70,596 Shares in Photronics, Inc. $PLAB Bought by Deutsche Bank AG

Key Points

• Deutsche Bank AG bought 70,596 Photronics shares during the second quarter, establishing a position valued at approximately $2.3 million and representing about 0.12% of the company.
• Institutional ownership remains high at 88.38%, with several major investors adding to their positions, including LSV Asset Management and Denali Advisors.
• Photronics exceeded quarterly expectations, reporting $0.50 in EPS and $216.05 million in revenue, while analysts maintain an average “Buy” rating and a $49.33 price target.

Deutsche Bank AG bought a new position in Photronics, Inc. (NASDAQ:PLAB - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 70,596 shares of the semiconductor company's stock, valued at approximately $2,296,000. Deutsche Bank AG owned approximately 0.12% of Photronics as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PLAB. K.J. Harrison & Partners Inc bought a new stake in shares of Photronics during the fourth quarter valued at approximately $960,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of Photronics in the 1st quarter worth $47,902,000. Decker Retirement Planning Inc. bought a new position in shares of Photronics in the 1st quarter worth $3,935,000. LSV Asset Management grew its position in Photronics by 14.7% in the 4th quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company's stock valued at $92,271,000 after purchasing an additional 370,489 shares during the period. Finally, Denali Advisors LLC grew its position in Photronics by 33.2% in the 4th quarter. Denali Advisors LLC now owns 313,404 shares of the semiconductor company's stock valued at $10,029,000 after purchasing an additional 78,166 shares during the period. 88.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on PLAB. Craig Hallum restated a "buy" rating on shares of Photronics in a report on Friday, May 29th. Freedom Capital upgraded shares of Photronics to a "strong-buy" rating in a report on Thursday, July 2nd. Zacks Research raised shares of Photronics to a "hold" rating in a research report on Friday, August 14th. Lake Street Capital restated a "buy" rating and issued a $55.00 target price on shares of Photronics in a report on Friday, May 1st. Finally, Wall Street Zen cut shares of Photronics from a "buy" rating to a "hold" rating in a research report on Saturday, June 13th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Photronics presently has an average rating of "Buy" and an average price target of $49.33.

Photronics Price Performance

Shares of PLAB stock opened at $30.26 on Friday. The firm has a 50-day moving average of $30.76 and a 200-day moving average of $37.40. Photronics, Inc. has a one year low of $20.05 and a one year high of $56.00. The company has a market cap of $1.78 billion, a P/E ratio of 10.65 and a beta of 1.38.

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

More Photronics News

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Q3 earnings and revenue beat estimates. Photronics reported adjusted EPS of $0.50 versus the $0.40 consensus estimate and revenue of approximately $216.1 million versus expectations of $208.8 million. Revenue increased 2.7% year over year, while GAAP diluted EPS was $0.49. Photronics Reports Third Quarter 2026 Results
• Positive Sentiment: Higher-end chip-mask demand showed improvement. Management said delayed semiconductor design releases recovered during the quarter, helping results, while high-end integrated-circuit products reached a record 44% of IC revenue. IC revenue rose 5% year over year and sequentially to $154.7 million. Photronics Q3 Earnings Call Highlights High-End IC Recovery
• Positive Sentiment: Fourth-quarter guidance indicates continued demand resilience. Photronics forecast revenue of $207 million to $227 million and non-GAAP EPS of $0.40 to $0.56. The midpoint of the revenue outlook is broadly in line with analyst expectations, while the EPS midpoint is above the consensus estimate cited in the reports.
• Neutral Sentiment: Institutional positioning is mixed. Recent filings showed some large investors increasing holdings while others reduced exposure. The company ended the quarter with approximately $672.8 million in cash, cash equivalents and short-term investments, providing financial flexibility.
• Negative Sentiment: Several law firms publicized a securities class action against Photronics. The case covers investors who purchased shares between December 10, 2025, and May 27, 2026, and alleges that the company and certain officers made misleading disclosures about bottlenecks and demand in its high-end IC photomask business. The allegations have not been proven. The lead-plaintiff deadline is September 4, 2026. Photronics Class Action Deadline Pomerantz Investor Alert
• Negative Sentiment: Reported insider activity may temper sentiment. Data cited in the coverage showed 27 open-market insider sales and no purchases during the past six months, including sales by senior executives. While such transactions may reflect personal or compensation-related decisions, the absence of insider buying is a cautionary signal for investors.

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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