PDT Partners LLC Purchases Shares of 4,500 Littelfuse, Inc. $LFUS

Key Points

• PDT Partners purchased 4,500 Littelfuse shares worth approximately $2.05 million, while institutional investors collectively own 96.14% of the company.
• Littelfuse reported strong quarterly results, with EPS of $4.19 beating estimates and revenue rising 20.4% year over year to $738.78 million. The company issued third-quarter EPS guidance of $4.85–$5.05.
• The company raised its quarterly dividend from $0.75 to $0.80 per share, equivalent to an annualized $3.20 dividend and a 0.8% yield; analysts maintain a “Moderate Buy” consensus with an average $465.83 price target.

PDT Partners LLC purchased a new position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,500 shares of the technology company's stock, valued at approximately $2,049,000.

Other large investors have also modified their holdings of the company. Parallel Advisors LLC boosted its holdings in Littelfuse by 6.0% in the first quarter. Parallel Advisors LLC now owns 597 shares of the technology company's stock valued at $203,000 after purchasing an additional 34 shares during the period. Logan Capital Management Inc. increased its holdings in Littelfuse by 0.3% during the 4th quarter. Logan Capital Management Inc. now owns 11,543 shares of the technology company's stock worth $2,920,000 after purchasing an additional 38 shares during the period. Glenmede Investment Management LP increased its holdings in Littelfuse by 1.5% during the 3rd quarter. Glenmede Investment Management LP now owns 2,845 shares of the technology company's stock worth $737,000 after purchasing an additional 43 shares during the period. Everhart Financial Group Inc. raised its position in Littelfuse by 3.0% in the 2nd quarter. Everhart Financial Group Inc. now owns 1,522 shares of the technology company's stock valued at $693,000 after purchasing an additional 44 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Littelfuse by 0.8% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company's stock valued at $1,409,000 after buying an additional 46 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

Littelfuse Stock Up 3.3%

Shares of NASDAQ:LFUS opened at $418.72 on Thursday. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. The stock has a market cap of $10.64 billion, a P/E ratio of -837.42, a P/E/G ratio of 2.14 and a beta of 1.49. The firm has a fifty day moving average price of $433.31 and a 200 day moving average price of $407.01.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating analysts' consensus estimates of $3.78 by $0.41. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The company had revenue of $738.78 million for the quarter, compared to analyst estimates of $703.38 million. During the same period in the previous year, the business posted $2.30 earnings per share. 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. Sell-side analysts predict that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on LFUS shares. Robert W. Baird upped their target price on shares of Littelfuse from $500.00 to $535.00 and gave the stock an "outperform" rating in a research note on Friday, June 5th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research report on Thursday, May 7th. Zacks Research lowered shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Monday, July 13th. Oppenheimer lifted their price objective on shares of 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 target price on shares of Littelfuse in a report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $465.83.

Insiders Place Their Bets

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of the sale, the director directly owned 64,928 shares of the company's stock, valued at approximately $29,344,858.88. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.00% of the company's stock.

Littelfuse Company 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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