The Manufacturers Life Insurance Company Buys Shares of 18,142 Littelfuse, Inc. $LFUS

The Manufacturers Life Insurance Company purchased a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,142 shares of the technology company’s stock, valued at approximately $8,261,000.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Littelfuse by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after purchasing an additional 44,826 shares in the last quarter. BlackRock Inc. purchased a new stake in Littelfuse during the 2nd quarter worth approximately $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Littelfuse by 67.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock worth $259,035,000 after buying an additional 412,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. boosted its position in Littelfuse by 3.9% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock valued at $247,988,000 after buying an additional 37,203 shares during the period. Finally, T. Rowe Price Investment Management Inc. boosted its position in Littelfuse by 58.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after buying an additional 225,445 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insiders Place Their Bets

In other news, Director Anthony Grillo sold 3,000 shares of the business’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 in the company, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company’s stock.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $405.42 on Monday. The stock has a 50-day simple moving average of $430.65 and a 200-day simple moving average of $407.92. The stock has a market cap of $10.30 billion, a P/E ratio of -810.82, a P/E/G ratio of 2.14 and a beta of 1.49. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. 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 (NASDAQ:LFUS) last released its quarterly earnings data 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 business had revenue of $738.78 million for the quarter, compared to the consensus estimate of $703.38 million. During the same quarter in the prior year, the business posted $2.30 EPS. The business’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, analysts anticipate that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.80 per share. 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 dividend payout ratio is -640.00%.

Analysts Set New Price Targets

A number of research firms have issued reports on LFUS. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Robert W. Baird upped their target price on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Williams Trading set a $520.00 target price on shares of Littelfuse in a report on Thursday, May 7th. Oppenheimer lifted their price target on shares of Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $465.83.

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.