D.B. Root & Company LLC acquired a new position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) during the second quarter, Holdings Channel reports. The firm acquired 1,259 shares of the technology company’s stock, valued at approximately $573,000.
Other institutional investors have also modified their holdings of the company. BlackRock Inc. bought a new position in Littelfuse during the second quarter valued at about $1,148,821,000. Wellington Management Group LLP bought a new position in shares of Littelfuse during the 4th quarter valued at about $114,166,000. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of 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 valued at $259,035,000 after purchasing an additional 412,160 shares in the last quarter. William Blair Investment Management LLC acquired a new position in shares of Littelfuse in the 2nd quarter worth approximately $146,471,000. Finally, Norges Bank acquired a new position in shares of Littelfuse in the 4th quarter worth approximately $73,575,000. 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 company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $451.96, for a total value of $1,355,880.00. Following the transaction, the director owned 64,928 shares in the company, valued at $29,344,858.88. This represents a 4.42% decrease in their position. 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 company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Littelfuse
Littelfuse Stock Performance
NASDAQ LFUS opened at $412.26 on Monday. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month 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. The stock has a market cap of $10.47 billion, a price-to-earnings ratio of -824.50, a PEG ratio of 2.18 and a beta of 1.49. The firm’s 50 day moving average price is $437.01 and its two-hundred day moving average price is $405.38.
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (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 company had revenue of $738.78 million during the quarter, compared to analyst estimates of $703.38 million. During the same quarter in the prior year, the company earned $2.30 earnings per share. The company’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. Equities analysts anticipate that Littelfuse, Inc. will post 15.78 EPS for the current year.
Littelfuse Increases Dividend
The firm also recently disclosed 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 represents a $3.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. This is a boost from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend payout ratio is -640.00%.
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.
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