MetLife Investment Management LLC Lowers Stock Position in IPG Photonics Corporation $IPGP

MetLife Investment Management LLC cut its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 3.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,659 shares of the semiconductor company’s stock after selling 458 shares during the period. MetLife Investment Management LLC’s holdings in IPG Photonics were worth $926,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Larson Financial Group LLC purchased a new stake in shares of IPG Photonics during the 1st quarter valued at $39,000. UMB Bank n.a. grew its stake in shares of IPG Photonics by 107.5% during the 1st quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 329 shares during the period. Assetmark Inc. grew its stake in shares of IPG Photonics by 18.1% during the 1st quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company’s stock valued at $101,000 after buying an additional 244 shares during the period. Versant Capital Management Inc grew its stake in shares of IPG Photonics by 90.7% during the 1st quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company’s stock valued at $115,000 after buying an additional 865 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of IPG Photonics during the 4th quarter valued at $134,000. 93.79% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other IPG Photonics news, Director Jeanmarie F. Desmond sold 1,360 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $76.24, for a total value of $103,686.40. Following the transaction, the director owned 9,740 shares in the company, valued at $742,577.60. The trade was a 12.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Trevor Ness sold 1,678 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $82.94, for a total transaction of $139,173.32. Following the completion of the transaction, the senior vice president owned 42,243 shares in the company, valued at $3,503,634.42. This represents a 3.82% decrease in their position. The disclosure for this sale can be found here. Insiders own 39.50% of the company’s stock.

IPG Photonics Trading Up 2.3%

Shares of IPG Photonics stock opened at $84.27 on Friday. The company has a fifty day moving average price of $76.95 and a 200 day moving average price of $67.30. IPG Photonics Corporation has a twelve month low of $48.59 and a twelve month high of $88.50. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of -17.20, a price-to-earnings-growth ratio of 23.30 and a beta of 0.95.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.20. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.72 million for the quarter, compared to analyst estimates of $228.20 million. During the same quarter in the previous year, the business posted $0.45 EPS. The firm’s revenue was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analysts Set New Price Targets

IPGP has been the subject of a number of research reports. Wall Street Zen raised shares of IPG Photonics from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Sanford C. Bernstein raised shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a research report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $75.00.

About IPG Photonics

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.