Summit Creek Advisors LLC Increases Position in Littelfuse, Inc. $LFUS

Summit Creek Advisors LLC increased its position in Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 70,714 shares of the technology company’s stock after buying an additional 5,678 shares during the period. Littelfuse accounts for about 2.8% of Summit Creek Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Summit Creek Advisors LLC’s holdings in Littelfuse were worth $17,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. 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 worth $38,000 after purchasing an additional 111 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Littelfuse by 554.6% during the 4th quarter. HighTower Advisors LLC now owns 23,744 shares of the technology company’s stock valued at $6,005,000 after purchasing an additional 20,117 shares during the last quarter. North Dakota State Investment Board bought a new position in Littelfuse during the 4th quarter valued at about $220,000. Northwestern Mutual Investment Management Company LLC lifted its holdings in Littelfuse by 0.8% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company’s stock valued at $1,409,000 after purchasing an additional 46 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Littelfuse by 4.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 298,905 shares of the technology company’s stock valued at $75,599,000 after purchasing an additional 13,437 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on LFUS shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $520.00 target price on shares of Littelfuse in a research note on Monday. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Zacks Research raised shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. Benchmark raised shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price target for the company in a research note on Thursday, January 29th. Finally, Robert W. Baird set a $360.00 price target on shares of Littelfuse in a research note on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Littelfuse currently has a consensus rating of “Buy” and an average price target of $436.67.

Get Our Latest Stock Report on Littelfuse

Insider Activity at Littelfuse

In related news, SVP Maggie Chu sold 815 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $392.47, for a total transaction of $319,863.05. Following the completion of the transaction, the senior vice president owned 6,283 shares in the company, valued at approximately $2,465,889.01. The trade was a 11.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gordon Hunter sold 911 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $367.68, for a total transaction of $334,956.48. Following the transaction, the director owned 26,789 shares of the company’s stock, valued at approximately $9,849,779.52. This represents a 3.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 4,351 shares of company stock worth $1,629,860. 1.00% of the stock is currently owned by company insiders.

Littelfuse Stock Up 2.6%

Shares of NASDAQ LFUS opened at $441.26 on Thursday. The stock has a market cap of $11.16 billion, a P/E ratio of -261.10, a P/E/G ratio of 2.41 and a beta of 1.46. The firm has a 50 day moving average price of $381.45 and a 200 day moving average price of $320.63. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.82 and a current ratio of 2.61. Littelfuse, Inc. has a 52-week low of $201.19 and a 52-week high of $483.95.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.83 by $0.48. The firm had revenue of $656.97 million during the quarter, compared to analysts’ expectations of $638.98 million. Littelfuse had a negative net margin of 1.61% and a positive return on equity of 11.62%. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. Analysts expect that Littelfuse, Inc. will post 14.86 EPS for the current year.

Littelfuse Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be issued a dividend of $0.75 per share. The ex-dividend date is Thursday, May 21st. This represents a $3.00 dividend on an annualized basis and a yield of 0.7%. Littelfuse’s payout ratio is currently -177.51%.

Littelfuse 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.

Further Reading

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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