ARS Wealth Advisors Group 13F: New $616K Stake in Coherent (COHR)
ARS Wealth Advisors Group has initiated a new position in Coherent Corp., acquiring 2,141 shares valued at approximately $616,201.
Reviewed by automated data checks against the source filing. How we make and check alerts
ARS Wealth Advisors Group opened a new position of 2,141 shares in Coherent Corp. ($COHR), according to a 13F filing with the SEC dated October 16, 2026. It reported 2,141 shares worth $616,201 at the end of the quarter.
Find the original: ARS Wealth Advisors Group 13F filings on SEC EDGAR
COHR
Coherent Corp.
Key Points
- ARS Wealth Advisors Group has taken a new position in Coherent Corp. (COHR), acquiring 2,141 shares worth about $616,201 on October 16, 2026.
- Coherent Corp. recently traded around $235.03, which is significantly below its 50-day moving average of $301.87 and its 52-week high of $440.
- Analysts remain optimistic on Coherent Corp., with a consensus 'buy' rating and a mean price target of $410.43.
Get $COHR trade alerts by text
We text you when insiders, Congress or big funds trade $COHR. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Coherent Corp. alert may contain errors. Disclosures
ARS Wealth Advisors Group has taken a new position in Coherent Corp. (COHR) with 2,141 shares, valued at approximately $616,201, in a filing on October 16, 2026.
What Changed in ARS Wealth Advisors Group's Coherent Corp. Position
The fund opened a new position in Coherent, reflecting its first stake in the company. This means ARS Wealth Advisors now holds 2,141 shares.
Other Institutional Activity in Coherent Corp.
Several other funds have been active in Coherent Corp. recently. Blackrock Inc. has 16,608,092 shares worth about $3.87 billion after growing its holdings by 1,655,277 shares, a 11.1% increase. Vanguard Capital Management LLC holds 12,765,663 shares valued at approximately $2.97 billion, adding 585,849 shares, which is a 4.8% increase. However, FMR, LLC reduced its stake by 11,647,187 shares, leaving it with 11,012,710 shares valued at about $2.56 billion, a significant 51.4% decrease.
Coherent Corp. Stock Down 10.7%
As of October 16, 2026, Coherent Corp. is trading around $235.03. This price is well below its 50-day moving average of $301.87 and 200-day moving average of $294.28. The stock is about 46.6% below its 52-week high of $440, but it is trading 108.1% above its 52-week low of $112.96.
Recent Earnings
Coherent Corp. reported trailing twelve-month revenue of about $7.12 billion, marking a 33.7% year-over-year revenue growth. The company's next earnings report is scheduled for November 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
3 analysts raised price targets.
-
EPS & revenue
EPS missed estimates by 1.1%. Revenue missed estimates by 0.5%.
-
Profit surprise
EBITDA missed by 59 percent. Operating income missed by 63 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
3 target raises.
-
Earnings quality
Gross margin up 2.4 points. Operating margin down 1.5 points. Positive free cash flow.
Earnings Call Summary
Coherent reported $1.81 billion in revenue for the first quarter, up 19 percent year over year on a pro forma basis. The company is experiencing record orders and exceptionally strong demand across its datacenter and communications businesses, driven by AI data center expansion and optical networking adoption. Management is aggressively ramping indium phosphide laser production capacity at two sites and expects to double capacity over the next year, with six-inch production yields exceeding three-inch lines.
Guidance Management expects second quarter revenue between $1.56 billion and $1.7 billion, with datacom growing 10 percent sequentially from supply improvement. Gross margin is projected between 38 and 40 percent, and EPS between $1.10 and $1.30 per share.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Insider Buying and Selling at Coherent Corp.
Recent insider transactions include Chief Technology Officer Julie Sheridan Eng, who sold 13,077 shares on September 1, 2026, valued at about $3.58 million. Director Lisa Neal-Graves sold 2,200 shares at a price of $268.42 on September 2, 2026, totaling around $590,524. Other notable sales include Robert P Beard and Enrico Digirolomo, who sold smaller amounts as well on prior dates.
Analysts Set New Price Targets
Analysts have been active with their ratings on Coherent Corp. Deutsche Bank initiated coverage with a 'Buy' rating and a $400 price target on September 1, 2026. On October 13, Rosenblatt reaffirmed their 'Buy' rating with a target of $500. B. Riley Securities maintained a 'Neutral' rating with a lowered target of $297 on October 15, 2026. The consensus among analysts is a 'buy' with an average price target of approximately $410.43 based on 23 opinions.
About Coherent Corp.
Coherent Corp. develops and manufactures lasers and other optical devices used in a variety of industries. This new position by ARS Wealth Advisors suggests growing interest in the company's technology solutions, particularly as it navigates current market conditions.
Bottom Line
Moving forward, investors should keep an eye on Coherent's upcoming earnings report on November 4, 2026, to gauge its financial health. The recent position taken by ARS Wealth Advisors reflects a growing interest in the company, but remember that 13F filings show positions that may not represent current holdings.
Related Filing Alerts
Source: ARS Wealth Advisors Group's 13F filing on $COHR (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: ARS Wealth Advisors Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts