Ceredex Value Advisors LLC Makes New $12.92 Million Investment in Littelfuse, Inc. $LFUS

Ceredex Value Advisors LLC bought a new stake in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 28,375 shares of the technology company’s stock, valued at approximately $12,920,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Horizon Investments LLC bought a new position in Littelfuse during the 4th quarter worth about $617,000. Teacher Retirement System of Texas raised its holdings in shares of Littelfuse by 16.3% in the 4th quarter. Teacher Retirement System of Texas now owns 29,010 shares of the technology company’s stock valued at $7,337,000 after purchasing an additional 4,065 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Littelfuse by 554.6% in the 4th quarter. HighTower Advisors LLC now owns 23,744 shares of the technology company’s stock worth $6,005,000 after purchasing an additional 20,117 shares during the period. Summit Creek Advisors LLC boosted its stake in shares of Littelfuse by 8.7% during the fourth quarter. Summit Creek Advisors LLC now owns 70,714 shares of the technology company’s stock valued at $17,885,000 after purchasing an additional 5,678 shares in the last quarter. Finally, Nano Cap New Millennium Growth Fund L P bought a new position in shares of Littelfuse during the fourth quarter valued at approximately $822,000. Institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Down 0.7%

Shares of Littelfuse stock opened at $411.97 on Friday. 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 $10.46 billion, a P/E ratio of -823.92, a PEG ratio of 2.19 and a beta of 1.49. The firm’s 50 day moving average price is $438.21 and its 200-day moving average price is $404.77. Littelfuse, Inc. has a 52-week low of $233.36 and a 52-week high of $500.57.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The company had revenue of $738.78 million during the quarter, compared to analysts’ expectations of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. Littelfuse’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 company posted $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. On average, sell-side analysts predict that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.

Littelfuse Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Thursday, August 20th. 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 dividend yield of 0.8%. Littelfuse’s payout ratio is currently -600.00%.

Insider Activity at Littelfuse

In other 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 completion of the sale, the director owned 64,928 shares in the company, valued at approximately $29,344,858.88. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on LFUS shares. Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Needham & Company LLC reiterated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Oppenheimer boosted their price target on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Get Our Latest Report on LFUS

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.

See Also

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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