MidFirst Bank Makes New $288,000 Investment in Littelfuse, Inc. $LFUS

MidFirst Bank acquired a new position in Littelfuse, Inc. (NASDAQ:LFUS) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,139 shares of the technology company’s stock, valued at approximately $288,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its position in Littelfuse by 58.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock worth $154,273,000 after purchasing an additional 225,445 shares in the last quarter. Invesco Ltd. grew its stake in Littelfuse by 1.7% during the fourth quarter. Invesco Ltd. now owns 116,033 shares of the technology company’s stock worth $29,347,000 after buying an additional 1,982 shares during the period. Corient Private Wealth LLC grew its stake in Littelfuse by 1,842.8% during the fourth quarter. Corient Private Wealth LLC now owns 193,583 shares of the technology company’s stock worth $48,961,000 after buying an additional 183,619 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Littelfuse by 42.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 5,059 shares of the technology company’s stock worth $1,280,000 after acquiring an additional 1,514 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Littelfuse by 1,965.6% in the fourth quarter. NewEdge Advisors LLC now owns 1,322 shares of the technology company’s stock worth $334,000 after acquiring an additional 1,258 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Oppenheimer lifted their target price on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Zacks Research raised Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 8th. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Robert W. Baird upped their target price on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Finally, Weiss Ratings lowered Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Littelfuse currently has an average rating of “Moderate Buy” and an average price target of $465.83.

Littelfuse Stock Performance

NASDAQ LFUS opened at $479.82 on Friday. The stock has a market cap of $12.13 billion, a P/E ratio of -283.92, a PEG ratio of 2.69 and a beta of 1.48. The company’s fifty day simple moving average is $439.14 and its 200-day simple moving average is $354.49. The company has a current ratio of 2.61, a quick ratio of 1.82 and a debt-to-equity ratio of 0.21. Littelfuse, Inc. has a 52 week low of $215.99 and a 52 week high of $500.57.

Littelfuse (NASDAQ:LFUS) last released its quarterly 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. Littelfuse had a negative net margin of 1.61% and a positive return on equity of 11.62%. The business had revenue of $656.97 million during the quarter, compared to analyst estimates of $638.98 million. During the same period last year, the business earned $2.19 EPS. The business’s revenue was up 18.5% on a year-over-year basis. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. Equities research analysts predict that Littelfuse, Inc. will post 14.86 EPS for the current fiscal year.

Littelfuse Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.75 per share. The ex-dividend date was Thursday, May 21st. This represents a $3.00 annualized dividend and a dividend yield of 0.6%. Littelfuse’s dividend payout ratio (DPR) is currently -177.51%.

Insider Transactions at Littelfuse

In related news, SVP Maggie Chu sold 11,397 shares of the stock in a transaction dated 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 completion of the transaction, the senior vice president owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. This represents a 65.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Anthony Grillo sold 3,000 shares of the firm’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 value of $1,355,880.00. Following the sale, the director owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 15,494 shares of company stock worth $6,750,834. Corporate insiders own 1.00% of the company’s stock.

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.