PDT Partners LLC acquired a new position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 4,500 shares of the technology company’s stock, valued at approximately $2,049,000.
Other institutional investors have also modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new stake in shares of Littelfuse in the fourth quarter valued at approximately $27,000. Quarry LP purchased a new stake in Littelfuse in the 3rd quarter valued at about $36,000. Prosperity Bancshares Inc acquired a new position in shares of Littelfuse during the 4th quarter valued at about $36,000. IFP Advisors Inc lifted 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 acquiring an additional 111 shares during the period. Finally, Larson Financial Group LLC lifted 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 acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Williams Trading set a $520.00 price objective on Littelfuse in a report on Thursday, May 7th. Robert W. Baird increased their target price on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Oppenheimer lifted their target price on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Littelfuse has a consensus rating of “Moderate Buy” and an average target price of $465.83.
Insider Activity
In related news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the sale, the director directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.
Littelfuse Price Performance
LFUS opened at $418.72 on Thursday. Littelfuse, Inc. has a 52-week low of $233.36 and a 52-week high of $500.57. The company has a 50 day moving average of $433.31 and a two-hundred day moving average of $407.01. The company has a market cap of $10.64 billion, a P/E ratio of -837.42, 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 (NASDAQ:LFUS – Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating the consensus estimate of $3.78 by $0.41. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The business had revenue of $738.78 million for the quarter, compared to analyst estimates of $703.38 million. During the same quarter in the previous year, the business posted $2.30 EPS. The business’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. On average, analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current year.
Littelfuse Increases Dividend
The business also recently announced 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 represents a $3.20 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, August 20th. Littelfuse’s payout ratio is -640.00%.
Littelfuse Company Profile
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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