Schroder Investment Management Group Has $83.94 Million Stake in Lumentum Holdings Inc. $LITE

Schroder Investment Management Group reduced its stake in Lumentum Holdings Inc. (NASDAQ:LITE) by 41.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 516,306 shares of the technology company’s stock after selling 365,507 shares during the quarter. Schroder Investment Management Group owned approximately 0.73% of Lumentum worth $83,941,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in LITE. EverSource Wealth Advisors LLC grew its holdings in Lumentum by 363.9% during the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after purchasing an additional 131 shares during the last quarter. MAI Capital Management lifted 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 buying an additional 96 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Lumentum during the 3rd quarter worth $49,000. Cullen Frost Bankers Inc. bought a new stake in shares of Lumentum during the 3rd quarter worth $49,000. Finally, Huntington National Bank grew its stake in Lumentum by 4,125.0% in the 3rd quarter. Huntington National Bank now owns 338 shares of the technology company’s stock valued at $55,000 after buying an additional 330 shares during the last quarter. Institutional investors own 94.05% of the company’s stock.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Rosenblatt raised its price target sharply to $900 (from $580) and kept a Buy rating, citing stronger forward earnings expectations tied to the NVIDIA relationship — a clear vote of confidence that can attract momentum buyers and institutional interest. Rosenblatt Bullish Report
• Positive Sentiment: NVIDIA announced a strategic partnership and a roughly $2 billion private placement in Lumentum — this is both a strategic endorsement of Lumentum’s optics technology and a material capital infusion that supports growth plans. NVIDIA Partnership / $2B Investment
• Positive Sentiment: S&P 500 inclusion (part of a recent rebalancing) creates forced buying from index-tracking funds ahead of the effective date — a predictable, near-term demand catalyst that often front-runs with active trading. S&P Rebalance Coverage
• Positive Sentiment: Short-term technical/volume action: the stock jumped sharply after last week’s optics-sector sell-off (reports of ~15% moves), consistent with short-covering and traders front-running index flows. This amplifies momentum in the near term. Market Momentum Report
• Neutral Sentiment: Underlying fundamentals are supportive: Lumentum reported a strong quarter (revenue +65.5% YoY and an EPS beat), and provided solid guidance — factors that justify higher valuation if growth persists. Earnings Report
• Negative Sentiment: Valuation and execution risk: analysts and note pieces warn Lumentum trades at a premium (e.g., high P/S and rich multiples). That leaves downside if the NVIDIA deal or index-driven demand fades, or if growth decelerates. Valuation Note

Lumentum Stock Performance

LITE opened at $640.69 on Tuesday. The stock’s 50 day simple moving average is $488.25 and its 200-day simple moving average is $317.13. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 0.06. The stock has a market cap of $45.75 billion, a PE ratio of 196.53 and a beta of 1.38. Lumentum Holdings Inc. has a 1 year low of $45.65 and a 1 year high of $783.80.

Lumentum (NASDAQ:LITE) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.41 by $0.26. The firm had revenue of $665.50 million during the quarter, compared to analysts’ expectations of $646.74 million. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.Lumentum’s quarterly revenue was up 65.5% compared to the same quarter last year. During the same period last year, the business earned $0.42 earnings per share. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Sell-side analysts forecast that Lumentum Holdings Inc. will post 0.03 EPS for the current year.

Insider Buying and Selling at Lumentum

In other news, insider Yuen Wupen sold 3,157 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total value of $1,698,466.00. Following the sale, the insider directly owned 88,439 shares in the company, valued at approximately $47,580,182. This represents a 3.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Vincent Retort sold 3,441 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $545.78, for a total value of $1,878,028.98. Following the transaction, the insider owned 95,975 shares of the company’s stock, valued at $52,381,235.50. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 65,775 shares of company stock valued at $38,851,343 in the last 90 days. Insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LITE. JPMorgan Chase & Co. lifted their target price on shares of Lumentum to $565.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Mizuho raised their price target on Lumentum to $645.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Rosenblatt Securities lifted their price objective on Lumentum to $580.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. B. Riley Financial raised Lumentum from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $147.00 to $526.00 in a research report on Wednesday, February 4th. Finally, Zacks Research upgraded Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Lumentum currently has a consensus rating of “Moderate Buy” and an average price target of $513.94.

About Lumentum

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.