State of Wyoming bought a new position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,626 shares of the technology company’s stock, valued at approximately $740,000.
Several other hedge funds have also added to or reduced their stakes in the business. Trifecta Capital Advisors LLC purchased a new stake in Littelfuse during the second quarter valued at about $137,000. Oppenheimer Asset Management Inc. bought a new position in shares of Littelfuse during the second quarter valued at about $2,341,000. Handelsbanken Fonder AB increased its holdings in shares of Littelfuse by 65.3% in the second quarter. Handelsbanken Fonder AB now owns 3,745 shares of the technology company’s stock worth $1,705,000 after buying an additional 1,480 shares during the period. Revolve Wealth Partners LLC purchased a new position in shares of Littelfuse in the second quarter worth about $234,000. Finally, Everhart Financial Group Inc. lifted its stake in shares of Littelfuse by 3.0% in the 2nd quarter. Everhart Financial Group Inc. now owns 1,522 shares of the technology company’s stock valued at $693,000 after acquiring an additional 44 shares during the last quarter. 96.14% of the stock is owned by institutional investors.
Insider Activity at Littelfuse
In other news, SVP Maggie Chu sold 11,397 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Anthony Grillo sold 3,000 shares of Littelfuse 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 sale, the director owned 64,928 shares in the company, valued at $29,344,858.88. This represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
View Our Latest Analysis on LFUS
Littelfuse Stock Performance
Shares of LFUS opened at $457.57 on Monday. The firm’s 50-day moving average price is $439.94 and its 200-day moving average price is $401.42. The firm has a market capitalization of $11.62 billion, a price-to-earnings ratio of -915.12, a PEG ratio of 2.42 and a beta of 1.49. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57.
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.78 by $0.41. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The company 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 earned $2.30 earnings per share. Littelfuse’s revenue was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Sell-side analysts anticipate that Littelfuse, Inc. will post 15.78 EPS for the current year.
Littelfuse Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a $0.80 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.20 annualized dividend and a dividend yield of 0.7%. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend payout ratio is currently -600.00%.
Littelfuse Company Profile
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.
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