First Eagle Investment Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 3,339,101.48 shares of IPG Photonics Corp common stock, representing 7.87% of the shares believed outstanding.
First Eagle Investment Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 3,339,101.48 shares of IPG Photonics Corp common stock, representing 7.87% of the shares believed outstanding. First Eagle has sole voting power over 3,012,312 shares and sole dispositive power over 3,339,101.48 shares, with no shared voting or dispositive power.
The First Eagle Global Fund, a registered investment company advised by First Eagle, may be deemed to beneficially own 2,350,213 of these shares, or 5.54% of IPG Photonics’ common stock. The shares are held principally on behalf of investment advisory clients, who have the right to receive dividends and sale proceeds.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:3,339,101.48 sharesOwnership percentage:7.87%Sole voting power:3,012,312 shares+3 more
6 metrics
Beneficial ownership3,339,101.48 sharesShares of IPG Photonics common stock deemed beneficially owned by First Eagle Investment Management, LLC
Ownership percentage7.87%Percentage of IPG Photonics common stock believed outstanding, attributed to First Eagle Investment Management, LLC
Sole voting power3,012,312 sharesShares over which First Eagle Investment Management, LLC has sole power to vote
Sole dispositive power3,339,101.48 sharesShares over which First Eagle Investment Management, LLC has sole power to dispose
Global Fund ownership2,350,213 sharesIPG Photonics shares deemed beneficially owned by First Eagle Global Fund
Global Fund percentage5.54%Portion of IPG Photonics common stock attributed to First Eagle Global Fund
Key Terms
beneficial owner, sole voting power, sole dispositive power, Investment Advisers Act of 1940, +1 more
5 terms
beneficial ownerfinancial
"is deemed to be the beneficial owner of 3,339,101.48 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 3,012,312"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 3,339,101"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Advisers Act of 1940regulatory
"an investment adviser registered under Section 203 of the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
registered investment companyfinancial
"The First Eagle Global Fund, a registered investment company for which FEIM acts as investment adviser"
A registered investment company is a pooled investment vehicle—such as a mutual fund or closed-end fund—that is officially registered with financial regulators and required to follow rules about disclosure, how it invests, and what fees it charges. Think of it as a shared basket of stocks or bonds managed for many investors; registration means regular reporting and oversight that help investors compare costs, understand risks, and know how easy it is to buy or sell their shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of IPG Photonics (IPGP) does First Eagle Investment Management report owning?
First Eagle Investment Management reports beneficial ownership of 3,339,101.48 shares of IPG Photonics common stock, representing 7.87% of the shares believed to be outstanding, based on its role as investment adviser to various clients.
How many IPG Photonics (IPGP) shares does First Eagle Global Fund hold?
First Eagle Global Fund may be deemed to beneficially own 2,350,213 IPG Photonics shares, equal to 5.54% of the company’s common stock, as part of the total shares managed by First Eagle Investment Management and its adviser subsidiaries.
What voting power does First Eagle have over IPG Photonics (IPGP) shares?
First Eagle reports sole voting power over 3,012,312 IPG Photonics shares and no shared voting power. It also has sole dispositive power over 3,339,101.48 shares, meaning it alone directs how those shares may be sold or transferred.
Who ultimately benefits from the IPG Photonics (IPGP) shares managed by First Eagle?
Clients of First Eagle Investment Management ultimately benefit, as they have the right to receive dividends and sale proceeds. These clients include registered investment companies, employee benefit plans, pension funds, other institutions, and separate accounts.
Why is First Eagle Global Fund listed separately in the IPG Photonics (IPGP) Schedule 13G/A?
First Eagle Global Fund is a registered investment company advised by First Eagle and may be deemed to beneficially own 2,350,213 of the reported shares. It is listed to show its specific stake, which represents 5.54% of IPG Photonics’ common stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
IPG Photonics Corp
(Name of Issuer)
Common
(Title of Class of Securities)
44980X109
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
44980X109
1
Names of Reporting Persons
First Eagle Investment Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,012,311.83
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,339,101.48
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,339,101.48
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
44980X109
1
Names of Reporting Persons
FIRST EAGLE GLOBAL FUND
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,350,213.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,350,213.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,350,213.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.5 %
12
Type of Reporting Person (See Instructions)
IC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
IPG Photonics Corp
(b)
Address of issuer's principal executive offices:
377 SIMARANO DRIVE, MARLBOROUGH, US-MA, 01752, US
Item 2.
(a)
Name of person filing:
First Eagle Investment Management, LLC, FIRST EAGLE GLOBAL FUND
(b)
Address or principal business office or, if none, residence:
1345 Avenue of the Americas, New York, 10105, New York, United States
(c)
Citizenship:
DELAWARE
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
44980X109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
3,339,101
(b)
Percent of class:
7.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
3,012,312
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
3,339,101
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Securities reported on this Schedule 13G as being beneficially owned by First Eagle Investment Management, LLC are held by or at the direction of First Eagle Investment Management, LLC and/or one or more of its investment adviser subsidiaries, which may include First Eagle Separate Account Management, LLC, principally on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds, other institutional clients, or separate accounts, but sometimes for its own account.
First Eagle Investment Management, LLC (FEIM), an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, is deemed to be the beneficial owner of 3,339,101.48 shares, or 7.87% of the common stock believed to be outstanding as a result of acting as investment adviser to various clients. Clients of FEIM have the right to receive and the ultimate power to direct the receipt of dividends from, or the proceeds of the sale of, such securities. The First Eagle Global Fund, a registered investment company for which FEIM acts as investment adviser, may be deemed to beneficially own 2,350,213 of these 3,339,101.48 shares, or 5.54% of the Company's Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.