5,254 Shares in Littelfuse, Inc. $LFUS Bought by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,254 shares of the technology company's stock, valued at approximately $2,226,000.

Other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. grew its stake in shares of Littelfuse by 43.4% during the third quarter. Crossmark Global Holdings Inc. now owns 1,481 shares of the technology company's stock valued at $628,000 after acquiring an additional 448 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Littelfuse by 3.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 7,333 shares of the technology company's stock valued at $3,107,000 after buying an additional 221 shares during the period. Net Worth Advisory Group bought a new position in Littelfuse during the 3rd quarter worth $209,000. USA Financial Formulas acquired a new position in Littelfuse during the 3rd quarter worth $156,000. Finally, Vontobel Holding Ltd. increased its stake in shares of Littelfuse by 996.4% during the third quarter. Vontobel Holding Ltd. now owns 89,463 shares of the technology company's stock valued at $37,909,000 after acquiring an additional 81,303 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on LFUS shares. Weiss Ratings upgraded Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. 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 and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $465.83.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $351.39 on Friday. The firm has a market capitalization of $8.93 billion, a PE ratio of 26.66, a PEG ratio of 1.85 and a beta of 1.48. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. 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's fifty day simple moving average is $414.08 and its 200 day simple moving average is $426.87.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, topping analysts' consensus estimates of $3.78 by $0.41. The firm 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 business's revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. On average, sell-side analysts anticipate that Littelfuse, Inc. will post 15.78 EPS for the current year.

About Littelfuse

Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and other circuit-protection devices, power semiconductor products, relays, switches, sensors and related electronic components.

The company serves customers in the automotive, commercial vehicle, industrial, electronics, energy and communications markets. Its products are used in applications such as vehicle electrification, battery systems, industrial equipment, power distribution, renewable energy systems, data infrastructure and consumer electronics.

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