Oppenheimer Asset Management Inc. Takes Position in Littelfuse, Inc. $LFUS

Oppenheimer Asset Management Inc. purchased a new stake in Littelfuse, Inc. (NASDAQ:LFUS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,141 shares of the technology company’s stock, valued at approximately $2,341,000.

A number of other large investors have also added to or reduced their stakes in LFUS. Atlas Capital Advisors Inc. acquired a new position in Littelfuse in the 4th quarter valued at $27,000. Quarry LP acquired a new stake in shares of Littelfuse during the 3rd quarter worth $36,000. Prosperity Bancshares Inc acquired a new stake in shares of Littelfuse during the 4th quarter worth $36,000. IFP Advisors Inc increased its position in shares of Littelfuse by 292.1% in the fourth quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock worth $38,000 after purchasing an additional 111 shares during the period. Finally, Larson Financial Group LLC increased its position in shares of Littelfuse by 50.9% in the third quarter. Larson Financial Group LLC now owns 160 shares of the technology company’s stock worth $41,000 after purchasing an additional 54 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Transactions at Littelfuse

In other news, Director Anthony Grillo sold 3,000 shares of the firm’s 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 directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Maggie Chu sold 11,397 shares of Littelfuse stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the sale, the senior vice president directly 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 disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by corporate insiders.

Littelfuse Price Performance

Littelfuse stock opened at $457.57 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57. The stock has a market capitalization of $11.62 billion, a P/E ratio of -915.12, a price-to-earnings-growth ratio of 2.42 and a beta of 1.49. The stock has a fifty day moving average of $439.94 and a 200-day moving average of $401.42.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.78 by $0.41. The business had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.Littelfuse’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. On average, sell-side analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. Littelfuse’s dividend payout ratio (DPR) is currently -600.00%.

Wall Street Analysts Forecast Growth

LFUS has been the subject of a number of analyst reports. Oppenheimer boosted their price target on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Robert W. Baird raised their target price on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $465.83.

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.