Invesco Ltd. Purchases 16,217 Shares of IPG Photonics Corporation $IPGP

Key Points

• Invesco Ltd. increased its stake in IPG Photonics Corporation by 18.2%, owning approximately 0.25% of the company, which amounts to around $6.65 million as of the latest reporting.
• IPG Photonics reported earnings of $0.30 per share for the last quarter, exceeding analysts' expectations, despite a 2.7% decline in revenue year-over-year.
• Analysts have mixed ratings for IPG Photonics, with a consensus of a "Moderate Buy" and a price target averaging $75.00 per share, reflecting varied confidence in the stock's future performance.

Invesco Ltd. increased its stake in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 18.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 105,253 shares of the semiconductor company's stock after purchasing an additional 16,217 shares during the period. Invesco Ltd. owned approximately 0.25% of IPG Photonics worth $6,646,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC acquired a new stake in shares of IPG Photonics in the 1st quarter valued at $39,000. UMB Bank n.a. boosted its stake in IPG Photonics by 107.5% in the first quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock valued at $40,000 after buying an additional 329 shares in the last quarter. Assetmark Inc. boosted its stake in IPG Photonics by 18.1% in the first quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company's stock valued at $101,000 after buying an additional 244 shares in the last quarter. Versant Capital Management Inc boosted its stake in IPG Photonics by 90.7% in the first quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company's stock valued at $115,000 after buying an additional 865 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in IPG Photonics in the fourth quarter valued at about $134,000. 93.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on IPGP. Raymond James Financial dropped their target price on 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. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Sanford C. Bernstein raised IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective on the stock in a research note 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 given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $75.00.

Insider Activity

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

IPG Photonics Trading Down 3.7%

IPGP stock traded down $3.16 during mid-day trading on Friday, reaching $81.82. The company's stock had a trading volume of 211,271 shares, compared to its average volume of 238,280. The company has a market cap of $3.45 billion, a price-to-earnings ratio of -16.70, a price-to-earnings-growth ratio of 23.15 and a beta of 0.88. The business's 50 day moving average price is $75.58 and its 200 day moving average price is $66.69. IPG Photonics Corporation has a 12 month low of $48.59 and a 12 month high of $88.50.

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

About IPG Photonics

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.