Norges Bank Invests $73.58 Million in Littelfuse, Inc. $LFUS

Norges Bank acquired a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 290,904 shares of the technology company’s stock, valued at approximately $73,575,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of Littelfuse by 1.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 147,379 shares of the technology company’s stock worth $38,173,000 after purchasing an additional 2,013 shares in the last quarter. Horizon Investments LLC bought a new stake in shares of Littelfuse during the 4th quarter worth approximately $617,000. Teacher Retirement System of Texas raised its stake in shares of Littelfuse by 16.3% during the 4th quarter. Teacher Retirement System of Texas now owns 29,010 shares of the technology company’s stock worth $7,337,000 after purchasing an additional 4,065 shares in the last quarter. Royce & Associates LP raised its stake in shares of Littelfuse by 1.6% during the 3rd quarter. Royce & Associates LP now owns 242,135 shares of the technology company’s stock worth $62,715,000 after purchasing an additional 3,848 shares in the last quarter. Finally, Moody National Bank Trust Division raised its stake in shares of Littelfuse by 40.6% during the 4th quarter. Moody National Bank Trust Division now owns 9,908 shares of the technology company’s stock worth $2,506,000 after purchasing an additional 2,862 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Down 4.8%

LFUS stock opened at $457.34 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.61 and a quick ratio of 1.82. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of -270.61, a PEG ratio of 2.57 and a beta of 1.48. The business’s fifty day moving average price is $414.20 and its two-hundred day moving average price is $339.03. Littelfuse, Inc. has a fifty-two week low of $215.16 and a fifty-two week high of $500.57.

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

Littelfuse Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. 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 price target on Littelfuse in a research note on Thursday, May 7th. Needham & Company LLC restated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research note on Monday, May 18th. Zacks Research upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. Finally, Robert W. Baird increased their price target on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Insiders Place Their Bets

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the transaction, the senior vice president owned 6,001 shares in the company, valued at $2,613,315.48. This trade represents a 65.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last quarter, insiders sold 12,494 shares of company stock worth $5,394,954. 1.00% of the stock is owned by company 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.