Lumentum Holdings Inc. (NASDAQ:LITE) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Lumentum Holdings Inc. (NASDAQ:LITE) have received an average rating of “Moderate Buy” from the twenty-one brokerages that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $222.1250.

Several equities analysts recently weighed in on the stock. Stifel Nicolaus set a $220.00 price objective on shares of Lumentum in a research report on Wednesday, November 5th. Susquehanna increased their price target on shares of Lumentum from $140.00 to $190.00 and gave the stock a “positive” rating in a research note on Wednesday, October 22nd. B. Riley lifted their price objective on shares of Lumentum from $83.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lumentum in a report on Monday, December 29th. Finally, Zacks Research raised shares of Lumentum from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd.

Lumentum Stock Performance

LITE stock opened at $386.11 on Monday. The firm has a 50 day simple moving average of $299.44 and a 200 day simple moving average of $189.01. Lumentum has a 52 week low of $45.65 and a 52 week high of $401.60. The stock has a market cap of $27.38 billion, a P/E ratio of 259.14 and a beta of 1.51. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.02 and a current ratio of 1.37.

Lumentum (NASDAQ:LITE) last released its quarterly earnings data on Tuesday, November 4th. The technology company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.07. The firm had revenue of $533.80 million for the quarter, compared to analyst estimates of $525.10 million. Lumentum had a net margin of 6.11% and a return on equity of 4.62%. The company’s revenue for the quarter was up 58.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 EPS. Lumentum has set its Q2 2026 guidance at 1.300-1.500 EPS. Research analysts anticipate that Lumentum will post 0.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Lumentum

In other Lumentum news, SVP Jae Kim sold 1,367 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $234.14, for a total transaction of $320,069.38. Following the completion of the sale, the senior vice president owned 38,570 shares of the company’s stock, valued at $9,030,779.80. This represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Isaac Hosojiro Harris sold 7,200 shares of Lumentum stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $243.32, for a total transaction of $1,751,904.00. Following the completion of the transaction, the director directly owned 9,764 shares in the company, valued at approximately $2,375,776.48. This represents a 42.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 28,612 shares of company stock worth $7,317,398 in the last 90 days. Company insiders own 0.43% of the company’s stock.

Institutional Trading of Lumentum

Several large investors have recently modified their holdings of LITE. Allworth Financial LP raised its holdings in Lumentum by 6.4% in the 3rd quarter. Allworth Financial LP now owns 784 shares of the technology company’s stock worth $128,000 after acquiring an additional 47 shares during the period. Northwestern Mutual Investment Management Company LLC grew its position in shares of Lumentum by 0.4% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 15,559 shares of the technology company’s stock valued at $2,532,000 after purchasing an additional 64 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Lumentum by 11.2% in the third quarter. UMB Bank n.a. now owns 920 shares of the technology company’s stock worth $150,000 after purchasing an additional 93 shares during the period. MAI Capital Management increased its stake in shares of Lumentum by 27.0% in the second quarter. MAI Capital Management now owns 452 shares of the technology company’s stock worth $43,000 after purchasing an additional 96 shares during the period. Finally, Louisiana State Employees Retirement System lifted its position in shares of Lumentum by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 19,500 shares of the technology company’s stock worth $1,854,000 after purchasing an additional 100 shares during the last quarter. 94.05% of the stock is owned by institutional investors.

Lumentum Company Profile

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.