Principal Financial Group Inc. Acquires 15,971 Shares of Littelfuse, Inc. $LFUS

Principal Financial Group Inc. raised its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 6.6% in the 1st quarter, HoldingsChannel reports. The firm owned 257,187 shares of the technology company’s stock after buying an additional 15,971 shares during the period. Principal Financial Group Inc.’s holdings in Littelfuse were worth $87,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Littelfuse by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after purchasing an additional 44,826 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Littelfuse by 67.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock worth $259,035,000 after buying an additional 412,160 shares during the period. Van Lanschot Kempen Investment Management N.V. grew its stake in Littelfuse by 3.9% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock valued at $247,988,000 after buying an additional 37,203 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Littelfuse by 58.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after buying an additional 225,445 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Littelfuse by 5.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 516,479 shares of the technology company’s stock valued at $130,635,000 after acquiring an additional 25,860 shares during the period. 96.14% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total value of $1,355,880.00. Following the transaction, the director owned 64,928 shares in the company, 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 the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total value of $4,963,165.56. Following the completion of the transaction, the senior vice president directly owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. This trade represents a 65.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 15,494 shares of company stock valued at $6,750,834. Corporate insiders own 1.00% of the company’s stock.

Littelfuse Stock Down 0.2%

Shares of LFUS opened at $415.49 on Thursday. Littelfuse, Inc. has a 12 month low of $225.25 and a 12 month high of $500.57. The firm’s 50 day moving average is $452.75 and its 200-day moving average is $377.52. The stock has a market capitalization of $10.51 billion, a PE ratio of -245.85, a P/E/G ratio of 2.34 and a beta of 1.49. The company has a current ratio of 2.61, a quick ratio of 1.82 and a debt-to-equity ratio of 0.21.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.48. The business had revenue of $656.97 million during the quarter, compared to analysts’ expectations of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. Equities research analysts forecast that Littelfuse, Inc. will post 14.86 EPS for the current year.

Littelfuse Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were issued a $0.75 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $3.00 annualized dividend and a yield of 0.7%. Littelfuse’s payout ratio is currently -177.51%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research report on Thursday, May 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Littelfuse in a research note on Friday, July 10th. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Needham & Company LLC restated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research note on Monday, May 18th. Finally, Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Littelfuse currently has an average rating of “Moderate Buy” and a consensus price target of $465.83.

Get Our Latest Stock Analysis on LFUS

About Littelfuse

(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.

Further Reading

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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