Dimensional Fund Advisors LP Sells 91,785 Shares of Photronics, Inc. $PLAB

Dimensional Fund Advisors LP decreased its holdings in Photronics, Inc. (NASDAQ:PLAB) by 2.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,962,665 shares of the semiconductor company’s stock after selling 91,785 shares during the period. Dimensional Fund Advisors LP owned 0.07% of Photronics worth $160,115,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of PLAB. Torren Management LLC purchased a new stake in shares of Photronics during the 4th quarter valued at approximately $26,000. Larson Financial Group LLC bought a new position in Photronics in the 3rd quarter worth approximately $28,000. First Horizon Corp purchased a new position in Photronics in the 1st quarter valued at approximately $33,000. Quarry LP grew its stake in Photronics by 569.8% in the 4th quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 1,151 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in Photronics by 723.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 1,245 shares in the last quarter. Institutional investors own 88.38% of the company’s stock.

Photronics Stock Down 2.0%

Shares of PLAB stock opened at $30.33 on Friday. The business has a 50-day moving average price of $33.93 and a two-hundred day moving average price of $37.95. Photronics, Inc. has a 12-month low of $19.26 and a 12-month high of $56.00. The firm has a market cap of $1.79 billion, a P/E ratio of 11.07 and a beta of 1.37.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.11). The firm had revenue of $209.94 million during the quarter, compared to analysts’ expectations of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.Photronics’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 earnings per share. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Key Stories Impacting Photronics

Here are the key news stories impacting Photronics this week:

• Negative Sentiment: Multiple law firms issued investor alerts and reminders about a securities class action against Photronics, with deadlines for shareholders who bought shares between December 10, 2025 and May 27, 2026 to seek lead-plaintiff status by September 4, 2026. Article Title
• Negative Sentiment: Hagens Berman said it is investigating Photronics in connection with allegations that the company misled investors about demand and outlook for its high-end IC photomask line, reinforcing concerns tied to the lawsuit. Article Title
• Neutral Sentiment: Several additional firms, including Rosen, Faruqi & Faruqi, Johnson Fistel, Pomerantz, Bernstein Liebhard, and others, published similar notices about the same class action, increasing headline noise but not adding new operational information for the company. Article Title
• Neutral Sentiment: An MSN piece on whether PLAB is a buy, sell, or hold after Q1 earnings may influence sentiment, but it does not appear to add fresh company-specific news. Article Title

Analysts Set New Price Targets

Several research firms have issued reports on PLAB. Craig Hallum restated a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Weiss Ratings upgraded Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Freedom Capital upgraded Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Lake Street Capital reissued a “buy” rating and set a $55.00 price objective on shares of Photronics in a report on Friday, May 1st. Finally, Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Two 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 company. Based on data from MarketBeat, Photronics has an average rating of “Buy” and an average price target of $49.33.

Photronics 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.