Legal & General Group Plc Invests $35.11 Million in IPG Photonics Corporation $IPGP

Legal & General Group Plc acquired a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 299,293 shares of the semiconductor company’s stock, valued at approximately $35,113,000. Legal & General Group Plc owned 0.70% of IPG Photonics as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. First Eagle Investment Management LLC lifted its stake in shares of IPG Photonics by 0.3% during the 4th quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company’s stock worth $321,277,000 after purchasing an additional 12,344 shares during the period. BlackRock Inc. acquired a new position in IPG Photonics in the second quarter valued at $334,429,000. Dimensional Fund Advisors LP lifted its position in IPG Photonics by 3.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,815,042 shares of the semiconductor company’s stock worth $129,960,000 after buying an additional 59,178 shares during the period. AQR Capital Management LLC lifted its position in IPG Photonics by 53.7% during the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock worth $67,101,000 after buying an additional 341,773 shares during the period. Finally, State Street Corp boosted its stake in IPG Photonics by 1.7% in the 4th quarter. State Street Corp now owns 805,435 shares of the semiconductor company’s stock worth $57,669,000 after buying an additional 13,092 shares during the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on IPGP. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Roth Capital reaffirmed a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research report on Tuesday, May 19th. Needham & Company LLC increased their price target on shares of IPG Photonics from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Stifel Nicolaus decreased their price target on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Zacks Research cut shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Five 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $142.60.

IPG Photonics Stock Performance

Shares of NASDAQ:IPGP opened at $76.53 on Friday. IPG Photonics Corporation has a 1 year low of $69.41 and a 1 year high of $155.82. The stock has a market capitalization of $3.25 billion, a P/E ratio of 117.74, a PEG ratio of 2.05 and a beta of 0.96. The stock has a 50-day simple moving average of $94.05 and a 200-day simple moving average of $110.37.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.37 by $0.21. The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. IPG Photonics’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Analysts predict that IPG Photonics Corporation will post 1.82 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Eugene A. Scherbakov sold 1,524 shares of the company’s stock in a transaction on Friday, July 31st. The shares were 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 of the company’s stock, valued at approximately $4,175,468.10. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Peeler purchased 2,710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average price of $73.58 per share, with a total value of $199,401.80. Following the completion of the acquisition, the director owned 20,886 shares in the company, valued at $1,536,791.88. This represents a 14.91% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have sold 183,888 shares of company stock valued at $18,254,751. 37.50% of the stock is owned by corporate 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.