30,082 Shares in Littelfuse, Inc. $LFUS Acquired by Man Group plc

Man Group plc purchased a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 30,082 shares of the technology company's stock, valued at approximately $13,697,000. Man Group plc owned 0.12% of Littelfuse as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Littelfuse during the second quarter worth approximately $1,148,821,000. Wellington Management Group LLP purchased a new stake in Littelfuse in the 4th quarter valued at $114,166,000. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Littelfuse by 67.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company's stock worth $259,035,000 after purchasing an additional 412,160 shares during the period. William Blair Investment Management LLC acquired a new stake in Littelfuse during the 2nd quarter worth $146,471,000. Finally, Norges Bank purchased a new position in Littelfuse during the 4th quarter worth $73,575,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insider Activity

In related news, Director Anthony Grillo sold 3,000 shares of the firm's stock in a transaction dated Thursday, June 11th. The shares were 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 owned 64,928 shares in the company, valued at $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by corporate insiders.

Littelfuse Price Performance

Shares of LFUS opened at $421.28 on Friday. 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 stock's 50 day moving average is $432.14 and its two-hundred day moving average is $407.52. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month high of $500.57. The firm has a market capitalization of $10.70 billion, a PE ratio of -842.54, a P/E/G ratio of 2.21 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted 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. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The business had revenue of $738.78 million during the quarter, compared to analysts' expectations of $703.38 million. During the same period last year, the firm earned $2.30 EPS. The company's quarterly revenue was up 20.4% compared to the same quarter last year. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Research analysts anticipate that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.80 per share. 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 dividend on an annualized basis and a dividend yield of 0.8%. Littelfuse's dividend payout ratio is currently -640.00%.

Analyst Ratings Changes

A number of research analysts have commented on LFUS shares. Needham & Company LLC restated a "buy" rating and issued a $520.00 price objective on shares of Littelfuse in a research note on Monday, May 18th. Williams Trading set a $520.00 target price on shares of Littelfuse in a research note on Thursday, May 7th. Oppenheimer raised their price target on Littelfuse from $430.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 7th. Weiss Ratings raised Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, July 30th. Finally, Zacks Research cut Littelfuse from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 13th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $465.83.

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.

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