Fifth Third Bancorp Has $5.28 Million Position in Littelfuse, Inc. $LFUS

Fifth Third Bancorp lifted its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 4,159.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 15,548 shares of the technology company’s stock after buying an additional 15,183 shares during the period. Fifth Third Bancorp’s holdings in Littelfuse were worth $5,276,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hsbc Holdings PLC boosted its stake in Littelfuse by 5.8% during the first quarter. Hsbc Holdings PLC now owns 5,662 shares of the technology company’s stock worth $1,892,000 after acquiring an additional 312 shares in the last quarter. Granite Investment Partners LLC increased its stake in Littelfuse by 3.0% in the first quarter. Granite Investment Partners LLC now owns 14,177 shares of the technology company’s stock valued at $4,811,000 after purchasing an additional 411 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Littelfuse by 2.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 5,093 shares of the technology company’s stock valued at $1,728,000 after purchasing an additional 114 shares during the period. Abel Hall LLC bought a new position in shares of Littelfuse during the 1st quarter worth about $363,000. Finally, Hudson Edge Investment Partners Inc. bought a new position in shares of Littelfuse during the 1st quarter worth about $875,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $397.75 on Friday. The stock has a market cap of $10.06 billion, a P/E ratio of -235.35, a PEG ratio of 2.26 and a beta of 1.49. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $450.78 and its two-hundred day moving average price is $378.64. Littelfuse, Inc. has a twelve month low of $226.18 and a twelve month high of $500.57.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, topping the consensus estimate of $2.83 by $0.48. The company had revenue of $656.97 million during the quarter, compared to analyst estimates of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.Littelfuse’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, equities analysts predict that Littelfuse, Inc. will post 14.86 EPS for the current fiscal year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a dividend of $0.75 per share. The ex-dividend date was Thursday, May 21st. This represents a $3.00 dividend on an annualized basis and a yield of 0.8%. Littelfuse’s dividend payout ratio (DPR) is presently -177.51%.

Insider Transactions at Littelfuse

In related news, 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 transaction of $4,963,165.56. Following the transaction, the senior vice president directly owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. This trade represents a 65.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Anthony Grillo sold 3,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were 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 in the company, valued at $29,344,858.88. The trade was a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,494 shares of company stock worth $6,750,834 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Williams Trading set a $520.00 price objective on Littelfuse in a report on Thursday, May 7th. Oppenheimer upped their target price on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Littelfuse in a report on Friday, July 10th. Finally, Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $465.83.

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.