E. Ohman J:or Asset Management 13F: Adds $24M to COHR Stake

E. Ohman J:or Asset Management boosted its stake in Coherent Corp. (NYSE:COHR) significantly during the quarter, according to a Form 13F filing disclosed on October 22, 2026. The institutional investor bought an additional 84,676 shares of the scientific and technical instruments maker. That move brought its total holdings to 89,666 shares. The value of the position stood at approximately $25.8 million at the time of the report.

COHR Coherent Corp.

$237.53 ▲ +22.23% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in E. Ohman J:or Asset Management's Coherent Position

The asset manager lifted its investment in Coherent Corp. by a dramatic 1,696.9%, growing its prior stake of 4,990 shares up to 89,666 shares. The substantial addition shows a strong commitment to the technology company during the period.

Other Institutional Activity in Coherent

Other major funds made notable moves around the same time. Nvidia Corp held steady with 7,788,161 shares valued at about $1.62 billion, seeing no change in its position. Capital International Investors doubled down by lifting its holdings by 1,800,280 shares, a 100.0% increase that brought its total to 3,600,561 shares worth roughly $747.9 million.

Coherent Corp. Stock Down 5.0%

Coherent shares recently traded around $220.16 as of October 22, 2026, up about 6.0% from the $207.72 closing price recorded on the filing date. The stock has experienced a wide trading range over the past year, hitting a 52-week low of $115.00 and a 52-week high of $440.00. Analysts currently maintain a consensus buy rating on the company with a mean price target of $394.79.

Recent Earnings

Coherent generated $7.12 billion in trailing-twelve-month revenue with earnings of $4.12 per share. The company posted a net profit margin of 11.3% alongside an 8.0% return on equity. Year-over-year revenue growth climbed by 33.7%. The company's next earnings report is scheduled for November 4, 2026.

Dividend

Coherent does not currently pay a dividend, maintaining a dividend payout ratio of 0.0%.

Insider Buying and Selling at Coherent Corp.

Company insiders completed several share sales ahead of the filing. Chief Technology Officer Julie Sheridan Eng sold 13,077 shares on September 1, 2026, for a value of about $3.58 million. Director Lisa Neal-Graves sold 2,200 shares on September 2, 2026, at an average price of $268.42 totaling $590,524. Officer Robert P Beard sold 500 shares on September 9, 2026, at $309.32 per share for a value of $154,660. Finally, Director Enrico Digirolomo sold 5,315 shares on September 11, 2026, at $305.98 per share, netting roughly $1.63 million.

Analysts Set New Price Targets

Wall Street firms updated their views on Coherent through September and October 2026. On September 30, Bernstein initiated coverage with an Outperform rating and a $350.00 price target. Rosenblatt maintained its Buy rating and a $500.00 target on October 13. B. Riley Securities kept a Neutral rating on October 15 while lowering its target from $345.00 to $297.00. TD Cowen maintained a Buy rating on October 19, adjusting its target from $395.00 to $275.00. Susquehanna maintained a Positive rating on October 21 while trimming its target from $425.00 to $350.00.

About Coherent

Coherent Corp. designs and manufactures lasers, optical transceivers, and advanced optoelectronic devices utilized across global technology and industrial markets. The company provides critical hardware components like detectors, passive optics, and silicon photonics systems that support high-speed optical transmission and communications networks.

Bottom Line

E. Ohman J:or Asset Management's large expansion of its Coherent holdings highlights growing institutional interest despite recent insider sales. Investors will look toward the upcoming earnings release on November 4, 2026, for further updates on financial performance and revenue growth.