Connor Clark & Lunn Investment Management Ltd. Acquires New Holdings in Littelfuse, Inc. $LFUS

Connor Clark & Lunn Investment Management Ltd. bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS) during the second quarter, Holdings Channel.com reports. The firm bought 55,890 shares of the technology company’s stock, valued at approximately $25,448,000.

Other large investors also recently modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new stake in shares of Littelfuse during the 4th quarter valued at $27,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Littelfuse in the second quarter valued at about $51,000. Quarry LP bought a new position in Littelfuse in the third quarter valued at about $36,000. Prosperity Bancshares Inc acquired a new stake in shares of Littelfuse during the fourth quarter valued at about $36,000. Finally, IFP Advisors Inc grew its holdings in shares of Littelfuse by 292.1% during the fourth 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. 96.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Williams Trading set a $520.00 price objective on Littelfuse in a research note on Thursday, May 7th. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price objective on shares of Littelfuse in a research note on Monday, May 18th. Finally, Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Stock Performance

Shares of LFUS stock opened at $403.37 on Tuesday. The business’s 50 day simple moving average is $435.54 and its 200 day simple moving average is $405.88. Littelfuse, Inc. has a one year low of $233.36 and a one year high of $500.57. The stock has a market capitalization of $10.25 billion, a PE ratio of -806.72, a PEG ratio of 2.18 and a beta of 1.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The business had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, research analysts forecast that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

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

Insiders Place Their Bets

In related news, Director Anthony Grillo sold 3,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were 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. The trade was a 4.42% decrease in their ownership of the stock. 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 corporate insiders.

Littelfuse 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.