Northern Trust Corp Decreases Holdings in IPG Photonics Corporation $IPGP

Key Points

• Northern Trust Corp reduced its stake in IPG Photonics by 4.3%, owning 215,194 shares valued at approximately $13.6 million after selling 9,765 shares.
• Multiple institutional investors, including Wealth Enhancement Advisory Services and UMB Bank, raised their positions in IPG Photonics, with hedge funds holding 93.79% of the stock.
• IPG Photonics reported a Q2 EPS of $0.30, exceeding expectations, while quarterly revenue declined 2.7% year-over-year, leading to future earnings guidance of $0.050-0.350 EPS for Q3 2025.

Northern Trust Corp lowered its position in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 4.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 215,194 shares of the semiconductor company's stock after selling 9,765 shares during the quarter. Northern Trust Corp owned approximately 0.51% of IPG Photonics worth $13,587,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Larson Financial Group LLC acquired a new position in IPG Photonics in the 1st quarter valued at $39,000. UMB Bank n.a. raised its holdings in IPG Photonics by 107.5% in the first 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. lifted its position 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 valued at $101,000 after buying an additional 244 shares in the last quarter. Versant Capital Management Inc grew its position in IPG Photonics by 90.7% in the 1st quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company's stock valued at $115,000 after acquiring an additional 865 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in IPG Photonics in the fourth quarter valued at about $134,000. 93.79% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Trevor Ness sold 1,678 shares of the company's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $82.94, for a total value of $139,173.32. Following the sale, the senior vice president directly owned 42,243 shares of the company's stock, valued at approximately $3,503,634.42. This represents a 3.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the company's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $76.24, for a total transaction of $103,686.40. Following the transaction, the director owned 9,740 shares of the company's stock, valued at $742,577.60. This trade represents a 12.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 39.50% of the company's stock.

IPG Photonics Stock Performance

Shares of IPG Photonics stock traded down $1.95 on Monday, hitting $82.32. 97,994 shares of the company traded hands, compared to its average volume of 294,632. The stock has a market capitalization of $3.48 billion, a P/E ratio of -16.79, a price-to-earnings-growth ratio of 23.85 and a beta of 0.95. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $88.50. The business has a 50-day simple moving average of $76.95 and a 200 day simple moving average of $67.34.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $250.72 million during the quarter, compared to the consensus estimate of $228.20 million. During the same period in the prior year, the company earned $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. Research analysts expect that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

IPGP has been the subject of several analyst reports. 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 note on Thursday, August 7th. Wall Street Zen upgraded shares of IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus 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.