The Manufacturers Life Insurance Company Has $3.96 Million Holdings in Viavi Solutions Inc. $VIAV

The Manufacturers Life Insurance Company boosted its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 21.5% in the first quarter, HoldingsChannel reports. The firm owned 118,904 shares of the communications equipment provider’s stock after acquiring an additional 21,059 shares during the period. The Manufacturers Life Insurance Company’s holdings in Viavi Solutions were worth $3,957,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VIAV. Arrowstreet Capital Limited Partnership boosted its holdings in Viavi Solutions by 431.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock worth $84,258,000 after buying an additional 5,389,435 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Viavi Solutions in the 1st quarter valued at about $75,294,000. Invesco Ltd. increased its stake in shares of Viavi Solutions by 116.0% in the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock valued at $67,886,000 after acquiring an additional 2,045,702 shares during the last quarter. Marshall Wace LLP raised its position in shares of Viavi Solutions by 1,011.9% in the 4th quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider’s stock valued at $38,983,000 after acquiring an additional 1,990,848 shares during the period. Finally, Bowen Hanes & Co. Inc. bought a new position in Viavi Solutions during the 4th quarter worth approximately $33,323,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions Stock Down 3.6%

Shares of VIAV stock opened at $39.14 on Friday. 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 firm has a fifty day moving average of $44.19 and a 200-day moving average of $38.96. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of -260.92 and a beta of 1.21.

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

Wall Street Analysts Forecast Growth

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

More 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 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.