23,703 Shares in Littelfuse, Inc. $LFUS Acquired by Heartland Advisors Inc.

Heartland Advisors Inc. bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 23,703 shares of the technology company’s stock, valued at approximately $10,793,000. Heartland Advisors Inc. owned 0.09% of Littelfuse as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. acquired a new stake in shares of Littelfuse in the fourth quarter worth $27,000. Quarry LP acquired a new position in Littelfuse in the 3rd quarter valued at $36,000. Prosperity Bancshares Inc acquired a new position in Littelfuse in the 4th quarter valued at $36,000. IFP Advisors Inc raised its holdings in Littelfuse by 292.1% in the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock worth $38,000 after acquiring an additional 111 shares during the period. Finally, Larson Financial Group LLC lifted its position in Littelfuse by 50.9% during the 3rd quarter. Larson Financial Group LLC now owns 160 shares of the technology company’s stock worth $41,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Littelfuse Stock Up 0.1%

Shares of LFUS stock opened at $412.26 on Friday. Littelfuse, Inc. has a one year low of $233.36 and a one year high of $500.57. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. The stock has a fifty day moving average price of $437.01 and a 200 day moving average price of $404.82. The stock has a market cap of $10.47 billion, a P/E ratio of -824.50, a price-to-earnings-growth ratio of 2.18 and a beta of 1.49.

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

Littelfuse Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. Littelfuse’s payout ratio is presently -640.00%.

Analysts Set New Price Targets

A number of research firms have issued reports on LFUS. Zacks Research cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Robert W. Baird lifted their price objective on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Oppenheimer increased their target price on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $520.00 target price on shares of Littelfuse in a report on Monday, May 18th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $465.83.

Get Our Latest Research Report on Littelfuse

Insider Buying and Selling

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 64,928 shares in the company, valued at $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Littelfuse Company 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.

See Also

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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