Persistent Asset Partners Ltd Acquires New Shares in Littelfuse, Inc. $LFUS

Persistent Asset Partners Ltd acquired a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the second quarter, HoldingsChannel.com reports. The firm acquired 5,927 shares of the technology company’s stock, valued at approximately $2,699,000. Littelfuse makes up about 0.8% of Persistent Asset Partners Ltd’s portfolio, making the stock its 24th largest position.

Several other large investors have also recently added to or reduced their stakes in the stock. Wellington Management Group LLP bought a new stake in Littelfuse in the fourth quarter valued at $114,166,000. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Littelfuse by 67.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock worth $259,035,000 after acquiring an additional 412,160 shares during the last quarter. Norges Bank acquired a new stake in shares of Littelfuse in the 4th quarter worth about $73,575,000. T. Rowe Price Investment Management Inc. increased 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 worth $154,273,000 after acquiring an additional 225,445 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in Littelfuse in the 2nd quarter valued at about $86,345,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Littelfuse Price Performance

NASDAQ LFUS opened at $457.57 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. The company’s 50 day simple moving average is $439.94 and its 200 day simple moving average is $401.42. Littelfuse, Inc. has a 12 month low of $233.36 and a 12 month high of $500.57. The company has a market capitalization of $11.62 billion, a P/E ratio of -915.12, a PEG ratio of 2.42 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS) last issued 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 firm had revenue of $738.78 million during the quarter, compared to analysts’ expectations of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the firm posted $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities research analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The business 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 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 dividend on an annualized basis and a dividend yield of 0.7%. Littelfuse’s payout ratio is currently -600.00%.

Wall Street Analyst Weigh In

Several research analysts have commented on LFUS shares. Robert W. Baird upped their target price on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Oppenheimer increased their price objective on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Williams Trading set a $520.00 target price on Littelfuse in a research note on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Insider Buying and Selling at Littelfuse

In other news, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction 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 directly owned 64,928 shares of the company’s stock, valued at $29,344,858.88. This represents a 4.42% decrease in their ownership of the stock. The sale 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 company’s stock in a transaction on Wednesday, May 20th. The shares were 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 approximately $2,613,315.48. This represents a 65.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company 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.