Palisade Capital Management LP Invests $31.58 Million in Littelfuse, Inc. $LFUS

Palisade Capital Management LP bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 69,359 shares of the technology company’s stock, valued at approximately $31,581,000. Littelfuse accounts for about 1.4% of Palisade Capital Management LP’s portfolio, making the stock its 10th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LFUS. Vanguard Group Inc. increased its stake in Littelfuse by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after purchasing an additional 44,826 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Littelfuse in the 2nd quarter valued at $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Littelfuse by 67.3% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after buying an additional 412,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its position in shares of Littelfuse by 3.9% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock valued at $247,988,000 after buying an additional 37,203 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its stake in Littelfuse by 58.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock worth $154,273,000 after acquiring an additional 225,445 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of the sale, the director directly owned 64,928 shares of the company’s stock, valued at $29,344,858.88. This represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Littelfuse Stock Up 0.5%

Shares of NASDAQ:LFUS opened at $405.39 on Wednesday. The stock has a market cap of $10.30 billion, a P/E ratio of -810.76, a P/E/G ratio of 2.13 and a beta of 1.49. The firm has a fifty day moving average price of $434.26 and a 200 day moving average price of $406.40. 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, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $703.38 million. During the same period in the previous year, the business posted $2.30 earnings per share. Littelfuse’s quarterly 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 predict that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on LFUS. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Williams Trading set a $520.00 price objective on Littelfuse in a report on Thursday, May 7th. Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Robert W. Baird upped their target price on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Finally, Oppenheimer raised their price target on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

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.