Legal & General Group Plc acquired a new position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 34,153 shares of the technology company’s stock, valued at approximately $15,551,000.
Several other large investors have also modified their holdings of LFUS. Atlas Capital Advisors Inc. purchased a new stake in shares of Littelfuse in the fourth quarter worth approximately $27,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Littelfuse during the 2nd quarter valued at $51,000. Quarry LP purchased a new position in Littelfuse during the 3rd quarter valued at $36,000. Prosperity Bancshares Inc bought a new position in Littelfuse in the 4th quarter valued at $36,000. Finally, IFP Advisors Inc grew its position in Littelfuse by 292.1% in the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock valued at $38,000 after acquiring an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Littelfuse Stock Performance
Shares of NASDAQ LFUS opened at $405.42 on Monday. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month high of $500.57. The firm has a market cap of $10.30 billion, a PE ratio of -810.82, a price-to-earnings-growth ratio of 2.14 and a beta of 1.49. The business has a fifty day simple moving average of $430.65 and a two-hundred day simple moving average of $407.92. 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 Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.80 per share. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. Littelfuse’s payout ratio is -640.00%.
Analysts Set New Price Targets
Several analysts have recently weighed in on LFUS shares. Williams Trading set a $520.00 target price on Littelfuse in a research report on Thursday, May 7th. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Oppenheimer lifted their price objective on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Needham & Company LLC restated a “buy” rating and issued a $520.00 target price on shares of Littelfuse in a research note on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $465.83.
View Our Latest Report on Littelfuse
Insider Buying and Selling
In other news, Director Anthony Grillo sold 3,000 shares of the business’s 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 sale, the director owned 64,928 shares in the company, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.
Littelfuse 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.
Further Reading
- Five stocks we like better than Littelfuse
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
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.
