Empowered Funds LLC Takes Position in Littelfuse, Inc. $LFUS

Empowered Funds LLC acquired a new stake in Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the second quarter, Holdings Channel.com reports. The fund acquired 19,295 shares of the technology company’s stock, valued at approximately $8,786,000.

Several other large investors also recently bought and sold shares of LFUS. Grandeur Peak Global Advisors LLC acquired a new stake in Littelfuse in the second quarter valued at approximately $19,059,000. Hill City Capital LP acquired a new position in Littelfuse in the second quarter valued at approximately $54,639,600. Caitlin John LLC purchased a new stake in shares of Littelfuse during the 2nd quarter worth approximately $33,000. Public Employees Retirement System of Ohio acquired a new position in shares of Littelfuse in the 2nd quarter valued at $3,642,000. Finally, Corient Private Wealth LP purchased a new position in shares of Littelfuse during the second quarter worth about $4,727,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insider Transactions at Littelfuse

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the 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 owned 64,928 shares in the company, valued at $29,344,858.88. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

LFUS has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Robert W. Baird boosted their price objective on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Oppenheimer boosted their target price on shares of Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Needham & Company LLC restated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Littelfuse presently has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Get Our Latest Stock Analysis on Littelfuse

Littelfuse Stock Down 3.8%

LFUS stock opened at $405.42 on Friday. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month high of $500.57. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.20. The company has a market cap of $10.30 billion, a price-to-earnings ratio of -810.82, a P/E/G ratio of 2.14 and a beta of 1.49. The business has a 50 day moving average price of $430.65 and a two-hundred day moving average price of $407.50.

Littelfuse (NASDAQ:LFUSGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $738.78 million for 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 business’s revenue for the quarter was up 20.4% compared to the same quarter last year. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Analysts anticipate that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.

Littelfuse Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s payout ratio is -640.00%.

About Littelfuse

(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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