IPG Photonics (IPGP) News Today

Sumitomo Mitsui Trust Holdings Inc. raised its position in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 916,877 shares of the semiconductor company's stock after a

IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,090,000 shares, a drop of 15.5% from the July 15th total of 1,290,000 shares. Approximately 4.1% of the company's shares are sold short. Based on an average daily trading volume, of 230,800 shares, the days-to-cover ratio is currently 4.7 days.

Wedge Capital Management L L P NC reduced its stake in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 17.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,427 shares of the semiconductor comp

M&G Plc cut its position in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 5.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 165,372 shares of the semiconductor company's stock after selling 9,674 shares during the quarter. M&

IPG Photonics (NASDAQ:IPGP) Reaches New 12-Month Low at $65.60

Janus Henderson Group PLC reduced its holdings in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 97.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,259 shares of the semiconductor company's stock after selling 535

IPG Photonics (NASDAQ:IPGP) Hits New 1-Year Low at $67.26

IPG Photonics Co. (NASDAQ:IPGP - Free Report) - Analysts at Seaport Res Ptn lowered their Q3 2024 EPS estimates for shares of IPG Photonics in a report released on Wednesday, July 31st. Seaport Res Ptn analyst S. Graham now expects that the semiconductor company will earn $0.22 per share for the

Swedbank AB acquired a new stake in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 29,632 shares of the semiconductor company's stock, valued at approximately $2,6

IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy r

Motley Fool Asset Management LLC grew its holdings in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 78.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,372 shares of the semiconductor company's stock after buying an add

Raymond James dropped their price objective on shares of IPG Photonics from $127.00 to $100.00 and set a "strong-buy" rating on the stock in a report on Wednesday.

IPG Photonics (NASDAQ:IPGP - Get Free Report) issued its earnings results on Tuesday. The semiconductor company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.03). IPG Photonics had a return on equity of 7.67% and a net margin of 15.34%. The company had revenue of $257.60 million during the quarter, compared to the consensus estimate of $259.31 million. During the same quarter in the prior year, the business earned $1.31 EPS. The firm's revenue for the quarter was down 24.2% compared to the same quarter last year.

Benchmark downgraded IPG Photonics from a "buy" rating to a "hold" rating in a research report on Wednesday.

Invenomic Capital Management LP grew its holdings in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 19.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 258,255 shares of the semiconductor compa

IPG Photonics (NASDAQ:IPGP) Reaches New 52-Week Low at $79.80

IPG Photonics (NASDAQ:IPGP) updated its third quarter 2024 earnings guidance. The company provided EPS guidance of 0.000-0.300 for the period, compared to the consensus estimate of 0.780. The company also issued revenue guidance of $210.0 millionillion-$240.0 millionillion, compared to the consensus estimate of $282.3 millionillion.

Quadrature Capital Ltd purchased a new position in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,243 shares of the semiconductor company's stock, v

IPG Photonics Co. (NASDAQ:IPGP - Free Report) - Investment analysts at Zacks Research lifted their FY2024 earnings per share estimates for IPG Photonics in a report released on Tuesday, July 23rd. Zacks Research analyst R. Department now anticipates that the semiconductor company will earn $2.76

IPG Photonics (NASDAQ:IPGP) will be releasing earnings before the market opens on Tuesday, July 30, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=609038)

Edgestream Partners L.P. acquired a new stake in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,412 shares of the semiconductor compan

M&G Plc purchased a new stake in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 175,046 shares of the semiconductor company's stock, valued at approximat

Quantbot Technologies LP acquired a new position in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,921 shares of the semiconductor company's

BNP Paribas Financial Markets grew its position in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 125.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,751 shares of the semic

Sumitomo Mitsui Trust Holdings Inc. trimmed its position in shares of IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 4.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 905,329 shares of the semiconductor company's stock

Allspring Global Investments Holdings LLC acquired a new stake in IPG Photonics Co. (NASDAQ:IPGP - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 50,000 shares of the semiconductor company's stock, valued a

IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,180,000 shares, an increase of 10.3% from the May 31st total of 1,070,000 shares. Currently, 4.3% of the company's stock are short sold. Based on an average daily trading volume, of 224,200 shares, the short-interest ratio is currently 5.3 days.

Partnership Wealth Management LLC lifted its position in IPG Photonics Co. (NASDAQ:IPGP - Free Report) by 382.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,561 shares of the semiconductor company's stock after buying an

IPG Photonics (NASDAQ:IPGP) Hits New 52-Week Low at $80.27

Shares of IPG Photonics Co. (NASDAQ:IPGP - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rat