133,896 Shares in Photronics, Inc. $PLAB Bought by Legal & General Group Plc

Legal & General Group Plc acquired a new stake in shares of Photronics, Inc. (NASDAQ:PLAB - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 133,896 shares of the semiconductor company's stock, valued at approximately $4,356,000. Legal & General Group Plc owned approximately 0.23% of Photronics as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. K.J. Harrison & Partners Inc purchased a new position in shares of Photronics in the fourth quarter worth approximately $960,000. Vaughan Nelson Investment Management L.P. purchased a new stake in Photronics during the first quarter valued at approximately $47,902,000. BlackRock Inc. purchased a new stake in Photronics during the second quarter valued at approximately $308,586,000. Decker Retirement Planning Inc. bought a new position in Photronics in the first quarter worth approximately $3,935,000. Finally, Kendall Capital Management bought a new position in Photronics in the second quarter worth approximately $1,432,000. Institutional investors own 88.38% of the company's stock.

Photronics Price Performance

Shares of NASDAQ PLAB opened at $29.13 on Friday. The company has a market cap of $1.72 billion, a P/E ratio of 10.26 and a beta of 1.35. Photronics, Inc. has a 1 year low of $20.05 and a 1 year high of $56.00. The firm has a 50-day simple moving average of $30.24 and a two-hundred day simple moving average of $36.99.

Photronics (NASDAQ:PLAB - Get Free Report) last issued its earnings results on Wednesday, August 26th. The semiconductor company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.10. Photronics had a net margin of 19.05% and a return on equity of 7.45%. The firm had revenue of $216.05 million during the quarter, compared to analyst estimates of $208.75 million. During the same period in the previous year, the firm earned $0.51 earnings per share. The business's revenue was up 2.7% on a year-over-year basis. Photronics has set its Q4 2026 guidance at 0.400-0.560 EPS. As a group, equities research analysts expect that Photronics, Inc. will post 1.85 EPS for the current year.

Photronics News Roundup

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Photronics recently reported quarterly EPS of $0.50, exceeding the $0.40 consensus estimate, while revenue of $216.1 million also topped expectations. Revenue increased 2.7% year over year, and management’s fourth-quarter EPS guidance of $0.40–$0.56 suggests continued profitability.
• Neutral Sentiment: Multiple law firms, including Kaplan Fox, Rosen, Hagens Berman, Faruqi & Faruqi, and others, reminded investors of the September 4, 2026 deadline to seek lead-plaintiff status in a previously filed federal securities class action. These notices largely repeat the same information rather than representing separate lawsuits or new company operating results. Kaplan Fox deadline notice
• Negative Sentiment: The lawsuit covers investors who acquired Photronics securities from December 10, 2025, through May 27, 2026. The complaints allege that Photronics misled investors about demand and the outlook for its high-end integrated-circuit photomask product line, potentially exposing the company to litigation costs, reputational damage, and shareholder claims. The allegations have not been proven. Hagens Berman lawsuit notice

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Freedom Capital raised Photronics to a "strong-buy" rating in a research report on Thursday, July 2nd. Craig Hallum reiterated a "buy" rating on shares of Photronics in a research note on Friday, May 29th. Weiss Ratings downgraded Photronics from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday. Zacks Research raised Photronics to a "hold" rating in a report on Friday, August 14th. Finally, Wall Street Zen downgraded Photronics from a "buy" rating to a "hold" rating in a research note on Saturday, June 13th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Photronics currently has a consensus rating of "Moderate Buy" and a consensus target price of $49.33.

Photronics 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.

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