Heartland Advisors Inc. Acquires Shares of 23,703 Littelfuse, Inc. $LFUS

Heartland Advisors Inc. bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 23,703 shares of the technology company’s stock, valued at approximately $10,793,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. bought a new position in Littelfuse during the 2nd quarter valued at about $1,148,821,000. Wellington Management Group LLP bought a new stake in Littelfuse during the fourth quarter worth about $114,166,000. Barrow Hanley Mewhinney & Strauss LLC grew its stake in 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 buying an additional 412,160 shares during the last quarter. Norges Bank acquired a new stake in shares of Littelfuse during the fourth quarter worth approximately $73,575,000. Finally, T. Rowe Price Investment Management Inc. increased its holdings in shares of Littelfuse by 58.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock worth $154,273,000 after buying an additional 225,445 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

LFUS has been the topic of several recent analyst reports. 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 report on Thursday, May 7th. Needham & Company LLC reiterated a “buy” rating and issued a $520.00 price objective on shares of Littelfuse in a research report on Monday, May 18th. Oppenheimer boosted their price objective on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $465.83.

Insider Buying and Selling

In other news, Director Anthony Grillo sold 3,000 shares of Littelfuse stock in a transaction on 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 completion of the sale, the director directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

Littelfuse Price Performance

Shares of LFUS stock opened at $412.26 on Friday. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The firm’s 50 day moving average is $437.01 and its 200-day moving average is $404.82. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of -824.50, a PEG ratio of 2.18 and a beta of 1.49. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating the consensus estimate of $3.78 by $0.41. The business had revenue of $738.78 million for 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%. Littelfuse’s revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Sell-side analysts forecast that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.

Littelfuse Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend 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.