Eaton Financial Holdings Company LLC Acquires New Position in IPG Photonics Corporation $IPGP

Key Points

• Eaton Financial Holdings Company LLC has acquired a new stake in IPG Photonics Corporation, purchasing 5,697 shares valued at approximately $391,000 during the second quarter.
• IPG Photonics has received a consensus rating of "Moderate Buy" from analysts, with a target price of $75.00 and recent upgrades from "market perform" to "outperform."
• During the last quarter, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics, a transaction valued at approximately $4.2 million.

Eaton Financial Holdings Company LLC acquired a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,697 shares of the semiconductor company's stock, valued at approximately $391,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Alliancebernstein L.P. grew its position in IPG Photonics by 1,918.3% during the first quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company's stock valued at $90,242,000 after purchasing an additional 1,358,428 shares in the last quarter. AQR Capital Management LLC lifted its stake in IPG Photonics by 188.6% in the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company's stock valued at $40,208,000 after acquiring an additional 416,186 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in IPG Photonics by 2.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company's stock worth $23,842,000 after acquiring an additional 7,978 shares in the last quarter. Exchange Traded Concepts LLC grew its position in IPG Photonics by 19.6% in the first quarter. Exchange Traded Concepts LLC now owns 272,454 shares of the semiconductor company's stock worth $17,203,000 after acquiring an additional 44,712 shares in the last quarter. Finally, Retirement Systems of Alabama grew its position in IPG Photonics by 20.5% in the first quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company's stock worth $13,611,000 after acquiring an additional 36,648 shares in the last quarter. 93.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

IPGP has been the subject of several recent research reports. Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 target price for the company in a research report on Thursday, August 7th. Wall Street Zen raised shares of IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $75.00.

IPG Photonics Stock Performance

Shares of IPGP stock opened at $81.36 on Tuesday. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $88.50. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of -16.60, a P/E/G ratio of 22.57 and a beta of 0.95. The firm has a fifty day moving average of $78.86 and a 200-day moving average of $68.93.

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

Insider Buying and Selling at IPG Photonics

In other news, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $80.71, for a total value of $4,222,747.20. Following the completion of the transaction, the insider owned 7,073,279 shares in the company, valued at approximately $570,884,348.09. This represents a 0.73% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $76.24, for a total transaction of $103,686.40. Following the completion of the transaction, the director owned 9,740 shares of the company's stock, valued at approximately $742,577.60. This represents a 12.25% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 135,383 shares of company stock worth $10,998,496. Corporate insiders own 39.50% of the company's stock.

IPG Photonics Company 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.

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