California State Teachers Retirement System Grows Position in Littelfuse, Inc. $LFUS

Key Points

• California State Teachers Retirement System dramatically increased its Littelfuse stake by adding 13.19 million shares in the second quarter, bringing its ownership to 13.22 million shares, or approximately 52.04% of the company.
• Littelfuse reported strong quarterly results, with earnings of $4.19 per share and revenue of $738.78 million, exceeding analyst estimates. Revenue rose 20.4% year over year, and management issued third-quarter EPS guidance of $4.85 to $5.05.
• The company raised its quarterly dividend to $0.80 per share, while analysts maintain a “Moderate Buy” consensus with an average price target of $465.83.

California State Teachers Retirement System grew its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 45,011.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,217,775 shares of the technology company's stock after acquiring an additional 13,188,475 shares during the quarter. California State Teachers Retirement System owned about 52.04% of Littelfuse worth $6,018,449,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Parallel Advisors LLC boosted its stake in Littelfuse by 6.0% during the 1st quarter. Parallel Advisors LLC now owns 597 shares of the technology company's stock worth $203,000 after purchasing an additional 34 shares during the period. Logan Capital Management Inc. raised its holdings in shares of Littelfuse by 0.3% in the fourth quarter. Logan Capital Management Inc. now owns 11,543 shares of the technology company's stock valued at $2,920,000 after buying an additional 38 shares during the last quarter. Glenmede Investment Management LP boosted its stake in shares of Littelfuse by 1.5% during the third quarter. Glenmede Investment Management LP now owns 2,845 shares of the technology company's stock worth $737,000 after buying an additional 43 shares during the period. Everhart Financial Group Inc. boosted its stake in shares of Littelfuse by 3.0% during the second quarter. Everhart Financial Group Inc. now owns 1,522 shares of the technology company's stock worth $693,000 after buying an additional 44 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Littelfuse by 0.8% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company's stock worth $1,409,000 after buying an additional 46 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Littelfuse Trading Down 0.2%

NASDAQ LFUS opened at $421.98 on Thursday. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $10.72 billion, a P/E ratio of -843.94, a P/E/G ratio of 2.23 and a beta of 1.47. Littelfuse, Inc. has a 52-week low of $233.36 and a 52-week high of $500.57. The firm has a 50-day moving average price of $423.34 and a 200 day moving average price of $411.33.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating analysts' consensus estimates of $3.78 by $0.41. The company had revenue of $738.78 million for 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 firm's revenue for the quarter was up 20.4% compared to the same quarter last year. 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. Equities research analysts expect that Littelfuse, Inc. will post 15.78 EPS for the current 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 issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. This is an increase from Littelfuse's previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, August 20th. Littelfuse's dividend payout ratio is -640.00%.

Wall Street Analysts Forecast Growth

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

Littelfuse 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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