Caisse de depot et placement du Quebec Acquires New Holdings in Littelfuse, Inc. $LFUS

Caisse de depot et placement du Quebec acquired a new position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,640 shares of the technology company's stock, valued at approximately $1,657,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LFUS. BlackRock Inc. bought a new stake in shares of Littelfuse during the 2nd quarter worth about $1,148,821,000. Wellington Management Group LLP acquired a new position in shares of Littelfuse during the fourth quarter valued at approximately $114,166,000. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Littelfuse by 67.3% during the fourth 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 in the last quarter. William Blair Investment Management LLC bought a new stake in Littelfuse during the second quarter worth approximately $146,471,000. Finally, Norges Bank acquired a new stake in Littelfuse in the fourth quarter worth approximately $73,575,000. Institutional investors own 96.14% of the company's stock.

Littelfuse Trading Down 3.8%

Littelfuse stock opened at $405.42 on Friday. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. The firm has a market capitalization of $10.30 billion, a price-to-earnings ratio of -810.82, a P/E/G ratio of 2.14 and a beta of 1.49. The company has a 50 day moving average price of $430.65 and a 200 day moving average price of $407.50.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.78 by $0.41. The company had revenue of $738.78 million during the quarter, compared to analyst estimates of $703.38 million. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The company's revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Research analysts forecast that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. This is a positive change from Littelfuse's previous quarterly dividend of $0.75. Littelfuse's payout ratio is currently -640.00%.

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of the business's stock in a transaction 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 directly owned 64,928 shares in the company, valued at $29,344,858.88. The trade was a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Zacks Research lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 13th. Wall Street Zen upgraded Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 9th. Robert W. Baird raised their target price on Littelfuse from $500.00 to $535.00 and gave the company an "outperform" rating in a research note on Friday, June 5th. Needham & Company LLC reaffirmed a "buy" rating and set a $520.00 target price on shares of Littelfuse in a report on Monday, May 18th. Finally, Oppenheimer boosted their price target 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. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target 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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