Sumitomo Mitsui Trust Group Inc. Cuts Stake in IPG Photonics Corporation $IPGP

Sumitomo Mitsui Trust Group Inc. lessened its position in IPG Photonics Corporation (NASDAQ:IPGP) by 21.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,350,328 shares of the semiconductor company’s stock after selling 374,174 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in IPG Photonics were worth $154,734,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IPGP. Oregon Public Employees Retirement Fund increased its position in shares of IPG Photonics by 2.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock valued at $589,000 after acquiring an additional 100 shares in the last quarter. Assetmark Inc. lifted its position in IPG Photonics by 6.8% in the 4th quarter. Assetmark Inc. now owns 1,820 shares of the semiconductor company’s stock valued at $130,000 after acquiring an additional 116 shares in the last quarter. Deutsche Bank AG boosted its stake in IPG Photonics by 6.1% during the 4th quarter. Deutsche Bank AG now owns 2,214 shares of the semiconductor company’s stock valued at $159,000 after purchasing an additional 128 shares during the last quarter. Allworth Financial LP boosted its stake in IPG Photonics by 10.2% during the 3rd quarter. Allworth Financial LP now owns 1,449 shares of the semiconductor company’s stock valued at $115,000 after purchasing an additional 134 shares during the last quarter. Finally, Comerica Bank increased its holdings in shares of IPG Photonics by 0.9% in the 4th quarter. Comerica Bank now owns 15,105 shares of the semiconductor company’s stock worth $1,082,000 after purchasing an additional 135 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Roth Capital restated a “buy” rating and issued a $151.00 price target on shares of IPG Photonics in a research note on Tuesday, May 19th. Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Stifel Nicolaus reduced their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Citigroup boosted their target price on IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Needham & Company LLC upgraded shares of IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, IPG Photonics has a consensus rating of “Moderate Buy” and a consensus target price of $135.50.

Insider Activity

In related news, CFO Timothy Pv Mammen sold 9,975 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $119.81, for a total value of $1,195,104.75. Following the transaction, the chief financial officer owned 76,438 shares of the company’s stock, valued at approximately $9,158,036.78. This trade represents a 11.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Eugene A. Scherbakov sold 1,524 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $101.55, for a total transaction of $154,762.20. Following the sale, the director owned 49,734 shares of the company’s stock, valued at $5,050,487.70. This trade represents a 2.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 80,400 shares of company stock worth $8,515,516. Company insiders own 37.50% of the company’s stock.

IPG Photonics Price Performance

Shares of IPGP opened at $108.03 on Friday. IPG Photonics Corporation has a one year low of $71.35 and a one year high of $155.82. The firm has a market capitalization of $4.59 billion, a P/E ratio of 156.57, a PEG ratio of 2.98 and a beta of 0.94. The business has a fifty day moving average of $111.12 and a 200 day moving average of $109.07.

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

About IPG Photonics

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.