Corient Private Wealth LP Invests $4.73 Million in Littelfuse, Inc. $LFUS

Key Points

• Corient Private Wealth acquired 10,382 Littelfuse shares worth approximately $4.73 million in the second quarter. Institutional investors collectively own 96.14% of the company.
• Littelfuse reported quarterly EPS of $4.19, beating estimates of $3.78, while revenue rose 20.4% year over year to $738.78 million. The company issued third-quarter EPS guidance of $4.85–$5.05.
• Analysts maintain a generally positive outlook, with an average rating of “Moderate Buy” and a consensus price target of $465.83. Littelfuse also raised its quarterly dividend from $0.75 to $0.80 per share.

Corient Private Wealth LP acquired a new stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,382 shares of the technology company's stock, valued at approximately $4,727,000.

Several other hedge funds have also made changes to their positions in LFUS. BlackRock Inc. bought a new position in Littelfuse during the second quarter valued at about $1,148,821,000. Wellington Management Group LLP bought a new stake in shares of Littelfuse in the 4th quarter worth approximately $114,166,000. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Littelfuse by 67.3% during the 4th 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 acquired a new stake in shares of Littelfuse during the 2nd quarter worth approximately $146,471,000. Finally, Norges Bank bought a new stake in shares of Littelfuse during the fourth quarter valued at approximately $73,575,000. Institutional investors own 96.14% of the company's stock.

Insider Activity at Littelfuse

In other news, Director Anthony Grillo sold 3,000 shares of the company's stock in a transaction dated 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 of the company's stock, valued at approximately $29,344,858.88. This represents a 4.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LFUS. Needham & Company LLC restated a "buy" rating and issued a $520.00 target price on shares of Littelfuse in a research note on Monday, May 18th. Wall Street Zen upgraded shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 9th. Weiss Ratings raised shares of Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Robert W. Baird increased their price objective on shares of Littelfuse from $500.00 to $535.00 and gave the company an "outperform" rating in a research note on Friday, June 5th. Finally, Oppenheimer raised their price objective on shares of Littelfuse from $430.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $465.83.

Littelfuse Trading Up 1.7%

Shares of LFUS opened at $412.18 on Tuesday. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The stock has a 50 day simple moving average of $429.11 and a 200-day simple moving average of $408.36. The stock has a market cap of $10.47 billion, a PE ratio of -824.34, a PEG ratio of 2.14 and a beta of 1.49.

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

Littelfuse Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.80 dividend. The ex-dividend date is Thursday, August 20th. This represents a $3.20 annualized dividend and a dividend yield of 0.8%. This is a boost from Littelfuse's previous quarterly dividend of $0.75. Littelfuse's dividend payout ratio is presently -640.00%.

About Littelfuse

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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