Baird Financial Group Inc. Has $23.08 Million Holdings in Littelfuse, Inc. $LFUS

Baird Financial Group Inc. boosted its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 491.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,679 shares of the technology company's stock after purchasing an additional 42,114 shares during the quarter. Baird Financial Group Inc. owned about 0.20% of Littelfuse worth $23,076,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Atlas Capital Advisors Inc. acquired a new position in shares of Littelfuse during the 4th quarter worth about $27,000. Caitlin John LLC acquired a new position in shares of Littelfuse during the 2nd quarter worth about $33,000. Quarry LP bought a new position in shares of Littelfuse in the 3rd quarter valued at about $36,000. Prosperity Bancshares Inc bought a new position in Littelfuse in the fourth quarter valued at approximately $36,000. Finally, IFP Advisors Inc boosted its holdings in shares of Littelfuse by 292.1% in the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company's stock valued at $38,000 after buying an additional 111 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Needham & Company LLC reissued a "buy" rating and issued a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Weiss Ratings raised Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Robert W. Baird lifted their price target on shares of Littelfuse from $500.00 to $535.00 and gave the company an "outperform" rating in a research report on Friday, June 5th. Finally, Zacks Research downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 13th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Littelfuse has an average rating of "Moderate Buy" and a consensus price target of $465.83.

Littelfuse Price Performance

LFUS stock opened at $432.30 on Friday. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The stock has a market capitalization of $10.98 billion, a PE ratio of -864.58, a price-to-earnings-growth ratio of 2.18 and a beta of 1.47. The company's 50-day moving average is $423.52 and its 200-day moving average is $411.77. 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 - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating 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 business had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same quarter last year, the firm posted $2.30 EPS. Littelfuse's 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. Equities research analysts expect that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.

Littelfuse Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a dividend of $0.80 per share. This is a boost from Littelfuse's previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, August 20th. Littelfuse's dividend payout ratio (DPR) is -640.00%.

Littelfuse Profile

Littelfuse, Inc NASDAQ: LFUS is an industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes circuit protection devices such as fuses and resettable protection products, as well as power semiconductor components, switches, relays, sensors and related power-control technologies.

The company serves customers across the automotive, industrial, commercial, consumer electronics, telecommunications, energy and transportation markets.

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