Chase Investment Counsel Corp Invests $11.34 Million in Littelfuse, Inc. $LFUS

Chase Investment Counsel Corp acquired a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 24,900 shares of the technology company’s stock, valued at approximately $11,337,000. Littelfuse makes up 2.4% of Chase Investment Counsel Corp’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in Littelfuse by 3.6% in the first quarter. Royal Bank of Canada now owns 32,206 shares of the technology company’s stock valued at $6,337,000 after acquiring an additional 1,107 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Littelfuse by 42.0% during the first quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock worth $61,000 after purchasing an additional 92 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Littelfuse by 93.6% during the first quarter. AQR Capital Management LLC now owns 20,073 shares of the technology company’s stock worth $3,892,000 after purchasing an additional 9,706 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Littelfuse by 104.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the technology company’s stock valued at $66,000 after purchasing an additional 170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Littelfuse by 652.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the technology company’s stock valued at $119,000 after purchasing an additional 457 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

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 fifty day moving average price is $439.94 and its 200-day moving average price is $401.42. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57. The firm 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 posted its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The company had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same period in the previous year, the firm posted $2.30 earnings per share. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, equities research analysts anticipate that Littelfuse, Inc. will post 15.78 EPS for the current 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 issued 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 payout ratio is presently -600.00%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on LFUS shares. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Williams Trading set a $520.00 price target on Littelfuse in a research note on Thursday, May 7th. Finally, Robert W. Baird upped their price objective on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Littelfuse has an average rating of “Moderate Buy” and an average target price of $465.83.

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was 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 in the company, valued at $29,344,858.88. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Maggie Chu sold 11,397 shares of the firm’s 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 sale, the senior vice president directly owned 6,001 shares in the company, valued at approximately $2,613,315.48. This trade represents a 65.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

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.