IPG Photonics Corporation $IPGP Stock Holdings Increased by Schaper Benz & Wise Investment Counsel Inc. WI

Key Points

• Schaper Benz & Wise Investment Counsel Inc. increased its holdings in IPG Photonics Corporation by 7.5%, owning approximately 0.20% of the company, valued at $5.79 million.
• Insider transactions included significant sales by major shareholders, with Fibre Devices Ltd Ip selling 35,000 shares and Valentin Gapontsev Trust I selling 52,320 shares, indicating a total decrease in ownership.
• IPG Photonics reported earnings of $0.30 per share for its most recent quarter, surpassing estimates, while its stock experienced a 3.0% decline recently.

Schaper Benz & Wise Investment Counsel Inc. WI raised its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 7.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,359 shares of the semiconductor company's stock after acquiring an additional 5,858 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI owned approximately 0.20% of IPG Photonics worth $5,791,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Greatmark Investment Partners Inc. raised its stake in IPG Photonics by 43.5% during the 2nd quarter. Greatmark Investment Partners Inc. now owns 33,956 shares of the semiconductor company's stock valued at $2,331,000 after acquiring an additional 10,295 shares in the last quarter. Pacific Heights Asset Management LLC increased its position in shares of IPG Photonics by 161.5% during the 2nd quarter. Pacific Heights Asset Management LLC now owns 170,000 shares of the semiconductor company's stock valued at $11,670,000 after purchasing an additional 105,000 shares during the period. FNY Investment Advisers LLC increased its position in shares of IPG Photonics by 20.3% during the 2nd quarter. FNY Investment Advisers LLC now owns 2,900 shares of the semiconductor company's stock valued at $199,000 after purchasing an additional 490 shares during the period. Allianz Asset Management GmbH increased its position in shares of IPG Photonics by 47.2% during the 2nd quarter. Allianz Asset Management GmbH now owns 137,852 shares of the semiconductor company's stock valued at $9,464,000 after purchasing an additional 44,203 shares during the period. Finally, M.E. Allison & CO. Inc. acquired a new position in shares of IPG Photonics during the 2nd quarter valued at $234,000. Institutional investors own 93.79% of the company's stock.

Insiders Place Their Bets

In related news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $82.10, for a total value of $2,873,500.00. Following the transaction, the insider directly owned 6,849,837 shares in the company, valued at $562,371,617.70. The trade was a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics stock in a transaction on Monday, September 15th. The stock was sold at an average price of $80.71, for a total value of $4,222,747.20. Following the completion of the transaction, the insider owned 7,073,279 shares in the company, valued at $570,884,348.09. The trade was a 0.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 274,630 shares of company stock worth $22,881,519 over the last 90 days. Insiders own 39.50% of the company's stock.

IPG Photonics Stock Down 3.0%

Shares of NASDAQ IPGP opened at $85.42 on Thursday. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of -17.43, a PEG ratio of 24.41 and a beta of 0.98. The stock's fifty day simple moving average is $82.21 and its 200 day simple moving average is $71.99. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $90.29.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.20. The business had revenue of $250.72 million for the quarter, compared to analysts' expectations 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 quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 EPS. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

IPGP has been the topic of several research analyst reports. Roth Capital set a $96.00 price target on IPG Photonics and gave the company a "buy" rating in a research report on Monday, October 6th. Sanford C. Bernstein upgraded IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price target on the stock in a research report on Thursday, August 7th. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of IPG Photonics in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, IPG Photonics currently has a consensus rating of "Hold" and an average price target of $78.50.

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.

Want to see what other hedge funds are holding IPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IPG Photonics Corporation (NASDAQ:IPGP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.