Mutual of America Capital Management 13F: Adds $1.9M to LITE Stake

Mutual of America Capital Management increased its stake in Lumentum Holdings Inc. LITE by 17.4% during the third quarter, according to a Form 13F filing on October 23, 2026. The firm bought an additional 1,972 shares to bring its total holding to 13,275 shares. The reported value of the investment reached $12,893,477 by the end of the period. Prior to this purchase, the fund held 11,03 shares.

LITE Lumentum Holdings Inc.

$756.17 ▲ +95.84% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America Capital Management's Lumentum Holdings Inc. Position

The institutional investor lifted its position in the communications equipment maker by 1,972 shares, representing a 17.4% increase over its previous holdings. The total value of the shares held by the fund stood at roughly $12.9 million at the time of the filing.

Other Institutional Activity in Lumentum Holdings Inc.

Other large investors also made adjustments to their positions in Lumentum recently. Sendero Wealth Management initiated a new position by acquiring 2,484 shares valued at about $2.4 million. Generate Investment Management grew its holdings by 47,855 shares, ending with 63,855 shares worth roughly $62.0 million after a 299.1% increase. Amanah Holdings Trust sold out of its stake entirely by disposing of all 135,000 shares. Oriental Harbor Investment Master Fund lowered its holdings by 16,318 shares, leaving it with 9,804 shares valued at about $9.5 million following a 62.5% reduction. SBI Securities grew its holdings by 8,746 shares, resulting in a total of 15,500 shares worth approximately $15.1 million after a 129.5% increase.

Lumentum Holdings Inc. Stock Down 11.1%

Shares of Lumentum traded near $756.35 recently, remaining close to the $756.17 close recorded on the filing date. The stock has experienced wide swings over the past year, ranging from a low of $157.40 to a high of $1,143.00.

Recent Earnings

Lumentum generated $3.01 billion in revenue over the trailing twelve months, accompanied by an EPS of -$92.96. The company posted a negative return on equity of 240.0% and a net profit margin of -230.1%. Its next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Lumentum Holdings Inc.

Company insiders executed several transactions prior to the filing date. President of Global Business Units Yuen Wupen completed multiple sales, including 500 shares on September 17 and another 500 shares on September 18. Additional sales included 1,500 shares on September 23 and 807 shares on September 29.

Analysts Set New Price Targets

Wall Street analysts have updated their views on the stock recently. Citigroup maintained a buy rating on September 28 with a target of $1,400.00. Bernstein initiated coverage on September 30 with an outperform rating and a $1,220.00 price target. Rosenblatt kept a buy rating on October 5 at a $1,300.00 target. Stifel maintained a buy rating on October 5, moving its target to $1,232.00. Jefferies reiterated a buy rating on October 21 with a $1,250.00 target. The stock carries a consensus buy rating from 27 analysts.

About Lumentum Holdings Inc.

Headquartered in San Jose, California, Lumentum designs and manufactures optical and photonic products for customers worldwide. The company produces semiconductor laser chips, sub-assemblies, wavelength management systems, and industrial lasers used across telecommunications and manufacturing sectors.

Bottom Line

Institutional investors continue to shift their holdings as Lumentum approaches its next financial results update in November. Observers will monitor upcoming disclosures to see how portfolio managers position themselves heading into the end of the year.