Hillsdale Investment Management Inc. Sells 3,600 Shares of Littelfuse, Inc. $LFUS

Hillsdale Investment Management Inc. cut its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 21.7% during the first quarter, Holdings Channel reports. The institutional investor owned 13,000 shares of the technology company’s stock after selling 3,600 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Littelfuse were worth $4,412,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Key Capital Management INC bought a new stake in Littelfuse during the fourth quarter worth about $25,000. Atlas Capital Advisors Inc. bought a new position in shares of Littelfuse during the fourth quarter valued at approximately $27,000. V Square Quantitative Management LLC purchased a new position in shares of Littelfuse during the fourth quarter valued at approximately $30,000. Quarry LP purchased a new position in shares of Littelfuse during the third quarter valued at approximately $36,000. Finally, Prosperity Bancshares Inc bought a new stake in shares of Littelfuse in the 4th quarter worth approximately $36,000. 96.14% of the stock is currently owned by institutional investors.

Insider Activity at Littelfuse

In related news, SVP Maggie Chu sold 11,397 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total value of $4,963,165.56. Following the transaction, the senior vice president owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. This trade represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Anthony Grillo sold 3,000 shares of the business’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 transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,494 shares of company stock worth $6,750,834 in the last quarter. Company insiders own 1.00% of the company’s stock.

Littelfuse Stock Performance

Shares of LFUS opened at $416.31 on Wednesday. The firm has a market capitalization of $10.53 billion, a P/E ratio of -246.34, a PEG ratio of 2.28 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.61 and a quick ratio of 1.82. Littelfuse, Inc. has a one year low of $225.25 and a one year high of $500.57. The business has a fifty day moving average of $453.28 and a 200 day moving average of $376.43.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.83 by $0.48. The company had revenue of $656.97 million for the quarter, compared to the consensus estimate of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.Littelfuse’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, sell-side analysts anticipate that Littelfuse, Inc. will post 14.86 EPS for the current year.

Littelfuse Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $3.00 annualized dividend and a dividend yield of 0.7%. Littelfuse’s dividend payout ratio is presently -177.51%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LFUS. Weiss Ratings restated a “sell (d+)” rating on shares of Littelfuse in a research note on Friday. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Williams Trading set a $520.00 target price on Littelfuse in a report on Thursday, May 7th. Robert W. Baird raised their price target on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Finally, Oppenheimer lifted their price target on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Company 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.