Heartland Advisors Inc. purchased a new stake in Photronics, Inc. (NASDAQ:PLAB - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 379,795 shares of the semiconductor company's stock, valued at approximately $12,355,000. Heartland Advisors Inc. owned approximately 0.64% of Photronics at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Photronics during the second quarter valued at approximately $308,586,000. LSV Asset Management boosted its stake in shares of Photronics by 14.7% in the fourth quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company's stock worth $92,271,000 after acquiring an additional 370,489 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Photronics by 395.9% in the fourth quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company's stock worth $49,164,000 after acquiring an additional 1,226,588 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Photronics in the first quarter worth approximately $47,902,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Photronics by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,023,766 shares of the semiconductor company's stock worth $32,761,000 after purchasing an additional 33,573 shares in the last quarter. 88.38% of the stock is currently owned by institutional investors and hedge funds.
Photronics Stock Performance
NASDAQ PLAB opened at $30.51 on Friday. The stock's fifty day moving average is $30.93 and its two-hundred day moving average is $37.54. The firm has a market capitalization of $1.80 billion, a P/E ratio of 11.14 and a beta of 1.38. Photronics, Inc. has a fifty-two week low of $20.05 and a fifty-two week high of $56.00.
Photronics (NASDAQ:PLAB - Get Free Report) last issued its 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). The company had revenue of $209.94 million during the quarter, compared to analyst estimates of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.The firm's revenue was down .5% compared to the same quarter last year. During the same period last year, the business earned $0.40 earnings per share. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. As a group, sell-side analysts forecast that Photronics, Inc. will post 1.85 EPS for the current year.
Trending Headlines about Photronics
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
Analyst Ratings Changes
Several research analysts recently commented on the company. Zacks Research raised Photronics to a "hold" rating in a research note on Friday, August 14th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Photronics in a research note on Friday, July 24th. Freedom Capital raised shares of Photronics to a "strong-buy" rating in a report on Thursday, July 2nd. Lake Street Capital reiterated a "buy" rating and issued a $55.00 target price on shares of Photronics in a research report on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Photronics from a "buy" rating to a "hold" rating in a research note on Saturday, June 13th. Two equities 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. According to MarketBeat.com, Photronics currently has a consensus rating of "Buy" and a consensus target price of $49.33.
Check Out Our Latest Report on Photronics
About Photronics
(
Free Report)
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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