Public Employees Retirement System of Ohio Purchases New Position in Littelfuse, Inc. $LFUS

Public Employees Retirement System of Ohio bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 7,999 shares of the technology company’s stock, valued at approximately $3,642,000.

A number of other hedge funds also recently bought and sold shares of LFUS. BlackRock Inc. purchased a new position in shares of Littelfuse during the 2nd quarter valued at approximately $1,148,821,000. Wellington Management Group LLP purchased a new stake in Littelfuse during the 4th quarter valued at about $114,166,000. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Littelfuse by 67.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after purchasing an additional 412,160 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in Littelfuse during the second quarter worth about $146,471,000. Finally, Norges Bank acquired a new stake in shares of Littelfuse during the 4th quarter worth approximately $73,575,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Price Performance

LFUS opened at $414.24 on Friday. The stock’s 50-day moving average price is $425.63 and its 200 day moving average price is $409.48. Littelfuse, Inc. has a 12-month low of $233.36 and a 12-month high of $500.57. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The firm has a market cap of $10.52 billion, a price-to-earnings ratio of -828.46, a PEG ratio of 2.17 and a beta of 1.47.

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, 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 firm had revenue of $738.78 million during the quarter, compared to analysts’ expectations of $703.38 million. During the same quarter in the previous year, the business posted $2.30 earnings per share. The business’s quarterly revenue was up 20.4% compared to the same quarter last year. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, sell-side analysts expect 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 was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were issued a dividend of $0.80 per share. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date was Thursday, August 20th. This represents a $3.20 annualized dividend and a yield of 0.8%. Littelfuse’s dividend payout ratio (DPR) is currently -640.00%.

Insider Transactions at Littelfuse

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the stock in a transaction dated Thursday, June 11th. The stock was 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 of the company’s stock, valued at $29,344,858.88. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on LFUS shares. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Williams Trading set a $520.00 price target on Littelfuse in a research note on Thursday, May 7th. Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Needham & Company LLC reissued a “buy” rating and set a $520.00 price objective on shares of Littelfuse in a research report on Monday, May 18th. Finally, Robert W. Baird upped their target price on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.