Tudor Investment Corp ET AL raised its stake in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 98.1% during the third quarter, HoldingsChannel reports. The fund owned 82,126 shares of the technology company’s stock after buying an additional 40,677 shares during the period. Tudor Investment Corp ET AL’s holdings in Littelfuse were worth $21,271,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in Littelfuse by 18.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 267,796 shares of the technology company’s stock valued at $60,717,000 after purchasing an additional 40,786 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Littelfuse by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 147,379 shares of the technology company’s stock worth $38,173,000 after buying an additional 2,013 shares in the last quarter. Sanders Morris Harris LLC bought a new position in shares of Littelfuse in the third quarter worth approximately $518,000. Quadrant Capital Group LLC grew its holdings in shares of Littelfuse by 194.8% during the second quarter. Quadrant Capital Group LLC now owns 4,938 shares of the technology company’s stock valued at $1,120,000 after buying an additional 3,263 shares during the last quarter. Finally, Personal CFO Solutions LLC purchased a new stake in shares of Littelfuse during the second quarter valued at approximately $302,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on LFUS shares. Benchmark upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price objective for the company in a report on Thursday, January 29th. Oppenheimer set a $380.00 target price on Littelfuse in a report on Thursday, January 29th. Robert W. Baird set a $360.00 price target on Littelfuse in a report on Thursday, January 29th. Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 6th. Finally, UBS Group set a $360.00 target price on Littelfuse in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $364.00.
Littelfuse Stock Down 3.6%
LFUS stock opened at $320.65 on Friday. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $380.00. The business’s 50-day moving average is $329.08 and its two-hundred day moving average is $282.27. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.91 and a current ratio of 2.69. The company has a market cap of $8.07 billion, a price-to-earnings ratio of -110.57, a P/E/G ratio of 2.14 and a beta of 1.41.
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating 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 business had revenue of $593.93 million during the quarter, compared to the consensus estimate of $583.53 million. During the same period in the previous year, the company posted $2.04 EPS. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. As a group, analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current year.
Littelfuse Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Thursday, February 19th were issued a dividend of $0.75 per share. 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 is currently -103.45%.
Insiders Place Their Bets
In other news, SVP Deepak Nayar sold 8,875 shares of Littelfuse stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $321.55, for a total transaction of $2,853,756.25. Following the transaction, the senior vice president owned 6,009 shares in the company, valued at $1,932,193.95. This trade represents a 59.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Jeffrey G. Gorski sold 3,500 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $330.32, for a total value of $1,156,120.00. Following the completion of the sale, the chief accounting officer owned 6,433 shares of the company’s stock, valued at $2,124,948.56. This trade represents a 35.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 49,012 shares of company stock valued at $16,227,764. 2.50% of the stock is currently owned by corporate insiders.
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.
See Also
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