Renaissance Technologies LLC Lowers Holdings in Littelfuse, Inc. $LFUS

Renaissance Technologies LLC decreased its position in Littelfuse, Inc. (NASDAQ:LFUS) by 91.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,734 shares of the technology company’s stock after selling 61,080 shares during the period. Renaissance Technologies LLC’s holdings in Littelfuse were worth $1,946,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of LFUS. Parallel Advisors LLC increased its stake in Littelfuse by 6.0% during the 1st quarter. Parallel Advisors LLC now owns 597 shares of the technology company’s stock valued at $203,000 after purchasing an additional 34 shares in the last quarter. Logan Capital Management Inc. lifted its stake in shares of Littelfuse by 0.3% in the fourth quarter. Logan Capital Management Inc. now owns 11,543 shares of the technology company’s stock worth $2,920,000 after buying an additional 38 shares in the last quarter. Glenmede Investment Management LP lifted its stake in shares of Littelfuse by 1.5% in the third quarter. Glenmede Investment Management LP now owns 2,845 shares of the technology company’s stock worth $737,000 after buying an additional 43 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Littelfuse by 0.8% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company’s stock valued at $1,409,000 after buying an additional 46 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Littelfuse by 50.9% during the third quarter. Larson Financial Group LLC now owns 160 shares of the technology company’s stock valued at $41,000 after buying an additional 54 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Littelfuse

In related news, SVP Maggie Chu sold 11,397 shares of Littelfuse stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total value of $4,963,165.56. Following the completion of the sale, the senior vice president owned 6,001 shares of the company’s stock, valued at $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 at this link. Also, Director Anthony Grillo sold 3,000 shares of the stock in a transaction dated 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 completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

LFUS has been the subject of a number of recent analyst reports. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Williams Trading set a $520.00 target price on Littelfuse in a research note on Thursday, May 7th. Oppenheimer lifted their target price on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Robert W. Baird boosted their price target on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Stock Down 0.3%

LFUS opened at $453.87 on Wednesday. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $441.05 and a 200-day moving average price of $398.00. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month high of $500.57. The stock has a market capitalization of $11.53 billion, a price-to-earnings ratio of -907.72, a PEG ratio of 2.40 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, topping 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 company had revenue of $738.78 million for the quarter, compared to analysts’ expectations of $703.38 million. During the same quarter last year, the company posted $2.30 earnings per share. The firm’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 research analysts forecast that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The company 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 an increase from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, August 20th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.7%. Littelfuse’s dividend payout ratio (DPR) is -600.00%.

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.