E. Ohman J:or Asset Management 13F: Adds $11M to LITE Stake
Key Points
- E. Ohman J:or Asset Management grew its Lumentum Holdings Inc. position by 45.1% during the quarter, ending with 36,363 shares valued at about $35.3 million.
- Other institutional investors also adjusted their positions, with SBI Securities lifting its stake by 8,746 shares to 15,500 shares.
- Lumentum trades around $804.00 as analysts maintain a consensus strong buy rating with a mean price target of $1,165.03.
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E. Ohman J:or Asset Management increased its holdings in Lumentum Holdings Inc. (NasdaqGS: LITE) by 11,302 shares during the quarter. According to a Form 13F filed with the SEC on October 22, 2026, the firm held 36,363 shares of the communication equipment maker worth approximately $35.3 million by the end of the period.
LITE
Lumentum Holdings Inc.
What Changed in E. Ohman J:or Asset Management's Lumentum Position
The asset manager grew its stake by 45.1%, raising its position from the 25,061 shares it owned previously. The added shares brought the total investment value to $35,317,927 based on the reported filing values.
Other Institutional Activity in Lumentum Holdings Inc.
Other large investors adjusted their positions in the communication equipment provider. SBI Securities grew its holdings by 8,746 shares, ending with 15,500 shares worth about $15.1 million. Jupiter Topco LLC grew its holdings by 944,804 shares, ending with 1,889,608 shares worth about $1.42 billion. Arrowstreet Capital, Limited Partnership grew its holdings by 965,700 shares, ending with 1,370,571 shares worth about $1.03 billion.
Lumentum Holdings Inc. Stock Down 2.3%
Lumentum recently traded around $804.00 as of October 22, 2026, sitting up about 7.0% from its event close of $751.74 on the same day. The stock has a 52-week high of $1,143.00 and a low of $152.54.
Recent Earnings
Lumentum reported trailing twelve-month revenue of $3.01 billion and a negative earnings per share of $92.96. The company is scheduled to release its next financial results on November 5, 2026.
Insider Buying and Selling at Lumentum Holdings Inc.
Insider Wupen Yuen sold shares across multiple transactions ahead of the filing, including a sale of 1,500 shares worth $1,410,335 on September 10, 2026, a sale of 1,500 shares worth $1,324,030 on September 15, 2026, a sale of 1,500 shares worth $1,420,690 on September 23, 2026, and a sale of 807 shares worth $764,365 on September 29, 2026.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. Citigroup maintained a buy rating on September 28, 2026, raising its target to $1,400.00 from $1,200.00. Bernstein initiated coverage with an outperform rating and a $1,220.00 price target on September 30, 2026. Rosenblatt maintained a buy rating with a $1,300.00 target on October 5, 2026. Stifel maintained a buy rating and raised its target to $1,232.00 from $1,100.00 on October 5, 2026. Jefferies maintained a buy rating and raised its target to $1,250.00 from $1,200.00 on October 21, 2026. The stock holds a consensus recommendation of strong buy.
About Lumentum Holdings Inc.
Headquartered in San Jose, California, Lumentum manufactures and sells optical and photonic products for customers worldwide. It produces component products such as semiconductor laser chips, laser sub-assemblies, and wavelength management systems, along with system products like optical modules and industrial lasers.
Bottom Line
Investors will look to Lumentum's upcoming earnings release on November 5, 2026, for further updates on financial performance and operational growth.
Related Filing Alerts
Source: E. Ohman J:or Asset Management's 13F filing on $LITE (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts