Walleye Capital LLC Acquires Shares of 4,600 Littelfuse, Inc. $LFUS

Walleye Capital LLC bought a new stake in Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,600 shares of the technology company’s stock, valued at approximately $1,561,000.

Several other hedge funds have also made changes to their positions in the business. Royal Bank of Canada increased its position in Littelfuse by 3.6% in the 1st quarter. Royal Bank of Canada now owns 32,206 shares of the technology company’s stock valued at $6,337,000 after acquiring an additional 1,107 shares during the period. Advisors Asset Management Inc. lifted its position in Littelfuse by 42.0% during the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock worth $61,000 after acquiring an additional 92 shares during the period. AQR Capital Management LLC lifted its position in Littelfuse by 93.6% during the 1st quarter. AQR Capital Management LLC now owns 20,073 shares of the technology company’s stock worth $3,892,000 after acquiring an additional 9,706 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Littelfuse by 104.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the technology company’s stock valued at $66,000 after purchasing an additional 170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Littelfuse by 652.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the technology company’s stock valued at $119,000 after purchasing an additional 457 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Littelfuse Stock Performance

NASDAQ LFUS opened at $415.17 on Friday. The stock has a market capitalization of $10.50 billion, a price-to-earnings ratio of -245.66, a PEG ratio of 2.33 and a beta of 1.49. The business’s 50 day moving average is $446.46 and its two-hundred day moving average is $383.87. Littelfuse, Inc. has a 12-month low of $226.18 and a 12-month high of $500.57. The company has a current ratio of 2.61, a quick ratio of 1.82 and a debt-to-equity ratio of 0.21.

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

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the sale, the senior vice president directly owned 6,001 shares in the company, valued at approximately $2,613,315.48. The trade was a 65.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the transaction, the director directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 15,494 shares of company stock valued at $6,750,834 in the last quarter. 1.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Oppenheimer upped their price target on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Zacks Research cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Littelfuse in a research report on Friday, July 10th. Finally, Robert W. Baird raised 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. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $465.83.

Check Out Our Latest Report on Littelfuse

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.

Further Reading

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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