Engineers Gate Manager LP Makes New Investment in Littelfuse, Inc. $LFUS

Key Points

• Engineers Gate Manager LP acquired 77,115 Littelfuse shares worth approximately $35.1 million during the second quarter, giving it a 0.30% stake. Institutional investors collectively own 96.14% of the company.
• Littelfuse reported quarterly earnings of $4.19 per share, exceeding estimates of $3.78, while revenue rose 20.4% year over year to $738.78 million. The company guided for third-quarter EPS of $4.85–$5.05.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $465.83; Littelfuse also increased its quarterly dividend to $0.80 per share.

Engineers Gate Manager LP purchased a new stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 77,115 shares of the technology company's stock, valued at approximately $35,113,000. Engineers Gate Manager LP owned about 0.30% of Littelfuse as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Baird Financial Group Inc. grew its holdings in Littelfuse by 491.7% in the 2nd quarter. Baird Financial Group Inc. now owns 50,679 shares of the technology company's stock valued at $23,076,000 after buying an additional 42,114 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Littelfuse by 1.5% in the second quarter. Arizona State Retirement System now owns 6,943 shares of the technology company's stock valued at $3,161,000 after acquiring an additional 104 shares during the period. Waverly Advisors LLC acquired a new stake in shares of Littelfuse in the second quarter worth $238,000. Nykredit A S bought a new position in Littelfuse during the second quarter worth $350,000. Finally, Corient Private Wealth LP raised its stake in Littelfuse by 34.4% during the 2nd quarter. Corient Private Wealth LP now owns 12,856 shares of the technology company's stock valued at $5,854,000 after purchasing an additional 3,288 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on LFUS shares. Weiss Ratings upgraded shares of Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Robert W. Baird lifted their target price on Littelfuse from $500.00 to $535.00 and gave the stock an "outperform" rating in a research report on Friday, June 5th. Needham & Company LLC reaffirmed a "buy" rating and issued a $520.00 price target on shares of Littelfuse in a report on Monday, May 18th. Finally, Zacks Research lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Littelfuse presently has a consensus rating of "Moderate Buy" and an average price target of $465.83.

Littelfuse Stock Down 0.2%

Shares of 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 company has a 50-day moving average price of $423.34 and a two-hundred day moving average price of $411.33. The stock has a market cap of $10.72 billion, a price-to-earnings ratio of -843.94, a P/E/G ratio of 2.23 and a beta of 1.47. Littelfuse, Inc. has a 12 month low of $233.36 and a 12 month high of $500.57.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data 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 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 company's revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities analysts predict that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.

Littelfuse Increases Dividend

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

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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