Fifth Third Bancorp Purchases 24,437 Shares of IPG Photonics Corporation $IPGP

Fifth Third Bancorp grew its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 7,589.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,759 shares of the semiconductor company’s stock after buying an additional 24,437 shares during the quarter. Fifth Third Bancorp’s holdings in IPG Photonics were worth $2,837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund increased its holdings in shares of IPG Photonics by 2.0% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock worth $589,000 after purchasing an additional 100 shares in the last quarter. Hodges Capital Management Inc. lifted its holdings in shares of IPG Photonics by 197.3% during the first quarter. Hodges Capital Management Inc. now owns 67,198 shares of the semiconductor company’s stock valued at $7,700,000 after purchasing an additional 44,598 shares in the last quarter. First Dallas Securities Inc. bought a new position in shares of IPG Photonics during the first quarter valued at $383,000. Strs Ohio boosted its position in shares of IPG Photonics by 3,519.5% during the first quarter. Strs Ohio now owns 21,391 shares of the semiconductor company’s stock valued at $2,451,000 after buying an additional 20,800 shares during the last quarter. Finally, Decker Retirement Planning Inc. bought a new stake in IPG Photonics in the 1st quarter worth about $3,738,000. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Stock Performance

Shares of IPG Photonics stock opened at $97.90 on Tuesday. IPG Photonics Corporation has a fifty-two week low of $71.35 and a fifty-two week high of $155.82. The company has a market capitalization of $4.15 billion, a P/E ratio of 141.89, a P/E/G ratio of 3.03 and a beta of 0.94. The company has a fifty day moving average of $111.08 and a 200 day moving average of $110.57.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The business had revenue of $265.50 million for the quarter, compared to the consensus estimate of $256.99 million. During the same period in the prior year, the business earned $0.09 earnings per share. IPG Photonics’s revenue 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 forecast that IPG Photonics Corporation will post 1.66 EPS for the current year.

Insider Activity

In related news, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $103.64, for a total value of $6,809,148.00. Following the transaction, the insider directly owned 6,463,302 shares of the company’s stock, valued at approximately $669,856,619.28. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 $9,158,036.78. The trade was a 11.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 80,400 shares of company stock valued at $8,515,516 in the last three months. 37.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Zacks Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Stifel Nicolaus reduced their price target 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. Roth Capital reissued a “buy” rating and set a $151.00 price objective on shares of IPG Photonics in a report on Tuesday, May 19th. Finally, Wall Street Zen downgraded shares of IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, IPG Photonics has an average rating of “Moderate Buy” and an average target price of $137.17.

IPG Photonics 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.