Lone Peak Global Investors LLC Increases Stock Position in Photronics, Inc. $PLAB

Lone Peak Global Investors LLC lifted its position in shares of Photronics, Inc. (NASDAQ:PLAB) by 1,253.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 225,085 shares of the semiconductor company’s stock after purchasing an additional 208,458 shares during the period. Lone Peak Global Investors LLC’s holdings in Photronics were worth $7,322,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. K.J. Harrison & Partners Inc acquired a new position in Photronics in the fourth quarter valued at $960,000. Vaughan Nelson Investment Management L.P. acquired a new stake in Photronics during the first quarter worth about $47,902,000. BlackRock Inc. purchased a new position in shares of Photronics in the 2nd quarter worth about $308,586,000. Decker Retirement Planning Inc. purchased a new position in shares of Photronics in the 1st quarter worth about $3,935,000. Finally, LSV Asset Management lifted its stake in shares of Photronics by 14.7% in the 4th quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock valued at $92,271,000 after purchasing an additional 370,489 shares in the last quarter. 88.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Craig Hallum reiterated a “buy” rating on shares of Photronics in a report on Friday, May 29th. Freedom Capital raised shares of Photronics to a “strong-buy” rating in a research report on Thursday, July 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a research note on Friday, July 24th. Wall Street Zen lowered shares of Photronics from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Zacks Research raised shares of Photronics to a “hold” rating in a research note on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $49.33.

Photronics News Summary

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Photronics’ latest quarterly results provide a counterpoint to the legal headlines: earnings per share and revenue exceeded analyst expectations, while revenue increased year over year. Management’s fourth-quarter guidance also indicates continued profitability.
• Neutral Sentiment: Investors who purchased Photronics securities between December 10, 2025, and May 27, 2026, have until September 4, 2026, to seek appointment as lead plaintiff. This deadline is procedural and does not establish that the allegations are proven. Friday Investor Deadline: Photronics Investors Have Opportunity to Lead Class Action Lawsuit
• Negative Sentiment: Several law firms, including Pomerantz, Portnoy, Rosen, Robbins Geller, Kaplan Fox, Hagens Berman and others, are soliciting investors connected with the class action. The lawsuit alleges violations of federal securities laws by Photronics and certain executives; if claims advance, the company could face litigation costs, potential damages and additional scrutiny. The concentration of alerts likely explains the negative investor sentiment surrounding PLAB. Pomerantz Photronics Investor Alert

Photronics Price Performance

Shares of PLAB opened at $27.33 on Wednesday. Photronics, Inc. has a 12 month low of $20.05 and a 12 month high of $56.00. The stock’s 50-day moving average is $30.44 and its two-hundred day moving average is $37.19. The stock has a market cap of $1.61 billion, a PE ratio of 9.62 and a beta of 1.36.

Photronics (NASDAQ:PLAB) last posted its earnings results on Wednesday, August 26th. The semiconductor company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.10. The business had revenue of $216.05 million during the quarter, compared to analyst estimates of $208.75 million. Photronics had a return on equity of 7.45% and a net margin of 19.05%.The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 earnings per share. Photronics has set its Q4 2026 guidance at 0.400-0.560 EPS. On average, research analysts anticipate that Photronics, Inc. will post 1.85 earnings per share for the current year.

Photronics Company Profile

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.