Charles Schwab Investment Management Inc. Buys 7,978 Shares of IPG Photonics Corporation $IPGP

Key Points

• Charles Schwab Investment Management Inc. increased its stake in IPG Photonics by 2.2%, owning 377,598 shares worth approximately $23.8 million at the end of the last reporting period.
• IPG Photonics reported $0.30 EPS for the quarter, exceeding analysts' estimates and indicating a positive return on equity of 2.25%, although revenue was down 2.7% year-over-year.
• Following recent trading activity, IPGP stock's price target was adjusted by various analysts, with some upgrades leading to a consensus rating of "Moderate Buy" and a price target of $75.00.

Charles Schwab Investment Management Inc. raised its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 2.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 377,598 shares of the semiconductor company's stock after purchasing an additional 7,978 shares during the period. Charles Schwab Investment Management Inc. owned 0.88% of IPG Photonics worth $23,842,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Larson Financial Group LLC bought a new position in IPG Photonics during the 1st quarter worth $39,000. UMB Bank n.a. raised its position in IPG Photonics by 107.5% during the 1st quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 329 shares during the last quarter. Assetmark Inc. raised its position in IPG Photonics by 18.1% during the 1st quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company's stock worth $101,000 after purchasing an additional 244 shares during the last quarter. Sterling Capital Management LLC raised its position in IPG Photonics by 52.8% during the 4th quarter. Sterling Capital Management LLC now owns 1,656 shares of the semiconductor company's stock worth $120,000 after purchasing an additional 572 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in IPG Photonics by 90.7% during the 1st quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company's stock worth $115,000 after purchasing an additional 865 shares during the last quarter. 93.79% of the stock is owned by institutional investors.

IPG Photonics Trading Up 1.8%

IPG Photonics stock traded up $1.44 during midday trading on Tuesday, reaching $83.15. The stock had a trading volume of 336,502 shares, compared to its average volume of 232,024. IPG Photonics Corporation has a 12 month low of $48.59 and a 12 month high of $88.50. The company has a market capitalization of $3.51 billion, a P/E ratio of -16.97, a PEG ratio of 23.40 and a beta of 0.88. The company has a fifty day moving average price of $74.56 and a two-hundred day moving average price of $66.29.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.The business had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. During the same period in the previous year, the company posted $0.45 EPS. The firm'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. On average, equities research analysts predict that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on IPGP. Sanford C. Bernstein raised 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. Raymond James Financial lowered 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. Stifel Nicolaus set a $72.00 target price on IPG Photonics in a research report on Monday, April 28th. Finally, Wall Street Zen raised IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $75.00.

Insider Buying and Selling

In related news, Director Jeanmarie F. Desmond sold 1,360 shares of the business's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $76.24, for a total value of $103,686.40. Following the completion of the sale, the director directly owned 9,740 shares of the company's stock, valued at $742,577.60. The trade was a 12.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 39.50% of the stock is owned by 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.