Curated Wealth Partners LLC Sells 59,755 Shares of Littelfuse, Inc. $LFUS

Key Points

• Curated Wealth Partners LLC cut its Littelfuse stake by 99.2%, selling 59,755 shares and retaining just 487 shares valued at approximately $206,000.
• Institutional ownership remains high at 96.14%, with major investors including BlackRock, Barrow Hanley, William Blair, and Bank of America acquiring new positions.
• Littelfuse exceeded quarterly earnings and revenue expectations, raised its quarterly dividend from $0.75 to $0.80 per share, and analysts maintain a “Moderate Buy” consensus with an average price target of $465.83.

Curated Wealth Partners LLC lowered its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 99.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 487 shares of the technology company's stock after selling 59,755 shares during the period. Curated Wealth Partners LLC's holdings in Littelfuse were worth $206,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Littelfuse in the second quarter valued at about $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Littelfuse during the second quarter worth about $185,057,000. William Blair Investment Management LLC purchased a new stake in shares of Littelfuse during the second quarter worth about $146,471,000. Bank of America Corp DE bought a new stake in shares of Littelfuse in the second quarter worth about $115,306,000. Finally, Boston Trust Walden Corp grew its stake in shares of Littelfuse by 14.6% in the first quarter. Boston Trust Walden Corp now owns 291,393 shares of the technology company's stock worth $98,884,000 after purchasing an additional 37,126 shares during the last quarter. Institutional investors own 96.14% of the company's stock.

Littelfuse Stock Performance

Shares of LFUS stock opened at $380.89 on Monday. The stock has a fifty day moving average of $422.41 and a 200 day moving average of $426.48. Littelfuse, Inc. has a 52 week low of $233.36 and a 52 week high of $500.57. The firm has a market capitalization of $9.67 billion, a price-to-earnings ratio of -761.76, a PEG ratio of 2.01 and a beta of 1.48. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.20.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly 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 business had revenue of $738.78 million for 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 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 business posted $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, research analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on LFUS shares. Weiss Ratings upgraded Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Zacks Research lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 13th. Four 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, the company presently has an average rating of "Moderate Buy" and an average target price of $465.83.

Littelfuse Profile

Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and circuit-protection devices, power semiconductor products, relays, switches, sensors and power-distribution components.

The company serves customers in the automotive, commercial vehicle, industrial, electronics and communications markets. Its products are used in applications ranging from vehicle electrification and battery systems to factory automation, renewable energy, consumer electronics and electrical infrastructure.

Founded in 1927, Littelfuse has expanded from its early focus on circuit protection into a global supplier of electrical and electronic components.

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