Harvey Partners LLC Buys 41,763 Shares of Littelfuse, Inc. $LFUS

Harvey Partners LLC increased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 62.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,700 shares of the technology company’s stock after purchasing an additional 41,763 shares during the period. Littelfuse makes up approximately 2.5% of Harvey Partners LLC’s investment portfolio, making the stock its 18th largest holding. Harvey Partners LLC owned about 0.44% of Littelfuse worth $28,154,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in Littelfuse by 1,666.7% during the third quarter. Blue Trust Inc. now owns 106 shares of the technology company’s stock worth $27,000 after buying an additional 100 shares during the last quarter. Traub Capital Management LLC bought a new stake in shares of Littelfuse in the 2nd quarter valued at about $29,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Littelfuse in the 3rd quarter valued at approximately $31,000. Steph & Co. bought a new position in Littelfuse during the 3rd quarter worth approximately $32,000. Finally, Evelyn Partners Investment Management Services Ltd acquired a new position in Littelfuse during the second quarter valued at approximately $33,000. Institutional investors own 96.14% of the company’s stock.

Littelfuse Trading Up 0.1%

Shares of NASDAQ:LFUS opened at $326.18 on Monday. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of -112.48, a PEG ratio of 2.09 and a beta of 1.40. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $380.00. The company’s fifty day simple moving average is $323.49 and its 200 day simple moving average is $280.13. The company has a quick ratio of 1.91, a current ratio of 2.69 and a debt-to-equity ratio of 0.29.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.18. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The firm had revenue of $593.93 million during the quarter, compared to analysts’ expectations of $583.53 million. During the same quarter in the prior year, the company earned $2.04 EPS. The company’s revenue was up 12.2% on a year-over-year basis. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. As a group, research analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Thursday, February 19th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, February 19th. Littelfuse’s dividend payout ratio (DPR) is currently -103.45%.

Insider Transactions at Littelfuse

In other Littelfuse news, CAO Jeffrey G. Gorski sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $346.89, for a total transaction of $867,225.00. Following the completion of the transaction, the chief accounting officer owned 6,433 shares of the company’s stock, valued at $2,231,543.37. This represents a 27.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Maggie Chu sold 2,061 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $326.71, for a total transaction of $673,349.31. Following the transaction, the senior vice president directly owned 6,719 shares of the company’s stock, valued at $2,195,164.49. This represents a 23.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 49,012 shares of company stock worth $16,227,764. Corporate insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. UBS Group set a $360.00 price target on shares of Littelfuse in a research report on Thursday, January 29th. Benchmark raised Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price objective on the stock in a research note on Thursday, January 29th. Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. Wall Street Zen downgraded Littelfuse from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Oppenheimer set a $380.00 price target on Littelfuse in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Littelfuse has a consensus rating of “Moderate Buy” and a consensus target price of $364.00.

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.