Townsquare Capital LLC Reduces Stock Position in Littelfuse, Inc. $LFUS

Townsquare Capital LLC reduced its holdings in Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 42.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,585 shares of the technology company’s stock after selling 2,645 shares during the period. Townsquare Capital LLC’s holdings in Littelfuse were worth $907,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Key Capital Management INC purchased a new position in Littelfuse in the fourth quarter worth about $25,000. V Square Quantitative Management LLC purchased a new position in Littelfuse in the fourth quarter worth about $30,000. Smartleaf Asset Management LLC grew its position in Littelfuse by 1,025.0% in the third quarter. Smartleaf Asset Management LLC now owns 135 shares of the technology company’s stock worth $35,000 after acquiring an additional 123 shares in the last quarter. Hantz Financial Services Inc. grew its position in Littelfuse by 57.6% in the third quarter. Hantz Financial Services Inc. now owns 134 shares of the technology company’s stock worth $35,000 after acquiring an additional 49 shares in the last quarter. Finally, Quarry LP purchased a new position in Littelfuse in the third quarter worth about $36,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Stock Down 3.6%

Shares of LFUS opened at $439.44 on Thursday. The company has a market cap of $11.11 billion, a PE ratio of -260.02, a P/E/G ratio of 2.56 and a beta of 1.48. The business has a fifty day moving average of $421.57 and a 200 day moving average of $344.33. Littelfuse, Inc. has a 52-week low of $215.16 and a 52-week high of $500.57. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.48. The company had revenue of $656.97 million during the quarter, compared to the consensus estimate of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.Littelfuse’s revenue was up 18.5% on a year-over-year basis. During the same period last year, the company earned $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, sell-side analysts expect that Littelfuse, Inc. will post 14.86 EPS for the current year.

Littelfuse Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a $0.75 dividend. The ex-dividend date was Thursday, May 21st. This represents a $3.00 dividend on an annualized basis and a yield of 0.7%. Littelfuse’s dividend payout ratio (DPR) is presently -177.51%.

Insiders Place Their Bets

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total value of $4,963,165.56. Following the sale, the senior vice president owned 6,001 shares in the company, valued at $2,613,315.48. This trade represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 12,494 shares of company stock valued at $5,394,954 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

LFUS has been the subject of several recent research reports. Zacks Research upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 8th. Needham & Company LLC restated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Weiss Ratings downgraded Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 13th. Oppenheimer raised 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 upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Littelfuse currently has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.

Read Our Latest Stock Report on Littelfuse

Littelfuse Company Profile

(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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