Allianz Asset Management GmbH Lowers Stock Holdings in IPG Photonics Corporation $IPGP

Allianz Asset Management GmbH reduced its position in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 4.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 337,749 shares of the semiconductor company's stock after selling 14,916 shares during the quarter. Allianz Asset Management GmbH owned about 0.79% of IPG Photonics worth $39,625,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. First Eagle Investment Management LLC raised its position in shares of IPG Photonics by 0.3% in the fourth quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company's stock worth $321,277,000 after buying an additional 12,344 shares in the last quarter. California State Teachers Retirement System increased its stake in IPG Photonics by 12,027.2% in the 2nd quarter. California State Teachers Retirement System now owns 3,607,121 shares of the semiconductor company's stock worth $423,187,000 after acquiring an additional 3,577,377 shares during the last quarter. BlackRock Inc. bought a new position in IPG Photonics in the 2nd quarter worth about $334,429,000. Dimensional Fund Advisors LP raised its holdings in shares of IPG Photonics by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,815,042 shares of the semiconductor company's stock valued at $129,960,000 after acquiring an additional 59,178 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of IPG Photonics by 53.7% during the 2nd quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company's stock valued at $67,101,000 after acquiring an additional 341,773 shares during the last quarter. Hedge funds and other institutional investors own 93.79% of the company's stock.

IPG Photonics Stock Performance

IPGP stock opened at $78.00 on Tuesday. The company has a market capitalization of $3.32 billion, a PE ratio of 120.00, a price-to-earnings-growth ratio of 2.01 and a beta of 0.98. IPG Photonics Corporation has a one year low of $69.41 and a one year high of $155.82. The company's 50 day moving average price is $90.02 and its two-hundred day moving average price is $107.87.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its 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. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The company had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. During the same quarter last year, the firm earned $0.16 EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, research analysts predict that IPG Photonics Corporation will post 1.87 EPS for the current year.

Insider Buying and Selling

In related news, major shareholder Valentin Gapontsev Trust I sold 9,306 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $75.95, for a total transaction of $706,790.70. Following the completion of the sale, the insider directly owned 6,642,886 shares in the company, valued at $504,527,191.70. This represents a 0.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Peeler purchased 2,710 shares of IPG Photonics stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average price of $73.58 per share, for a total transaction of $199,401.80. Following the completion of the transaction, the director owned 20,886 shares in the company, valued at $1,536,791.88. The trade was a 14.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 211,285 shares of company stock worth $20,320,899. Insiders own 37.50% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on IPGP shares. Roth Capital reiterated a "buy" rating and set a $151.00 target price on shares of IPG Photonics in a research report on Tuesday, May 19th. Citigroup decreased their price target on shares of IPG Photonics from $150.00 to $137.00 and set a "buy" rating on the stock in a report on Tuesday, August 11th. Needham & Company LLC raised their price objective 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. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of IPG Photonics in a report on Wednesday, June 24th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $142.60.

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.

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