Palisade Capital Management LP Purchases Shares of 69,359 Littelfuse, Inc. $LFUS

Palisade Capital Management LP purchased a new stake in Littelfuse, Inc. (NASDAQ:LFUS) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 69,359 shares of the technology company’s stock, valued at approximately $31,581,000. Littelfuse accounts for about 1.4% of Palisade Capital Management LP’s portfolio, making the stock its 10th largest position. Palisade Capital Management LP owned about 0.27% of Littelfuse as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in LFUS. Vanguard Group Inc. raised its position in Littelfuse by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after purchasing an additional 44,826 shares during the period. BlackRock Inc. purchased a new position in shares of Littelfuse during the second quarter worth $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Littelfuse by 67.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after buying an additional 412,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its stake in shares of Littelfuse by 3.9% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock valued at $247,988,000 after buying an additional 37,203 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of Littelfuse by 58.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after buying an additional 225,445 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Oppenheimer raised their target price on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Needham & Company LLC reissued a “buy” rating and set a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Wall Street Zen raised shares of 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 objective on shares of Littelfuse in a report on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Price Performance

Shares of NASDAQ LFUS opened at $405.39 on Wednesday. The stock’s 50-day moving average is $434.26 and its two-hundred day moving average is $406.40. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57. The company has a market cap of $10.30 billion, a price-to-earnings ratio of -810.76, a price-to-earnings-growth ratio of 2.13 and a beta of 1.49.

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

Littelfuse Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.80 per share. This is a boost from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, August 20th. This represents a $3.20 annualized dividend and a yield of 0.8%. Littelfuse’s dividend payout ratio (DPR) is presently -640.00%.

Insider Buying and Selling

In other news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total value of $1,355,880.00. Following the sale, the director directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is owned by company insiders.

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.