44,032 Shares in Photronics, Inc. $PLAB Acquired by Kendall Capital Management

Kendall Capital Management bought a new position in Photronics, Inc. (NASDAQ:PLAB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 44,032 shares of the semiconductor company’s stock, valued at approximately $1,432,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Allworth Financial LP bought a new stake in shares of Photronics in the 2nd quarter worth approximately $26,000. First Horizon Corp purchased a new stake in shares of Photronics in the 1st quarter valued at $33,000. Torren Management LLC bought a new position in shares of Photronics during the 4th quarter valued at $26,000. Grove Bank & Trust bought a new position in shares of Photronics during the 2nd quarter valued at $33,000. Finally, Larson Financial Group LLC purchased a new position in Photronics in the 3rd quarter worth $28,000. 88.38% of the stock is currently owned by institutional investors.

Photronics News Roundup

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Photronics is scheduled to report quarterly results before the market opens on Wednesday, August 26. The report could become a near-term catalyst because investors will be focused on photomask demand, any recovery in high-end IC products and management’s outlook. This Earnings Report Could Steal The Show Next Week
• Neutral Sentiment: The company will participate in the Three Part Advisors Midwest IDEAS Conference on August 27 and the Lake Street Capital BIG10 Conference on September 10, providing additional opportunities for management to address business conditions and investor concerns. Photronics to Participate in Upcoming Investor Conferences
• Negative Sentiment: Several investor-rights firms, including Rosen, Kaplan Fox, Pomerantz, Hagens Berman and others, reminded shareholders about or promoted participation in a securities class action covering purchases from December 10, 2025, through May 27, 2026. The repeated announcements increase visibility around potential legal costs, reputational damage and uncertainty regarding the company’s disclosures. Rosen Photronics Investor Deadline Alert
• Negative Sentiment: Separate notices link the investor losses to a prior sharp selloff after Photronics indicated that an expected post-holiday recovery had stalled. That narrative reinforces concerns about slowing demand and puts added pressure on the upcoming earnings release to clarify the company’s outlook. Photronics Shareholder Loss Recovery Notice

Analysts Set New Price Targets

Several research firms have weighed in on PLAB. Wall Street Zen downgraded shares of Photronics from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Freedom Capital raised Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research upgraded Photronics to a “hold” rating in a report on Friday, August 14th. Craig Hallum reissued a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Finally, Lake Street Capital restated a “buy” rating and set a $55.00 target price on shares of Photronics in a report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $49.33.

Photronics Stock Down 0.0%

Shares of NASDAQ PLAB opened at $30.51 on Friday. The firm’s fifty day moving average is $30.93 and its 200 day moving average is $37.54. Photronics, Inc. has a 52 week low of $20.05 and a 52 week high of $56.00. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 11.14 and a beta of 1.38.

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 analysts’ consensus estimates of $0.53 by ($0.11). Photronics had a return on equity of 7.69% and a net margin of 18.47%.The firm had revenue of $209.94 million during the quarter, compared to the consensus estimate of $216.47 million. During the same period last year, the business earned $0.40 EPS. Photronics’s revenue was down .5% on a year-over-year basis. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. Equities research analysts anticipate that Photronics, Inc. will post 1.85 earnings per share for the current year.

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.