IPG Photonics Corporation $IPGP Shares Purchased by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in IPG Photonics by 43.4% in Q1, now owning 31,671 shares valued at approximately $2,000,000.
• IPG Photonics reported an EPS of $0.30 for the quarter, significantly surpassing analysts' estimates of $0.10, despite a 2.7% decline in revenue year-over-year.
• IPG Photonics shares opened at $75.72, with a 52-week high of $88.50 and a bearish price-to-earnings ratio of -15.45.

Fuller & Thaler Asset Management Inc. raised its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 43.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,671 shares of the semiconductor company's stock after purchasing an additional 9,591 shares during the period. Fuller & Thaler Asset Management Inc. owned 0.07% of IPG Photonics worth $2,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IPGP. Cerity Partners LLC lifted its stake in shares of IPG Photonics by 5.7% in the fourth quarter. Cerity Partners LLC now owns 3,030 shares of the semiconductor company's stock worth $222,000 after buying an additional 163 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of IPG Photonics by 11.6% in the fourth quarter. Bank of Montreal Can now owns 3,219 shares of the semiconductor company's stock worth $234,000 after buying an additional 335 shares in the last quarter. Sterling Capital Management LLC lifted its stake in shares of IPG Photonics by 52.8% in the fourth quarter. Sterling Capital Management LLC now owns 1,656 shares of the semiconductor company's stock worth $120,000 after buying an additional 572 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of IPG Photonics in the fourth quarter worth about $3,989,000. Finally, Canada Pension Plan Investment Board purchased a new position in shares of IPG Photonics in the fourth quarter worth about $415,000. 93.79% of the stock is owned by hedge funds and other institutional investors.

IPG Photonics Trading Up 1.7%

IPG Photonics stock traded up $1.37 during midday trading on Tuesday, hitting $83.08. 17,740 shares of the stock were exchanged, compared to its average volume of 296,125. IPG Photonics Corporation has a fifty-two week low of $48.59 and a fifty-two week high of $88.50. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of -16.90, a PEG ratio of 23.53 and a beta of 0.88. The stock's 50-day simple moving average is $74.23 and its 200 day simple moving average is $66.18.

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 (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $250.72 million during the quarter, compared to analysts' expectations of $228.20 million. During the same period last year, the business earned $0.45 earnings per share. IPG Photonics's revenue was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Equities analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on IPGP. Raymond James Financial decreased their price target on shares of IPG Photonics from $80.00 to $70.00 and set a "strong-buy" rating on the stock in a research note on Wednesday, May 7th. Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price target on the stock in a research note on Thursday, August 7th. Wall Street Zen upgraded shares of IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Stifel Nicolaus set a $72.00 price objective on shares of IPG Photonics in a research report on Monday, April 28th. One 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $75.00.

Insider Buying and Selling at IPG Photonics

In other IPG Photonics news, Director Jeanmarie F. Desmond sold 1,360 shares of IPG Photonics stock in a transaction dated 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 sale, the director directly owned 9,740 shares in the company, valued at $742,577.60. This trade represents a 12.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 39.50% of the stock is currently owned by corporate insiders.

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.