HighTower Advisors LLC Increases Position in Littelfuse, Inc. $LFUS

Key Points

• HighTower Advisors LLC boosted its Littelfuse stake by 554.6% in the fourth quarter, ending with 23,744 shares worth about $6.0 million. The filing shows strong institutional interest, with 96.14% of LFUS shares held by hedge funds and other institutions.
• Analysts are generally bullish on Littelfuse, with a consensus rating of “Buy” and an average price target of $436.67. Recent updates included benchmark upgrades and higher targets from firms like Oppenheimer and Needham, though Weiss Ratings cut the stock to “sell.”
• Littelfuse reported better-than-expected Q1 results, posting EPS of $3.31 versus estimates of $2.83 and revenue of $656.97 million, up 18.5% year over year. The company also declared a quarterly dividend of $0.75 per share, payable June 4.

HighTower Advisors LLC grew its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 554.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,744 shares of the technology company's stock after acquiring an additional 20,117 shares during the quarter. HighTower Advisors LLC owned about 0.10% of Littelfuse worth $6,005,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of Littelfuse by 1.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 147,379 shares of the technology company's stock valued at $38,173,000 after acquiring an additional 2,013 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of Littelfuse in the 3rd quarter valued at $810,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Littelfuse in the 3rd quarter valued at $852,000. Teacher Retirement System of Texas increased its holdings in shares of Littelfuse by 16.3% in the 4th quarter. Teacher Retirement System of Texas now owns 29,010 shares of the technology company's stock valued at $7,337,000 after acquiring an additional 4,065 shares during the period. Finally, Royce & Associates LP increased its holdings in shares of Littelfuse by 1.6% in the 3rd quarter. Royce & Associates LP now owns 242,135 shares of the technology company's stock valued at $62,715,000 after acquiring an additional 3,848 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LFUS has been the subject of a number of recent analyst reports. Benchmark raised Littelfuse from a "hold" rating to a "buy" rating and set a $360.00 price objective for the company in a research report on Thursday, January 29th. UBS Group set a $360.00 price objective on Littelfuse in a research report on Thursday, January 29th. Weiss Ratings cut Littelfuse from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday, April 13th. Oppenheimer raised their price objective on Littelfuse from $430.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 7th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $520.00 price objective on shares of Littelfuse in a research report on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Littelfuse currently has a consensus rating of "Buy" and an average target price of $436.67.

Insider Buying and Selling

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of Littelfuse stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the completion of the sale, the senior vice president owned 6,001 shares of the company's stock, valued at approximately $2,613,315.48. The trade was a 65.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 12,494 shares of company stock worth $5,394,954. Insiders own 1.00% of the company's stock.

Littelfuse Stock Performance

Shares of LFUS opened at $475.66 on Thursday. The stock has a 50-day moving average of $395.07 and a two-hundred day moving average of $328.36. Littelfuse, Inc. has a one year low of $201.19 and a one year high of $483.95. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.82 and a current ratio of 2.61. The stock has a market cap of $12.03 billion, a P/E ratio of -281.45, a P/E/G ratio of 2.67 and a beta of 1.46.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, topping analysts' consensus estimates of $2.83 by $0.48. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The company had revenue of $656.97 million during the quarter, compared to analysts' expectations of $638.98 million. During the same quarter in the previous year, the firm posted $2.19 EPS. The firm's revenue was up 18.5% compared to the same quarter last year. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, research analysts predict that Littelfuse, Inc. will post 14.86 EPS for the current year.

Littelfuse Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.00 dividend on an annualized basis and a yield of 0.6%. Littelfuse's payout ratio is currently -177.51%.

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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