Littelfuse, Inc. $LFUS Position Cut by Van ECK Associates Corp

Van ECK Associates Corp lowered its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 24.8% in the 2nd quarter, Holdings Channel reports. The fund owned 6,998 shares of the technology company’s stock after selling 2,312 shares during the period. Van ECK Associates Corp’s holdings in Littelfuse were worth $3,186,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Hsbc Holdings PLC lifted its position in Littelfuse by 28.8% in the 2nd quarter. Hsbc Holdings PLC now owns 7,295 shares of the technology company’s stock valued at $3,332,000 after purchasing an additional 1,633 shares during the last quarter. Empowered Funds LLC bought a new position in Littelfuse in the 2nd quarter worth about $8,786,000. Grandeur Peak Global Advisors LLC acquired a new stake in shares of Littelfuse in the second quarter valued at approximately $19,059,000. Hill City Capital LP bought a new stake in shares of Littelfuse during the second quarter valued at approximately $54,639,600. Finally, Caitlin John LLC bought a new stake in shares of Littelfuse during the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LFUS. Zacks Research lowered 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. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research note on Monday, May 18th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research note on Thursday, May 7th. Finally, Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Littelfuse presently has an average rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Price Performance

Shares of NASDAQ:LFUS opened at $414.24 on Friday. Littelfuse, Inc. has a 12 month low of $233.36 and a 12 month high of $500.57. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of -828.46, a PEG ratio of 2.17 and a beta of 1.47. The stock’s 50 day moving average price is $425.63 and its 200 day moving average price is $409.48. 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, topping analysts’ consensus estimates 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 prior year, the firm posted $2.30 earnings per share. The firm’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. Equities research analysts anticipate that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

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

Insiders Place Their Bets

In related news, Director Anthony Grillo sold 3,000 shares of Littelfuse stock in a transaction dated 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 directly owned 64,928 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by corporate insiders.

About Littelfuse

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.