Heartland Advisors Inc. Sells 2,615 Shares of Littelfuse, Inc. $LFUS

Heartland Advisors Inc. trimmed its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 8.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,835 shares of the technology company’s stock after selling 2,615 shares during the quarter. Heartland Advisors Inc.’s holdings in Littelfuse were worth $9,106,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Key Capital Management INC acquired a new stake in shares of Littelfuse in the fourth quarter worth about $25,000. Atlas Capital Advisors Inc. acquired a new position in shares of Littelfuse during the 4th quarter valued at about $27,000. V Square Quantitative Management LLC acquired a new position in shares of Littelfuse during the 4th quarter valued at about $30,000. Quarry LP bought a new position in shares of Littelfuse in the 3rd quarter valued at approximately $36,000. Finally, Prosperity Bancshares Inc bought a new position in shares of Littelfuse in the 4th quarter valued at approximately $36,000. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on LFUS shares. Williams Trading set a $520.00 target price on Littelfuse in a report on Thursday, May 7th. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, Robert W. Baird upped their price objective on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Check Out Our Latest Stock Report on LFUS

Littelfuse Trading Down 1.1%

Littelfuse stock opened at $397.75 on Friday. Littelfuse, Inc. has a 52 week low of $226.18 and a 52 week high of $500.57. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.82 and a current ratio of 2.61. The firm has a market capitalization of $10.06 billion, a PE ratio of -235.35, a PEG ratio of 2.23 and a beta of 1.49. The business’s 50-day simple moving average is $450.78 and its 200-day simple moving average is $378.64.

Littelfuse (NASDAQ:LFUSGet Free Report) last announced its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.48. The firm had revenue of $656.97 million during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned $2.19 EPS. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. Equities research analysts forecast that Littelfuse, Inc. will post 14.86 earnings per share for the current year.

Littelfuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, May 21st. Littelfuse’s dividend payout ratio is currently -177.51%.

Insider Activity at Littelfuse

In related news, SVP Maggie Chu sold 11,397 shares of the business’s stock in a transaction 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 approximately $2,613,315.48. The trade was a 65.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction 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 transaction, the director owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 15,494 shares of company stock valued at $6,750,834 over the last three months. 1.00% of the stock is owned by company insiders.

Littelfuse 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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