Algert Global LLC Buys 17,550 Shares of IPG Photonics Corporation $IPGP

Algert Global LLC lifted its position in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 268.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,080 shares of the semiconductor company's stock after purchasing an additional 17,550 shares during the period. Algert Global LLC owned 0.06% of IPG Photonics worth $2,825,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IPGP. Caitong International Asset Management Co. Ltd lifted its holdings in shares of IPG Photonics by 184.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company's stock worth $33,000 after buying an additional 295 shares during the period. Rockefeller Capital Management L.P. lifted its stake in IPG Photonics by 43.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 166 shares during the period. Global Retirement Partners LLC lifted its stake in IPG Photonics by 428.9% in the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company's stock worth $48,000 after acquiring an additional 549 shares during the period. Hantz Financial Services Inc. grew its holdings in IPG Photonics by 332.9% during the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company's stock worth $49,000 after acquiring an additional 526 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in IPG Photonics during the 2nd quarter worth about $87,000. Institutional investors own 93.79% of the company's stock.

IPG Photonics Trading Down 0.9%

IPGP stock opened at $76.53 on Friday. IPG Photonics Corporation has a 12-month low of $69.41 and a 12-month high of $155.82. The business's 50-day moving average is $94.05 and its 200 day moving average is $110.37. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 117.74, a PEG ratio of 2.05 and a beta of 0.96.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its quarterly earnings results 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. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. During the same period in the previous year, the company posted $0.16 earnings per share. The business's revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, equities analysts forecast that IPG Photonics Corporation will post 1.82 EPS for the current fiscal year.

Insider Activity at IPG Photonics

In other IPG Photonics news, Director John R. Peeler purchased 2,710 shares of the stock in a transaction dated Wednesday, August 26th. The stock was acquired at an average cost of $73.58 per share, for a total transaction of $199,401.80. Following the acquisition, the director owned 20,886 shares in the company, valued at $1,536,791.88. This trade represents a 14.91% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eugene A. Scherbakov sold 1,524 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $86.61, for a total value 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 183,888 shares of company stock valued at $18,254,751 in the last three months. Company insiders own 37.50% of the company's stock.

Analyst Upgrades and Downgrades

IPGP has been the subject of a number of recent research reports. Stifel Nicolaus reduced their price objective on shares of IPG Photonics from $165.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Roth Capital reiterated a "buy" rating and issued a $151.00 target price on shares of IPG Photonics in a research note on Tuesday, May 19th. Wall Street Zen downgraded shares of IPG Photonics from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Finally, Needham & Company LLC increased their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the company a "buy" rating in a research report on Friday, July 17th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, IPG Photonics presently has a consensus rating of "Moderate Buy" and an average price target of $142.60.

IPG Photonics Company Profile

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.

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