Pallas Capital Advisors LLC Takes $1.02 Million Position in Littelfuse, Inc. $LFUS

Pallas Capital Advisors LLC bought a new stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,233 shares of the technology company’s stock, valued at approximately $1,017,000.

A number of other institutional investors have also recently added to or reduced their stakes in LFUS. Deutsche Bank AG acquired a new stake in Littelfuse in the 2nd quarter valued at $2,216,000. Perigon Wealth Management LLC acquired a new position in shares of Littelfuse during the second quarter worth about $245,000. Phillips Wealth Planners LLC purchased a new stake in shares of Littelfuse in the second quarter worth about $230,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Littelfuse in the second quarter worth about $51,000. Finally, Persistent Asset Partners Ltd acquired a new stake in shares of Littelfuse in the second quarter valued at about $2,699,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Littelfuse

In other news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.

Littelfuse Stock Down 7.3%

Shares of NASDAQ LFUS opened at $437.51 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The stock’s 50-day simple moving average is $439.72 and its 200-day simple moving average is $403.52. The firm has a market cap of $11.11 billion, a price-to-earnings ratio of -875.00, a PEG ratio of 2.42 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The firm had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same quarter in the prior year, the business posted $2.30 earnings per share. Littelfuse’s revenue for the quarter was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, equities analysts anticipate that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The firm 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 dividend of $0.80 per share. 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 annualized dividend and a dividend yield of 0.7%. Littelfuse’s dividend payout ratio (DPR) is currently -640.00%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LFUS. Robert W. Baird raised their target price on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research report on Thursday, May 7th. Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. 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, 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $465.83.

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.