Hill City Capital LP Acquires Shares of 120,000 Littelfuse, Inc. $LFUS

Hill City Capital LP bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 120,000 shares of the technology company’s stock, valued at approximately $54,639,600. Littelfuse accounts for about 0.0% of Hill City Capital LP’s investment portfolio, making the stock its 16th biggest holding. Hill City Capital LP owned 0.47% of Littelfuse as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of LFUS. Caitlin John LLC acquired a new stake in shares of Littelfuse in the second quarter valued at approximately $33,000. Public Employees Retirement System of Ohio purchased a new position in Littelfuse in the 2nd quarter worth approximately $3,642,000. Corient Private Wealth LP purchased a new position in shares of Littelfuse in the 2nd quarter valued at approximately $4,727,000. Bank of America Corp DE bought a new position in Littelfuse in the second quarter worth approximately $115,306,000. Finally, Freestone Grove Partners LP bought a new position in Littelfuse during the second quarter valued at $421,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Stock Down 3.8%

LFUS traded down $15.86 during trading on Friday, hitting $405.42. The company had a trading volume of 244,726 shares, compared to its average volume of 305,963. The business has a 50-day moving average of $432.14 and a 200-day moving average of $407.52. The company has a market cap of $10.30 billion, a PE ratio of -810.82, a P/E/G ratio of 2.21 and a beta of 1.49. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year 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:LFUS) last posted its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The company had revenue of $738.78 million during the quarter, compared to analysts’ expectations of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. Littelfuse’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, analysts forecast that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend payout ratio is presently -640.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $520.00 price objective on shares of Littelfuse in a research note on Monday, May 18th. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Oppenheimer increased their price target on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Finally, Williams Trading set a $520.00 target price on Littelfuse in a research 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’s stock. Based on data from MarketBeat, Littelfuse has a consensus rating of “Moderate Buy” and an average price target of $465.83.

Insider Activity

In related news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of the transaction, the director owned 64,928 shares of the company’s stock, valued at $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.00% of the company’s stock.

Littelfuse 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.