IPG Photonics Corporation $IPGP Shares Bought by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in IPG Photonics Corporation by 38.7%, owning nearly 0.45% of the company, valued at approximately $12 million.
• IPG Photonics reported earnings of $0.30 per share, beating expectations, but experienced a 2.7% year-over-year decline in revenue.
• Recent analyst ratings for IPG Photonics include one Strong Buy, three Buy, three Hold, and one Sell, with a consensus target price of $75.00.

Hotchkis & Wiley Capital Management LLC increased its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 38.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 189,992 shares of the semiconductor company's stock after buying an additional 52,980 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned 0.45% of IPG Photonics worth $11,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Merit Financial Group LLC purchased a new position in IPG Photonics during the 1st quarter worth $343,000. Deutsche Bank AG grew its stake in IPG Photonics by 699.2% during the 1st quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company's stock valued at $3,660,000 after purchasing an additional 50,711 shares during the last quarter. Retirement Systems of Alabama grew its stake in IPG Photonics by 20.5% during the 1st 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 last quarter. Wealth Enhancement Advisory Services LLC grew its stake in IPG Photonics by 194.1% during the 1st 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 last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in IPG Photonics during the 4th quarter valued at about $298,000. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at IPG Photonics

In other news, Director Jeanmarie F. Desmond sold 1,360 shares of the firm'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 value of $103,686.40. Following the transaction, the director 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 39.50% of the stock is currently owned by company insiders.

IPG Photonics Price Performance

NASDAQ IPGP traded up $1.35 during trading hours on Thursday, reaching $84.98. The company's stock had a trading volume of 314,856 shares, compared to its average volume of 297,512. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of -17.34, a P/E/G ratio of 23.81 and a beta of 0.88. The company's 50-day moving average is $74.90 and its two-hundred day moving average is $66.41. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $88.50.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.20. The business had revenue of $250.72 million for 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 business's quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Equities analysts forecast that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Analysts Set New Price Targets

IPGP has been the topic of several research analyst reports. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Raymond James Financial lowered their target price on 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. Finally, Sanford C. Bernstein upgraded IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 target price on the stock in a research note on Thursday, August 7th. One investment 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $75.00.

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.