Littelfuse, Inc. $LFUS Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System boosted its holdings in Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 24.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,300 shares of the technology company’s stock after purchasing an additional 5,721 shares during the period. California State Teachers Retirement System’s holdings in Littelfuse were worth $9,943,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Key Capital Management INC acquired a new position in shares of Littelfuse in the 4th quarter valued at approximately $25,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Littelfuse during the fourth quarter worth approximately $27,000. V Square Quantitative Management LLC acquired a new stake in Littelfuse in the fourth quarter valued at $30,000. Quarry LP bought a new position in Littelfuse during the 3rd quarter valued at $36,000. Finally, Prosperity Bancshares Inc bought a new position in Littelfuse during the 4th quarter valued at $36,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Buying and Selling at Littelfuse

In other news, SVP Maggie Chu sold 11,397 shares of the company’s stock in a transaction dated 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 completion of the transaction, the senior vice president owned 6,001 shares in the company, valued at approximately $2,613,315.48. This represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Anthony Grillo sold 3,000 shares of the stock in a transaction dated 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 completion of the sale, 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 position. The SEC filing for this sale provides additional information. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Needham & Company LLC reissued a “buy” rating and issued a $520.00 target price on shares of Littelfuse in a research report on Monday, May 18th. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Oppenheimer upped their price objective on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $465.83.

Check Out Our Latest Stock Report on LFUS

Littelfuse Stock Up 0.7%

NASDAQ:LFUS opened at $445.20 on Tuesday. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average of $442.89 and a 200-day moving average of $390.99. The firm has a market capitalization of $11.31 billion, a PE ratio of -890.38, a price-to-earnings-growth ratio of 2.33 and a beta of 1.49. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57.

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, topping the consensus estimate 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 last year, the business posted $2.30 EPS. The business’s revenue was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Analysts predict that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid a $0.80 dividend. The ex-dividend date is Thursday, August 20th. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a yield of 0.7%. Littelfuse’s dividend payout ratio (DPR) is -640.00%.

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.

See Also

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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