Southpoint Capital Advisors LP Buys Shares of 150,000 Littelfuse, Inc. $LFUS

Southpoint Capital Advisors LP purchased a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 150,000 shares of the technology company’s stock, valued at approximately $50,902,000. Littelfuse makes up approximately 1.0% of Southpoint Capital Advisors LP’s holdings, making the stock its 29th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Littelfuse by 3.6% in the 1st quarter. Royal Bank of Canada now owns 32,206 shares of the technology company’s stock worth $6,337,000 after purchasing an additional 1,107 shares during the period. Advisors Asset Management Inc. boosted its position in Littelfuse by 42.0% during the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock valued at $61,000 after acquiring an additional 92 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Littelfuse by 93.6% in the 1st quarter. AQR Capital Management LLC now owns 20,073 shares of the technology company’s stock valued at $3,892,000 after acquiring an additional 9,706 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Littelfuse by 104.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the technology company’s stock worth $66,000 after acquiring an additional 170 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Littelfuse by 652.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the technology company’s stock worth $119,000 after purchasing an additional 457 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on LFUS. Weiss Ratings reiterated a “sell (d+)” rating on shares of Littelfuse in a report on Friday, July 10th. Needham & Company LLC restated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research report on Thursday, May 7th. Robert W. Baird boosted their price objective on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Oppenheimer increased their target price on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $465.83.

Littelfuse Price Performance

Shares of NASDAQ:LFUS opened at $402.99 on Tuesday. The company has a current ratio of 2.61, a quick ratio of 1.82 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $444.98 and its 200 day moving average is $385.69. Littelfuse, Inc. has a twelve month low of $227.73 and a twelve month high of $500.57. The company has a market cap of $10.19 billion, a PE ratio of -238.45, a price-to-earnings-growth ratio of 2.27 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, beating 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 negative net margin of 1.61% and a positive return on equity of 11.62%. The firm’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, sell-side analysts forecast that Littelfuse, Inc. will post 14.86 EPS for the current year.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the transaction, the senior vice president owned 6,001 shares in the company, valued at approximately $2,613,315.48. This represents a 65.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Anthony Grillo sold 3,000 shares of the stock in a transaction that occurred on 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 transaction, the director owned 64,928 shares in the company, valued at $29,344,858.88. This trade represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 14,679 shares of company stock valued at $6,430,971. Company insiders own 1.00% of the company’s stock.

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.