Lazard Asset Management LLC Grows Stock Holdings in IPG Photonics Corporation $IPGP

Lazard Asset Management LLC boosted its holdings in IPG Photonics Corporation (NASDAQ:IPGP) by 81.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,899,461 shares of the semiconductor company’s stock after buying an additional 851,869 shares during the quarter. Lazard Asset Management LLC’s holdings in IPG Photonics were worth $130,397,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC boosted its position in shares of IPG Photonics by 1,621.7% during the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 373 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in IPG Photonics by 207.1% during the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 290 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in IPG Photonics by 348.2% in the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 578 shares in the last quarter. Signaturefd LLC increased its stake in IPG Photonics by 76.9% in the second quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 332 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in IPG Photonics by 853.9% during the second quarter. Parallel Advisors LLC now owns 1,097 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 982 shares in the last quarter. 93.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at IPG Photonics

In other news, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $80.71, for a total value of $4,222,747.20. Following the sale, the insider owned 7,073,279 shares of the company’s stock, valued at $570,884,348.09. The trade was a 0.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the transaction, the insider directly owned 6,849,837 shares of the company’s stock, valued at $562,371,617.70. This represents a 0.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 475,771 shares of company stock worth $38,205,473 over the last three months. 39.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

IPGP has been the subject of several research analyst reports. Stifel Nicolaus set a $92.00 target price on shares of IPG Photonics in a report on Tuesday, November 4th. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a report on Wednesday. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and boosted their target price for the company from $68.00 to $105.00 in a report on Wednesday, November 5th. Roth Capital set a $96.00 price target on IPG Photonics and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $89.33.

IPG Photonics Stock Down 6.5%

IPGP opened at $77.12 on Friday. The business has a 50 day moving average price of $83.15 and a two-hundred day moving average price of $78.12. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $92.21. The company has a market cap of $3.25 billion, a PE ratio of 126.43, a P/E/G ratio of 21.35 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP) last released its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.19. IPG Photonics had a return on equity of 2.35% and a net margin of 2.66%.The business had revenue of $250.79 million for the quarter, compared to analyst estimates of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. As a group, sell-side analysts expect that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

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.