integrated-circuit photomask business, including allegedly overstating the strength and sustainability of customer demand. If proven, the claims could create legal costs, potential damages, and reputational risk. Robbins LLP lawsuit notice
• Negative Sentiment: The allegations follow Photronics’ May 28 earnings release, when the company reported quarterly EPS of $0.42 versus a $0.53 consensus estimate and revenue of $209.94 million versus expectations of $216.47 million. Revenue also declined slightly year over year, while third-quarter guidance of $0.39–$0.45 per share suggested limited near-term upside. SueWallSt shareholder alert

Photronics Price Performance

Shares of PLAB stock opened at $30.29 on Monday. Photronics, Inc. has a 12 month low of $19.44 and a 12 month high of $56.00. The firm has a market cap of $1.79 billion, a PE ratio of 11.05 and a beta of 1.38. The stock has a 50 day moving average of $31.95 and a 200-day moving average of $37.82.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings data 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 return on equity of 7.69% and a net margin of 18.47%.The company had revenue of $209.94 million during the quarter, compared to analyst estimates of $216.47 million. During the same quarter in the previous year, the business posted $0.40 EPS. The company’s revenue was down .5% on a year-over-year basis. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Analyst Ratings Changes

PLAB has been the subject of several recent analyst reports. Freedom Capital upgraded Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Craig Hallum reissued a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Wall Street Zen lowered Photronics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Zacks Research cut Photronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Photronics currently has an average rating of “Buy” and a consensus price target of $49.33.

Photronics Company 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.