Oliver Luxxe Assets LLC Lowers Stock Position in Littelfuse, Inc. $LFUS

Oliver Luxxe Assets LLC trimmed its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 40.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,945 shares of the technology company’s stock after selling 3,364 shares during the period. Oliver Luxxe Assets LLC’s holdings in Littelfuse were worth $2,252,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Key Capital Management INC purchased a new position in shares of Littelfuse in the 4th quarter valued at about $25,000. Atlas Capital Advisors Inc. purchased a new position in Littelfuse in the fourth quarter valued at about $27,000. V Square Quantitative Management LLC acquired a new stake in shares of Littelfuse during the 4th quarter valued at approximately $30,000. Quarry LP acquired a new stake in shares of Littelfuse in the 3rd quarter worth approximately $36,000. Finally, Prosperity Bancshares Inc purchased a new position in Littelfuse in the 4th quarter valued at approximately $36,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LFUS has been the subject of several research reports. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Robert W. Baird upped their price target on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research note on Thursday, May 7th. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $520.00 target price on shares of Littelfuse in a report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to 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 at Littelfuse

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the 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 transaction, the director owned 64,928 shares of the company’s stock, valued at $29,344,858.88. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Maggie Chu sold 11,397 shares of the firm’s stock in a transaction on 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 owned 6,001 shares in the company, valued at $2,613,315.48. This trade represents a 65.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.00% of the company’s stock.

Littelfuse Price Performance

Littelfuse stock opened at $456.55 on Friday. Littelfuse, Inc. has a 12-month low of $233.36 and a 12-month high of $500.57. The stock has a market capitalization of $11.60 billion, a P/E ratio of -913.08, a P/E/G ratio of 2.41 and a beta of 1.49. The firm’s 50-day moving average is $441.90 and its two-hundred day moving average is $395.05. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The business had revenue of $738.78 million during the quarter, compared to analyst estimates of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The company’s revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities analysts predict that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders 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 is Thursday, August 20th. This represents a $3.20 annualized dividend and a yield of 0.7%. Littelfuse’s payout ratio is presently -600.00%.

Littelfuse 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.