IPG Photonics Corporation (NASDAQ:IPGP) Given Consensus Rating of “Moderate Buy” by Brokerages

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $142.60.

IPGP has been the topic of a number of recent research reports. Needham & Company LLC upped their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Citigroup dropped their price objective on shares of IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a report on Monday.

Check Out Our Latest Report on IPGP

Insider Buying and Selling

In related news, Director John Peeler purchased 2,710 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average price of $73.58 per share, for a total transaction of $199,401.80. Following the purchase, the director directly owned 20,886 shares of the company’s stock, valued at approximately $1,536,791.88. This represents a 14.91% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $96.12, for a total value of $1,740,829.32. Following the transaction, the insider directly owned 6,405,989 shares of the company’s stock, valued at approximately $615,743,662.68. This trade represents a 0.28% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 209,774 shares of company stock valued at $20,142,828. 37.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On IPG Photonics

Large investors have recently modified their holdings of the stock. Oregon Public Employees Retirement Fund boosted its holdings in IPG Photonics by 2.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock worth $589,000 after buying an additional 100 shares in the last quarter. State of Michigan Retirement System increased its holdings in IPG Photonics by 1.7% in the first quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company’s stock valued at $699,000 after buying an additional 100 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in IPG Photonics by 17.0% in the first quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company’s stock valued at $105,000 after buying an additional 133 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of IPG Photonics by 43.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 166 shares during the period. Finally, Kera Capital Partners Inc. raised its position in shares of IPG Photonics by 4.2% in the fourth quarter. Kera Capital Partners Inc. now owns 4,955 shares of the semiconductor company’s stock worth $355,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 93.79% of the company’s stock.

IPG Photonics Trading Up 0.6%

Shares of NASDAQ IPGP opened at $78.20 on Wednesday. IPG Photonics has a 12 month low of $69.41 and a 12 month high of $155.82. The firm has a market capitalization of $3.33 billion, a PE ratio of 120.31, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. The firm has a fifty day simple moving average of $83.64 and a two-hundred day simple moving average of $103.57.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, sell-side analysts predict that IPG Photonics will post 1.87 earnings per share for the current year.

About IPG Photonics

(Get Free Report)

IPG Photonics Corporation develops and manufactures fiber lasers, fiber amplifiers and related photonics products for industrial, medical and other specialized applications. Its portfolio includes high-power, quasi-continuous-wave and pulsed fiber lasers, as well as laser systems, optical components and delivery equipment.

The company’s products are used in materials processing applications such as cutting, welding, marking, drilling, cladding, brazing and additive manufacturing. IPG also serves markets including telecommunications, medical technology, scientific research and consumer electronics, where its optical and laser technologies support precision manufacturing and other specialized processes.

Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics helped expand the use of fiber-based laser technology in industrial applications.

See Also

Analyst Recommendations for IPG Photonics (NASDAQ:IPGP)

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