Robeco Institutional Asset Management B.V. Has $1.69 Million Stock Position in Lumentum Holdings Inc. $LITE

Robeco Institutional Asset Management B.V. lowered its position in Lumentum Holdings Inc. (NASDAQ:LITE) by 37.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,357 shares of the technology company’s stock after selling 6,252 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Lumentum were worth $1,685,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of LITE. Advisors Asset Management Inc. raised its stake in shares of Lumentum by 36.8% in the first quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock valued at $59,000 after purchasing an additional 254 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Lumentum by 109.9% during the 1st quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company’s stock worth $747,000 after acquiring an additional 6,275 shares during the period. Empowered Funds LLC lifted its holdings in shares of Lumentum by 9.1% during the 1st quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock worth $507,000 after acquiring an additional 680 shares during the period. Strs Ohio acquired a new stake in shares of Lumentum during the 1st quarter valued at about $819,000. Finally, MRA Advisory Group bought a new stake in Lumentum in the second quarter valued at about $584,000. 94.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Lumentum in a research note on Monday, December 29th. Raymond James Financial cut Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 target price for the company. in a report on Friday, October 31st. Stifel Nicolaus set a $220.00 price target on Lumentum in a research note on Wednesday, November 5th. Needham & Company LLC upped their price target on Lumentum to $290.00 and gave the company a “buy” rating in a research report on Monday, November 24th. Finally, Susquehanna increased their price objective on Lumentum from $140.00 to $190.00 and gave the stock a “positive” rating in a research note on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $230.25.

Insider Activity

In other Lumentum news, Director Julia Suzanne Johnson sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $270.39, for a total value of $2,703,900.00. Following the completion of the sale, the director owned 12,037 shares in the company, valued at approximately $3,254,684.43. This trade represents a 45.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Pamela Fletcher sold 3,421 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $273.53, for a total transaction of $935,746.13. Following the transaction, the director owned 10,561 shares in the company, valued at $2,888,750.33. The trade was a 24.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 28,612 shares of company stock worth $7,317,398. 0.43% of the stock is currently owned by insiders.

Lumentum Trading Up 0.9%

LITE stock opened at $351.42 on Monday. The business has a fifty day moving average price of $316.21 and a 200 day moving average price of $198.85. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.37 and a quick ratio of 1.02. Lumentum Holdings Inc. has a fifty-two week low of $45.65 and a fifty-two week high of $402.79. The stock has a market capitalization of $24.92 billion, a price-to-earnings ratio of 235.85 and a beta of 1.51.

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

Lumentum 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.