Sanctuary Advisors LLC bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,678 shares of the technology company’s stock, valued at approximately $2,130,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlas Capital Advisors Inc. purchased a new position in shares of Littelfuse in the fourth quarter worth about $27,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Littelfuse during the 2nd quarter valued at about $51,000. Quarry LP purchased a new position in Littelfuse during the third quarter worth about $36,000. Prosperity Bancshares Inc acquired a new position in Littelfuse in the 4th quarter valued at about $36,000. Finally, IFP Advisors Inc grew its stake in shares of Littelfuse by 292.1% in the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock valued at $38,000 after buying an additional 111 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Littelfuse
In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the business’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 transaction, the director directly owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Research Report on LFUS
Littelfuse Stock Up 3.3%
LFUS opened at $418.72 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. Littelfuse, Inc. has a one year low of $233.36 and a one year high of $500.57. The business’s 50-day simple moving average is $433.31 and its 200-day simple moving average is $407.01. The stock has a market capitalization of $10.64 billion, a P/E ratio of -837.42, a price-to-earnings-growth ratio of 2.14 and a beta of 1.49.
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share 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 the consensus estimate of $703.38 million. During the same period in the prior year, the company earned $2.30 earnings per share. The company’s 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 anticipate that Littelfuse, Inc. will post 15.78 EPS for the current year.
Littelfuse Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a $0.80 dividend. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, August 20th. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. Littelfuse’s payout ratio is -640.00%.
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.
Read More
- Five stocks we like better than Littelfuse
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding LFUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Littelfuse, Inc. (NASDAQ:LFUS – Free Report).
Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter.
