Barrow Hanley Mewhinney & Strauss LLC Invests $185.06 Million in Littelfuse, Inc. $LFUS

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 406,424 Littelfuse shares worth approximately $185.1 million, giving it a 1.60% stake. Institutional investors collectively own 96.14% of LFUS.
• Littelfuse exceeded quarterly expectations, reporting $4.19 in EPS versus the $3.78 consensus and revenue of $738.78 million, up 20.4% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $465.83.
• The company raised its quarterly dividend from $0.75 to $0.80 per share, or $3.20 annually, representing a 0.8% yield. Director Anthony Grillo separately sold 3,000 shares for approximately $1.36 million.

Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 406,424 shares of the technology company's stock, valued at approximately $185,057,000. Barrow Hanley Mewhinney & Strauss LLC owned 1.60% of Littelfuse as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Atlas Capital Advisors Inc. bought a new position in shares of Littelfuse during the 4th quarter worth approximately $27,000. Quarry LP acquired a new stake in Littelfuse during the 3rd quarter valued at $36,000. Prosperity Bancshares Inc bought a new position in Littelfuse during the fourth quarter worth $36,000. IFP Advisors Inc boosted its position in Littelfuse by 292.1% during the fourth quarter. IFP Advisors Inc now owns 149 shares of the technology company's stock worth $38,000 after purchasing an additional 111 shares during the period. Finally, Larson Financial Group LLC increased its holdings in shares of Littelfuse by 50.9% in the third quarter. Larson Financial Group LLC now owns 160 shares of the technology company's stock valued at $41,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 96.14% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on LFUS. Williams Trading set a $520.00 target price on shares of Littelfuse in a research note on Thursday, May 7th. Zacks Research lowered shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 13th. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 9th. Oppenheimer raised their price objective on shares of Littelfuse from $430.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 7th. Finally, Weiss Ratings raised Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $465.83.

Insider Activity

In related news, Director Anthony Grillo sold 3,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the sale, the director owned 64,928 shares of the company's stock, valued at $29,344,858.88. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.00% of the company's stock.

Littelfuse Stock Performance

LFUS stock opened at $412.26 on Monday. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57. The company has a market capitalization of $10.47 billion, a PE ratio of -824.50, a price-to-earnings-growth ratio of 2.18 and a beta of 1.49. The company's 50-day simple moving average is $437.01 and its 200 day simple moving average is $405.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, topping the consensus estimate of $3.78 by $0.41. The business had revenue of $738.78 million during the quarter, compared to analysts' expectations 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 company earned $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, sell-side 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. Investors of record on Thursday, August 20th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.8%. This is an increase from Littelfuse's previous quarterly dividend of $0.75. The ex-dividend date is Thursday, August 20th. Littelfuse's dividend payout ratio is presently -640.00%.

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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