Royce & Associates LP Lowers Stake in IPG Photonics Corporation $IPGP

Key Points

• Royce & Associates LP reduced its stake in IPG Photonics by 5.6% in the fourth quarter, selling 10,171 shares and ending with 170,180 shares valued at about $12.2 million.
• Institutional ownership remains very high, with hedge funds and other institutional investors holding about 93.79% of the stock, while several smaller funds either added to or initiated positions.
• Analysts remain mixed but generally constructive: the consensus rating is Moderate Buy with an average target price of $135.50, even as some firms recently adjusted price targets and one service downgraded the stock to Hold.

Royce & Associates LP cut its position in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 170,180 shares of the semiconductor company's stock after selling 10,171 shares during the quarter. Royce & Associates LP owned approximately 0.40% of IPG Photonics worth $12,185,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IPGP. Global Retirement Partners LLC grew its holdings in shares of IPG Photonics by 428.9% during the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company's stock worth $48,000 after buying an additional 549 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company's stock worth $49,000 after buying an additional 526 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company's stock worth $51,000 after buying an additional 578 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of IPG Photonics during the second quarter worth about $65,000. Finally, KBC Group NV increased its stake in shares of IPG Photonics by 54.8% during the 4th quarter. KBC Group NV now owns 1,105 shares of the semiconductor company's stock valued at $79,000 after acquiring an additional 391 shares during the last quarter. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

IPGP has been the subject of a number of research analyst reports. Roth Mkm reaffirmed a "buy" rating and set a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Citigroup upped their price objective on shares of IPG Photonics from $105.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. Raymond James Financial downgraded shares of IPG Photonics from a "strong-buy" rating to an "outperform" rating and upped their price objective for the company from $97.00 to $180.00 in a research note on Friday, February 13th. Wall Street Zen downgraded shares of IPG Photonics from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Finally, Stifel Nicolaus dropped their price objective on shares of IPG Photonics from $165.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $135.50.

Insiders Place Their Bets

In other IPG Photonics news, CAO Mary E. Buttarazzi sold 500 shares of the company's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $116.22, for a total value of $58,110.00. Following the completion of the transaction, the chief accounting officer owned 4,749 shares in the company, valued at $551,928.78. This represents a 9.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Timothy Pv Mammen sold 9,975 shares of the company's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $119.81, for a total value of $1,195,104.75. Following the completion of the transaction, the chief financial officer owned 76,438 shares of the company's stock, valued at approximately $9,158,036.78. This represents a 11.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,165 shares of company stock worth $1,431,645 in the last 90 days. 37.50% of the stock is owned by company insiders.

IPG Photonics News Roundup

Here are the key news stories impacting IPG Photonics this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for IPG Photonics to $1.59 from $1.57 and increased its Q1 2028 forecast to $0.95 from $0.83, suggesting some longer-term improvement in earnings expectations.
• Positive Sentiment: Zacks also lifted its Q2 2026 EPS estimate to $0.39 from $0.33, which is a modest near-term positive for the company.
• Neutral Sentiment: Several analyst estimates remain mixed overall, and Zacks kept a Hold rating on IPG Photonics, indicating limited near-term conviction despite some forecast changes.
• Negative Sentiment: Zacks cut EPS estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, and Q3 2027, which can weigh on sentiment by signaling softer expected profitability in the coming quarters.
• Negative Sentiment: IPG Photonics CFO Timothy Pv Mammen sold 9,975 shares at an average price of $119.81, a move that may raise investor caution about insider confidence.

IPG Photonics Stock Performance

Shares of NASDAQ:IPGP opened at $116.99 on Thursday. IPG Photonics Corporation has a 1 year low of $64.93 and a 1 year high of $155.82. The stock has a market capitalization of $4.97 billion, a P/E ratio of 169.55, a PEG ratio of 3.49 and a beta of 0.97. The stock has a 50-day simple moving average of $115.91 and a 200-day simple moving average of $102.06.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by ($0.03). IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The firm had revenue of $265.50 million for the quarter, compared to analysts' expectations of $256.99 million. During the same quarter in the previous year, the firm posted $0.09 EPS. The firm's revenue for the quarter was up 16.5% compared to the same quarter last year. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. Analysts predict that IPG Photonics Corporation will post 1.66 earnings per share for the current year.

IPG Photonics Company Profile

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company's core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG's systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.

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