IPG Photonics Corporation $IPGP Shares Acquired by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its stake in IPG Photonics Corporation by 126.6%, acquiring an additional 118,827 shares, leading to total holdings of 212,693 shares worth approximately $13.4 million.
• IPG Photonics reported earnings of $0.30 per share for the most recent quarter, exceeding analysts' expectations of $0.10, but showed a 2.7% decline in revenue year-over-year.
• Equities analysts have varied ratings on IPG Photonics, with Sanford C. Bernstein upgrading the stock to an "outperform" rating and setting a price target of $97.00.

American Century Companies Inc. grew its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 126.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 212,693 shares of the semiconductor company's stock after buying an additional 118,827 shares during the period. American Century Companies Inc. owned 0.50% of IPG Photonics worth $13,429,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC purchased a new stake in IPG Photonics during the 1st quarter worth $343,000. Deutsche Bank AG boosted its position in IPG Photonics by 699.2% in the 1st quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company's stock valued at $3,660,000 after buying an additional 50,711 shares during the last quarter. Retirement Systems of Alabama boosted its position in IPG Photonics by 20.5% in the 1st quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company's stock valued at $13,611,000 after buying an additional 36,648 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in IPG Photonics by 194.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,568 shares of the semiconductor company's stock valued at $794,000 after buying an additional 8,294 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in IPG Photonics in the 4th quarter valued at about $298,000. 93.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Trevor Ness sold 1,678 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $82.94, for a total transaction of $139,173.32. Following the sale, the senior vice president owned 42,243 shares in the company, valued at $3,503,634.42. This represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $76.24, for a total transaction of $103,686.40. Following the sale, the director owned 9,740 shares in the company, valued at approximately $742,577.60. This trade represents a 12.25% decrease in their position. The disclosure for this sale can be found here. 39.50% of the stock is owned by corporate insiders.

IPG Photonics Trading Up 1.6%

IPGP traded up $1.35 on Thursday, hitting $84.98. 315,382 shares of the company's stock were exchanged, compared to its average volume of 235,165. The firm has a market cap of $3.59 billion, a PE ratio of -17.34, a P/E/G ratio of 23.95 and a beta of 0.88. IPG Photonics Corporation has a twelve month low of $48.59 and a twelve month high of $88.50. The stock has a fifty day moving average of $75.26 and a two-hundred day moving average of $66.53.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.20. The firm had revenue of $250.72 million for the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. IPG Photonics's quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, analysts predict that IPG Photonics Corporation will post 1.54 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Raymond James Financial decreased their price objective on shares of IPG Photonics from $80.00 to $70.00 and set a "strong-buy" rating for the company in a research report on Wednesday, May 7th. Finally, Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective for the company in a research report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $75.00.

IPG Photonics Profile

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.