The Manufacturers Life Insurance Company Invests $8.26 Million in Littelfuse, Inc. $LFUS

The Manufacturers Life Insurance Company bought a new stake in Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 18,142 shares of the technology company’s stock, valued at approximately $8,261,000. The Manufacturers Life Insurance Company owned about 0.07% of Littelfuse as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Atlas Capital Advisors Inc. purchased a new stake in Littelfuse during the 4th quarter valued at about $27,000. Quarry LP purchased a new position in Littelfuse in the 3rd quarter worth approximately $36,000. Prosperity Bancshares Inc purchased a new position in Littelfuse in the 4th quarter worth approximately $36,000. IFP Advisors Inc boosted its holdings in shares of Littelfuse by 292.1% during the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock worth $38,000 after purchasing an additional 111 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of Littelfuse by 50.9% during the 3rd quarter. Larson Financial Group LLC now owns 160 shares of the technology company’s stock worth $41,000 after purchasing an additional 54 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LFUS has been the subject of several recent research reports. Williams Trading set a $520.00 price target on Littelfuse in a report on Thursday, May 7th. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Needham & Company LLC reiterated a “buy” rating and set a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Finally, Robert W. Baird boosted their price target on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Littelfuse currently has an average rating of “Moderate Buy” and an average target price of $465.83.

View Our Latest Report on Littelfuse

Littelfuse Price Performance

NASDAQ:LFUS opened at $405.42 on Monday. The company has a market capitalization of $10.30 billion, a P/E ratio of -810.82, a P/E/G ratio of 2.14 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. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57. The stock’s fifty day moving average is $430.65 and its two-hundred day moving average is $407.92.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.78 by $0.41. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The firm had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same period last year, the company earned $2.30 EPS. The company’s quarterly revenue was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities analysts expect that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.80 dividend. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.8%. Littelfuse’s payout ratio is presently -640.00%.

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of the company’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 value of $1,355,880.00. Following the transaction, the director directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. This represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.

Littelfuse Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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