Canada Pension Plan Investment Board Takes Position in Littelfuse, Inc. $LFUS

Key Points

• Canada Pension Plan Investment Board acquired 8,320 Littelfuse shares worth approximately $3.8 million in the second quarter. Institutional investors collectively own 96.14% of the company.
• Littelfuse reported better-than-expected quarterly results, with adjusted EPS of $4.19 versus the $3.78 consensus and revenue of $738.78 million, up 20.4% year over year. The company guided for third-quarter EPS of $4.85–$5.05.
• The company raised its quarterly dividend to $0.80 per share from $0.75, while analysts maintain a “Moderate Buy” consensus and an average price target of $465.83.

Canada Pension Plan Investment Board acquired a new stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 8,320 shares of the technology company's stock, valued at approximately $3,788,000.

Other large investors have also recently bought and sold shares of the company. Parallel Advisors LLC increased its position in Littelfuse by 6.0% during the first quarter. Parallel Advisors LLC now owns 597 shares of the technology company's stock worth $203,000 after buying an additional 34 shares during the last quarter. Logan Capital Management Inc. boosted its stake in shares of Littelfuse by 0.3% during the 4th quarter. Logan Capital Management Inc. now owns 11,543 shares of the technology company's stock worth $2,920,000 after acquiring an additional 38 shares in the last quarter. Glenmede Investment Management LP boosted its stake in shares of Littelfuse by 1.5% during the 3rd quarter. Glenmede Investment Management LP now owns 2,845 shares of the technology company's stock worth $737,000 after acquiring an additional 43 shares in the last quarter. Everhart Financial Group Inc. increased its holdings in shares of Littelfuse by 3.0% during the 2nd quarter. Everhart Financial Group Inc. now owns 1,522 shares of the technology company's stock valued at $693,000 after acquiring an additional 44 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Littelfuse by 0.8% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company's stock valued at $1,409,000 after acquiring an additional 46 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Price Performance

NASDAQ LFUS opened at $405.42 on Monday. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month 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 stock has a market capitalization of $10.30 billion, a PE ratio of -810.82, a P/E/G ratio of 2.14 and a beta of 1.49. The stock has a 50-day simple moving average of $430.65 and a 200 day simple moving average of $407.92.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating the consensus estimate of $3.78 by $0.41. The firm had revenue of $738.78 million during the quarter, compared to the consensus estimate 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 prior year, the company earned $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Research analysts anticipate that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

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

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of the firm's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total value of $1,355,880.00. Following the sale, the director owned 64,928 shares in the company, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Oppenheimer boosted their target price on Littelfuse from $430.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 7th. Williams Trading set a $520.00 price target on Littelfuse in a report on Thursday, May 7th. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 9th. Zacks Research cut shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 13th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $520.00 price objective on shares of Littelfuse in a report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Littelfuse has an average rating of "Moderate Buy" and an average 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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