The Manufacturers Life Insurance Company Buys 21,059 Shares of Viavi Solutions Inc. $VIAV

The Manufacturers Life Insurance Company lifted its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 21.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 118,904 shares of the communications equipment provider’s stock after buying an additional 21,059 shares during the period. The Manufacturers Life Insurance Company owned about 0.05% of Viavi Solutions worth $3,957,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Jefferies Financial Group Inc. acquired a new stake in shares of Viavi Solutions during the 4th quarter worth about $1,803,000. Phocas Financial Corp. bought a new position in Viavi Solutions during the 4th quarter valued at about $3,772,000. Jackson Creek Investment Advisors LLC acquired a new position in Viavi Solutions in the fourth quarter valued at about $1,887,000. Tensor Edge Capital LLC acquired a new position in Viavi Solutions in the fourth quarter valued at about $2,673,000. Finally, Intech Investment Management LLC grew its stake in Viavi Solutions by 29.1% during the fourth quarter. Intech Investment Management LLC now owns 109,258 shares of the communications equipment provider’s stock worth $1,947,000 after buying an additional 24,638 shares during the last quarter. Institutional investors own 95.54% of the company’s stock.

Key Viavi Solutions News

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Viavi reported fiscal fourth-quarter adjusted earnings of $0.34 per share, above the $0.30 consensus estimate, while revenue reached $443.1 million—also ahead of expectations and up 52.5% year over year. Viavi Solutions Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management issued fiscal first-quarter 2027 EPS guidance of $0.40 to $0.42 and is targeting a $500 million quarterly revenue run rate in calendar 2027. Growth is being supported by data-center, aerospace-and-defense demand and contributions from the Spirent portfolio. Viavi Anticipates Q1 FY2027 EPS and $500 Million Quarter
• Positive Sentiment: The earnings call highlighted expanding test opportunities tied to 1.6-terabit networking, co-packaged optics and optical switching, potentially strengthening Viavi’s exposure to AI-related data-center infrastructure. VIAVI Q4 Earnings Call Signals Data Center Strength
• Neutral Sentiment: Analyst sentiment remains broadly constructive, with buy ratings and targets of $60 from Needham and B. Riley, $65 from Stifel and $70 from Rosenblatt, implying substantial potential upside from recent trading levels.
• Negative Sentiment: UBS lowered its target from $60 to $44 and assigned a neutral rating. Other firms also reduced their targets, suggesting concerns that the strong earnings outlook may already be reflected in the valuation. Analyst Price Target Updates
• Negative Sentiment: A valuation-focused assessment following the earnings beat may be contributing to selling pressure, particularly as Viavi continues to report a negative net margin and carries a high earnings multiple based on current results. Viavi Solutions Following Earnings Beat and Guidance

Viavi Solutions Price Performance

Shares of VIAV stock opened at $39.14 on Friday. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of -260.92 and a beta of 1.21. Viavi Solutions Inc. has a 12 month low of $10.30 and a 12 month high of $60.43. The company has a quick ratio of 1.39, a current ratio of 1.85 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $44.19 and a 200 day moving average price of $38.96.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. The company had revenue of $443.10 million for the quarter, compared to the consensus estimate of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The company’s revenue was up 52.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Research analysts expect that Viavi Solutions Inc. will post 1.02 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Susquehanna lifted their target price on shares of Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a research note on Wednesday, July 1st. Rosenblatt Securities restated a “buy” rating and set a $70.00 price target on shares of Viavi Solutions in a research report on Thursday. B. Riley Financial decreased their price target on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group cut their price objective on Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating for the company in a research report on Thursday. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Viavi Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $49.88.

Viavi Solutions Company Profile

Viavi Solutions Inc is a provider of network test, monitoring and assurance solutions for communications service providers, cable operators, enterprises and government agencies. The company offers an extensive portfolio of fiber optic and copper cable test and measurement instruments, wireless network testing equipment and network performance monitoring software. Its products are designed to support the deployment, maintenance and optimization of high-speed broadband, 5G wireless, data center and enterprise networks.

Viavi’s product offerings are organized into two primary segments: Network & Service Enablement and Optical Security & Performance.