Two Sigma Securities LLC Acquires Shares of 1,651 Littelfuse, Inc. $LFUS

Two Sigma Securities LLC purchased a new stake in Littelfuse, Inc. (NASDAQ:LFUSFree Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 1,651 shares of the technology company’s stock, valued at approximately $752,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Littelfuse in the second quarter valued at $1,148,821,000. Wellington Management Group LLP purchased a new position in shares of Littelfuse in the 4th quarter valued at about $114,166,000. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Littelfuse by 67.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after purchasing an additional 412,160 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of Littelfuse in the second quarter valued at about $146,471,000. Finally, Norges Bank purchased a new stake in Littelfuse during the fourth quarter worth about $73,575,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Buying and Selling

In related news, Director Anthony Grillo sold 3,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Littelfuse Stock Down 0.8%

LFUS stock opened at $408.91 on Wednesday. The company’s 50 day simple moving average is $427.95 and its 200-day simple moving average is $408.72. The firm has a market capitalization of $10.39 billion, a PE ratio of -817.80, a P/E/G ratio of 2.18 and a beta of 1.48. Littelfuse, Inc. has a 12 month low of $233.36 and a 12 month high of $500.57. 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:LFUSGet Free Report) last issued its quarterly earnings data 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 firm had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same period in the previous year, the firm posted $2.30 EPS. The company’s quarterly 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. Equities analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, August 20th. This is an increase 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 dividend payout ratio is -640.00%.

Analysts Set New Price Targets

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

Read Our Latest Analysis 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.

Further Reading

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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