Vontobel Holding Ltd. boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 996.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 89,463 shares of the technology company’s stock after buying an additional 81,303 shares during the period. Vontobel Holding Ltd.’s holdings in Littelfuse were worth $37,909,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of LFUS. BlackRock Inc. purchased a new stake in Littelfuse in the 2nd quarter worth $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Littelfuse during the 2nd quarter valued at about $185,057,000. William Blair Investment Management LLC bought a new position in shares of Littelfuse during the 2nd quarter valued at about $146,471,000. Bank of America Corp DE bought a new position in shares of Littelfuse during the 2nd quarter valued at about $115,306,000. Finally, Jupiter Topco LLC purchased a new position in shares of Littelfuse during the second quarter valued at about $94,552,000. 96.14% of the stock is currently owned by institutional investors.
Littelfuse Price Performance
Shares of LFUS stock traded down $10.94 on Friday, reaching $380.89. The company’s stock had a trading volume of 157,884 shares, compared to its average volume of 196,846. The stock’s fifty day simple moving average is $422.41 and its 200-day simple moving average is $425.74. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $9.67 billion, a price-to-earnings ratio of -761.76, a price-to-earnings-growth ratio of 2.07 and a beta of 1.48.
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced 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 negative net margin of 0.31% and a positive return on equity of 13.02%. Littelfuse’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Analysts forecast that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.
Littelfuse Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 20th. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend payout ratio is -640.00%.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $465.83.
Littelfuse Company Profile
Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and circuit-protection devices, power semiconductor products, relays, switches, sensors and power-distribution components.
The company serves customers in the automotive, commercial vehicle, industrial, electronics and communications markets. Its products are used in applications ranging from vehicle electrification and battery systems to factory automation, renewable energy, consumer electronics and electrical infrastructure.
Founded in 1927, Littelfuse has expanded from its early focus on circuit protection into a global supplier of electrical and electronic components.
Read More
- Five stocks we like better than Littelfuse
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Want to see what other hedge funds are holding LFUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Littelfuse, Inc. (NASDAQ:LFUS – Free Report).
Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter.
