Oppenheimer Asset Management Inc. Acquires New Shares in Littelfuse, Inc. $LFUS

Oppenheimer Asset Management Inc. acquired a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 5,141 shares of the technology company’s stock, valued at approximately $2,341,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Horizon Investments LLC bought a new stake in shares of Littelfuse during the fourth quarter worth about $617,000. Teacher Retirement System of Texas raised its holdings in Littelfuse by 16.3% in the 4th quarter. Teacher Retirement System of Texas now owns 29,010 shares of the technology company’s stock valued at $7,337,000 after buying an additional 4,065 shares during the last quarter. HighTower Advisors LLC raised its holdings in Littelfuse by 554.6% in the 4th quarter. HighTower Advisors LLC now owns 23,744 shares of the technology company’s stock valued at $6,005,000 after buying an additional 20,117 shares during the last quarter. Summit Creek Advisors LLC boosted its position in Littelfuse by 8.7% during the 4th quarter. Summit Creek Advisors LLC now owns 70,714 shares of the technology company’s stock worth $17,885,000 after buying an additional 5,678 shares during the period. Finally, Nano Cap New Millennium Growth Fund L P bought a new stake in Littelfuse during the 4th quarter worth approximately $822,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Robert W. Baird lifted their price target on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research note on Thursday, May 7th. Oppenheimer increased their price objective on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 target price on shares of Littelfuse in a research report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Littelfuse presently has an average rating of “Moderate Buy” and a consensus price target of $465.83.

Insider Activity

In related news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Maggie Chu sold 11,397 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total value of $4,963,165.56. Following the sale, the senior vice president directly owned 6,001 shares of the company’s stock, valued at $2,613,315.48. This represents a 65.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.00% of the company’s stock.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $457.57 on Monday. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. The firm’s fifty day moving average is $439.94 and its 200-day moving average is $401.42. The firm has a market cap of $11.62 billion, a P/E ratio of -915.12, a P/E/G ratio of 2.42 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.78 by $0.41. The business had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. Littelfuse’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a $0.80 dividend. This is a boost from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.20 annualized dividend and a dividend yield of 0.7%. Littelfuse’s dividend payout ratio is -600.00%.

Littelfuse 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.