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

Other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC purchased a new position in IPG Photonics during the 1st quarter worth approximately $39,000. UMB Bank n.a. boosted its position in IPG Photonics by 107.5% in 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 in the last quarter. Assetmark Inc. grew its stake in shares of 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 period. Versant Capital Management Inc grew its stake in shares of 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 period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of IPG Photonics during the 4th quarter worth approximately $134,000. 93.79% of the stock is currently owned by institutional investors and hedge funds.

IPG Photonics Stock Down 2.2%

NASDAQ IPGP traded down $1.83 on Friday, hitting $83.15. 55,079 shares of the stock were exchanged, compared to its average volume of 296,009. IPG Photonics Corporation has a fifty-two week low of $48.59 and a fifty-two week high of $88.50. The company has a 50-day moving average price of $75.26 and a 200-day moving average price of $66.53. The company has a market cap of $3.51 billion, a PE ratio of -16.94, a PEG ratio of 23.95 and a beta of 0.88.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. The business had revenue of $250.72 million for the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.The company's revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter 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 research analysts predict that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Trevor Ness sold 1,678 shares of IPG Photonics stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $82.94, for a total transaction of $139,173.32. Following the completion of the transaction, the senior vice president directly owned 42,243 shares in the company, valued at $3,503,634.42. The trade was a 3.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jeanmarie F. Desmond sold 1,360 shares of IPG Photonics 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 of the company's stock, valued at $742,577.60. This represents a 12.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 39.50% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on IPGP shares. Sanford C. Bernstein raised shares of 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. Raymond James Financial reduced their target price on IPG Photonics from $80.00 to $70.00 and set a "strong-buy" rating for the company in a research note on Wednesday, May 7th. Finally, Wall Street Zen raised IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. 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 issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $75.00.

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.