Renaissance Technologies LLC trimmed its holdings in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 91.4% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 5,734 shares of the technology company’s stock after selling 61,080 shares during the quarter. Renaissance Technologies LLC’s holdings in Littelfuse were worth $1,946,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Key Capital Management INC purchased a new position in Littelfuse in the 4th quarter worth $25,000. Atlas Capital Advisors Inc. purchased a new stake in Littelfuse during the fourth quarter valued at about $27,000. V Square Quantitative Management LLC purchased a new stake in Littelfuse during the fourth quarter valued at about $30,000. Quarry LP bought a new position in shares of Littelfuse during the third quarter valued at about $36,000. Finally, Prosperity Bancshares Inc bought a new position in shares of Littelfuse during the fourth quarter valued at about $36,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Robert W. Baird boosted their target price on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Oppenheimer boosted their price objective on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $520.00 target price on shares of Littelfuse in a research note on Monday, May 18th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Littelfuse presently has an average rating of “Moderate Buy” and a consensus price target of $465.83.
Insider Transactions at Littelfuse
In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of the transaction, the director owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Maggie Chu sold 11,397 shares of Littelfuse stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the transaction, the senior vice president owned 6,001 shares of the company’s stock, valued at $2,613,315.48. The trade was a 65.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.00% of the company’s stock.
Littelfuse Trading Down 0.3%
LFUS opened at $453.87 on Wednesday. The stock has a market cap of $11.53 billion, a PE ratio of -907.72, a PEG ratio of 2.40 and a beta of 1.49. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average of $441.05 and a 200-day moving average of $398.00. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57.
Littelfuse (NASDAQ:LFUS – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.78 by $0.41. The company had revenue of $738.78 million for the quarter, compared to analysts’ expectations of $703.38 million. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities research analysts predict that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.
Littelfuse Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 20th. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend payout ratio (DPR) is -600.00%.
About Littelfuse
Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.
The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.
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