Littelfuse, Inc. $LFUS Holdings Lifted by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP increased its Littelfuse stake by 34.4% in the second quarter, while institutional investors and hedge funds collectively own 96.14% of LFUS shares.
• Littelfuse reported stronger-than-expected quarterly results, with EPS of $4.19 versus the $3.78 consensus and revenue of $738.78 million, up 20.4% year over year. The company provided third-quarter EPS guidance of $4.85–$5.05.
• Littelfuse 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.

Corient Private Wealth LP raised its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 34.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,856 shares of the technology company's stock after purchasing an additional 3,288 shares during the quarter. Corient Private Wealth LP owned approximately 0.05% of Littelfuse worth $5,854,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of LFUS. HighTower Advisors LLC boosted its stake in Littelfuse by 554.6% in the 4th quarter. HighTower Advisors LLC now owns 23,744 shares of the technology company's stock valued at $6,005,000 after buying an additional 20,117 shares in the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new stake in Littelfuse during the 4th quarter worth $822,000. Gator Capital Management LLC acquired a new position in Littelfuse during the fourth quarter valued at approximately $2,198,000. Jefferies Financial Group Inc. acquired a new stake in Littelfuse during the 4th quarter worth approximately $2,990,000. Finally, Bank of New York Mellon Corp acquired a new stake in Littelfuse in the 2nd quarter valued at approximately $86,345,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $407.88 on Friday. The business's 50-day moving average price is $422.40 and its two-hundred day moving average price is $412.96. 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 stock has a market cap of $10.36 billion, a P/E ratio of -815.74, a PEG ratio of 2.12 and a beta of 1.47. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve 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 EPS for the quarter, topping the consensus estimate of $3.78 by $0.41. The firm had revenue of $738.78 million for 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 company's quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.30 earnings per share. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, 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. Investors of record on Thursday, August 20th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Littelfuse's previous quarterly dividend of $0.75. The ex-dividend date was Thursday, August 20th. Littelfuse's payout ratio is currently -640.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented 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 cut shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Monday, July 13th. Finally, Robert W. Baird lifted their price target on Littelfuse from $500.00 to $535.00 and gave the company an "outperform" rating in a research note on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $465.83.

About Littelfuse

Littelfuse, Inc NASDAQ: LFUS is an industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes circuit protection devices such as fuses and resettable protection products, as well as power semiconductor components, switches, relays, sensors and related power-control technologies.

The company serves customers across the automotive, industrial, commercial, consumer electronics, telecommunications, energy and transportation markets.

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