Summit Creek Advisors LLC Makes New $10.98 Million Investment in Littelfuse, Inc. $LFUS

Summit Creek Advisors LLC purchased a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 24,106 shares of the technology company’s stock, valued at approximately $10,976,000. Littelfuse makes up 3.7% of Summit Creek Advisors LLC’s investment portfolio, making the stock its largest position.

Several other institutional investors have also made changes to their positions in LFUS. Royal Bank of Canada raised its position in Littelfuse by 3.6% during 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. grew its position in Littelfuse by 42.0% in the first quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock worth $61,000 after acquiring an additional 92 shares in the last quarter. AQR Capital Management LLC grew its position in Littelfuse by 93.6% in the first quarter. AQR Capital Management LLC now owns 20,073 shares of the technology company’s stock worth $3,892,000 after acquiring an additional 9,706 shares in the last quarter. Geneos Wealth Management Inc. increased its stake 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 worth $66,000 after purchasing an additional 170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake 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 worth $119,000 after purchasing an additional 457 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on LFUS shares. Oppenheimer lifted their price objective on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Williams Trading set a $520.00 target price on shares of Littelfuse in a research report on Thursday, May 7th. Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Needham & Company LLC restated a “buy” rating and set a $520.00 target price on shares of Littelfuse in a report on Monday, May 18th. Finally, Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.

Insider Transactions at Littelfuse

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of Littelfuse stock in a transaction that occurred 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 transaction, the director directly owned 64,928 shares of the company’s stock, valued at $29,344,858.88. The trade was a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.00% of the stock is owned by company insiders.

Littelfuse Price Performance

Shares of Littelfuse stock opened at $437.51 on Wednesday. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $439.72 and a 200-day simple moving average of $403.52. The stock has a market capitalization of $11.11 billion, a price-to-earnings ratio of -875.00, a PEG ratio of 2.42 and a beta of 1.49. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $738.78 million for the quarter, compared to the consensus estimate of $703.38 million. During the same quarter last year, the firm posted $2.30 EPS. The business’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. On average, sell-side analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.7%. 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 currently -640.00%.

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.