Charles Schwab Investment Management Inc. Has $23.84 Million Stock Holdings in 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. grew its stake in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 2.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 approximately 0.88% of IPG Photonics worth $23,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Merit Financial Group LLC acquired a new stake in shares of IPG Photonics in the first quarter valued at $343,000. Retirement Systems of Alabama lifted 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 valued at $13,611,000 after purchasing an additional 36,648 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in IPG Photonics by 194.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,568 shares of the semiconductor company's stock valued at $794,000 after purchasing an additional 8,294 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of IPG Photonics during the 4th quarter valued at approximately $298,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of IPG Photonics by 10.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 86,725 shares of the semiconductor company's stock worth $6,307,000 after purchasing an additional 8,041 shares in the last quarter. 93.79% of the stock is currently owned by institutional investors and hedge funds.

IPG Photonics Stock Performance

Shares of NASDAQ:IPGP traded down $0.58 during midday trading on Monday, reaching $81.58. 55,992 shares of the company's stock were exchanged, compared to its average volume of 297,203. The firm has a market capitalization of $3.44 billion, a PE ratio of -16.69, a price-to-earnings-growth ratio of 23.53 and a beta of 0.88. IPG Photonics Corporation has a 12 month low of $48.59 and a 12 month high of $88.50. The company's 50 day simple moving average is $73.96 and its two-hundred day simple moving average is $66.09.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last announced 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. 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 the consensus estimate of $228.20 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The company'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, research analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insiders Place Their Bets

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 value 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 39.50% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on IPGP. Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective for the company in a research note on Thursday, August 7th. Raymond James Financial dropped their target price on shares of 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 raised 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 target price on shares of IPG Photonics in a research report on Monday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $75.00.

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.