Hsbc Holdings PLC purchased a new stake in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 7,295 shares of the technology company’s stock, valued at approximately $3,332,000.
A number of other large investors also recently made changes to their positions in LFUS. Atlas Capital Advisors Inc. purchased a new stake in shares of Littelfuse in the fourth quarter valued at $27,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Littelfuse in the second quarter valued at $51,000. Quarry LP purchased a new position in Littelfuse during the third quarter worth about $36,000. Prosperity Bancshares Inc acquired a new stake in Littelfuse in the 4th quarter worth about $36,000. Finally, IFP Advisors Inc boosted its stake in Littelfuse by 292.1% in the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock worth $38,000 after buying an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Analyst Ratings Changes
LFUS has been the subject 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 research note on Saturday, May 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 price target on shares of Littelfuse in a research note on Monday, May 18th. Robert W. Baird lifted their price target on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Zacks Research cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Oppenheimer upped their price objective on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $465.83.
Littelfuse Stock Down 3.8%
LFUS opened at $405.42 on Friday. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The firm has a 50 day moving average price of $430.65 and a 200 day moving average price of $407.50. 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 company has a market cap of $10.30 billion, a PE ratio of -810.82, a price-to-earnings-growth ratio of 2.14 and a beta of 1.49.
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced its quarterly 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. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The firm had revenue of $738.78 million for the quarter, compared to analysts’ expectations of $703.38 million. During the same period in the previous year, the company posted $2.30 earnings per share. Littelfuse’s revenue was up 20.4% compared to the same quarter last year. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Sell-side analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current year.
Littelfuse Increases Dividend
The business 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 $0.80 dividend. The ex-dividend date is Thursday, August 20th. This represents a $3.20 annualized dividend and a yield of 0.8%. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s payout ratio is currently -640.00%.
Insider Transactions at Littelfuse
In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the firm’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 directly owned 64,928 shares of the company’s stock, valued at $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.
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.
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