First Eagle Investment Management LLC Lowers Stock Holdings in IPG Photonics Corporation $IPGP

Key Points

• First Eagle Investment Management cut its IPG Photonics stake by 27.3%, selling 1.25 million shares and retaining 3.34 million shares worth approximately $391.7 million. Institutional investors collectively own 93.79% of the company.
• Analysts maintain a generally positive outlook, with five Buy, two Hold, and one Sell rating, producing a consensus “Moderate Buy” rating and an average price target of $142.60.
• IPG Photonics reported quarterly EPS of $0.58, exceeding the $0.37 consensus estimate, while revenue rose 11.1% year over year to $278.6 million. Shares opened at $78, near the lower end of their 52-week range.

First Eagle Investment Management LLC lowered its position in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 27.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,338,881 shares of the semiconductor company's stock after selling 1,254,468 shares during the period. First Eagle Investment Management LLC owned about 7.85% of IPG Photonics worth $391,718,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IPGP. California State Teachers Retirement System boosted its stake in shares of IPG Photonics by 12,027.2% in the second 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 period. BlackRock Inc. bought a new stake in IPG Photonics during the 2nd quarter valued at approximately $334,429,000. Dimensional Fund Advisors LP raised its stake in IPG Photonics by 3.4% during 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 purchasing an additional 59,178 shares during the period. AQR Capital Management LLC lifted its holdings in IPG Photonics by 53.7% in the 2nd quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company's stock worth $67,101,000 after purchasing an additional 341,773 shares in the last quarter. Finally, State Street Corp lifted its holdings in IPG Photonics by 1.7% in the 4th quarter. State Street Corp now owns 805,435 shares of the semiconductor company's stock worth $57,669,000 after purchasing an additional 13,092 shares in the last quarter. 93.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on IPGP. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of IPG Photonics in a report on Wednesday, June 24th. Citigroup lowered their target price 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 upped their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Finally, Roth Capital reiterated a "buy" rating and issued a $151.00 price target on shares of IPG Photonics in a report on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $142.60.

IPG Photonics Stock Performance

Shares of IPGP opened at $78.00 on Monday. The stock has a market capitalization of $3.32 billion, a PE ratio of 120.00, a P/E/G ratio of 2.01 and a beta of 0.98. The company's fifty day moving average is $90.68 and its 200 day moving average is $108.27. IPG Photonics Corporation has a fifty-two week low of $69.41 and a fifty-two week high of $155.82.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.21. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The business had revenue of $278.58 million during the quarter, compared to analysts' expectations of $279.98 million. During the same period last year, the company posted $0.16 EPS. 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, research analysts forecast that IPG Photonics Corporation will post 1.87 earnings per share for the current year.

Insider Buying and Selling

In related news, Director John R. Peeler purchased 2,710 shares of the firm's 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 acquisition, the director owned 20,886 shares of the company's stock, valued at approximately $1,536,791.88. This represents a 14.91% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Valentin Gapontsev Trust I sold 9,306 shares of the firm's stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $75.95, for a total value of $706,790.70. Following the completion of the sale, the insider owned 6,642,886 shares of the company's stock, valued at approximately $504,527,191.70. This represents a 0.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 211,285 shares of company stock valued at $20,320,899. 37.50% of the stock is currently owned by company insiders.

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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