Royal Bank of Canada Purchases 20,703 Shares of IPG Photonics Corporation $IPGP

Royal Bank of Canada grew its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 115.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,662 shares of the semiconductor company’s stock after acquiring an additional 20,703 shares during the quarter. Royal Bank of Canada’s holdings in IPG Photonics were worth $4,430,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Castleark Management LLC increased its stake in IPG Photonics by 56.3% during the 1st quarter. Castleark Management LLC now owns 60,456 shares of the semiconductor company’s stock valued at $6,928,000 after purchasing an additional 21,766 shares in the last quarter. Rice Hall James & Associates LLC lifted its stake in shares of IPG Photonics by 10.0% in the first quarter. Rice Hall James & Associates LLC now owns 32,356 shares of the semiconductor company’s stock valued at $3,708,000 after buying an additional 2,932 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of IPG Photonics by 173.8% during the first quarter. Renaissance Technologies LLC now owns 85,700 shares of the semiconductor company’s stock valued at $9,820,000 after buying an additional 54,400 shares during the last quarter. Hilltop Holdings Inc. acquired a new position in shares of IPG Photonics during the first quarter valued at about $347,000. Finally, Public Employees Retirement System of Ohio increased its position in shares of IPG Photonics by 256.0% during the first quarter. Public Employees Retirement System of Ohio now owns 29,287 shares of the semiconductor company’s stock worth $3,356,000 after acquiring an additional 21,061 shares in the last quarter. 93.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wall Street Zen lowered IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Stifel Nicolaus decreased their price target on IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Zacks Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Citigroup dropped their price objective on IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.60.

IPG Photonics Trading Down 3.9%

IPGP stock opened at $83.94 on Friday. The stock has a market cap of $3.57 billion, a P/E ratio of 129.14, a P/E/G ratio of 2.36 and a beta of 0.96. The stock’s fifty day simple moving average is $101.85 and its two-hundred day simple moving average is $111.91. IPG Photonics Corporation has a 1-year low of $71.38 and a 1-year high of $155.82.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.21. The business had revenue of $278.58 million during the quarter, compared to the consensus estimate of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, analysts forecast that IPG Photonics Corporation will post 1.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In other IPG Photonics news, Director Tang Agnes sold 1,511 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $117.85, for a total transaction of $178,071.35. Following the sale, the director owned 9,588 shares in the company, valued at $1,129,945.80. This represents a 13.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $86.61, for a total transaction of $131,993.64. Following the completion of the sale, the director directly owned 48,210 shares in the company, valued at approximately $4,175,468.10. The trade was a 3.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 193,863 shares of company stock worth $19,449,856 in the last 90 days. 37.50% of the stock is currently owned by company insiders.

About IPG Photonics

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.