Principal Financial Group Inc. Sells 4,259 Shares of Littelfuse, Inc. $LFUS

Key Points

• Principal Financial Group sold 4,259 shares, trimming its position by 1.7% to 241,216 shares (about a 0.97% stake) worth roughly $61.01 million at quarter‑end.
• Littelfuse beat Q1 estimates (non‑GAAP EPS $3.31 vs. $2.83; revenue $656.97M, +18.5% YoY), raised Q2 guidance to an adjusted EPS of $3.65–3.85 and net sales $690M–$710M, and saw Needham lift its price target to $520 as the stock hit a one‑year high.
• The company announced a $0.75 quarterly dividend (0.7% yield) while insiders sold 9,351 shares worth $3.36M in the past 90 days and institutional investors own about 96.14% of the stock.

Principal Financial Group Inc. lessened its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 241,216 shares of the technology company's stock after selling 4,259 shares during the quarter. Principal Financial Group Inc. owned about 0.97% of Littelfuse worth $61,014,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Key Capital Management INC bought a new stake in shares of Littelfuse in the 4th quarter worth approximately $25,000. V Square Quantitative Management LLC bought a new position in shares of Littelfuse during the 4th quarter valued at $30,000. Cullen Frost Bankers Inc. purchased a new position in Littelfuse in the 3rd quarter worth $31,000. Hantz Financial Services Inc. lifted its stake in Littelfuse by 57.6% in the third quarter. Hantz Financial Services Inc. now owns 134 shares of the technology company's stock worth $35,000 after purchasing an additional 49 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Littelfuse by 1,025.0% in the third quarter. Smartleaf Asset Management LLC now owns 135 shares of the technology company's stock worth $35,000 after purchasing an additional 123 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Wall Street Zen lowered Littelfuse from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 21st. Weiss Ratings downgraded Littelfuse from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday, April 13th. Zacks Research cut shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Friday, March 6th. Robert W. Baird set a $360.00 target price on shares of Littelfuse in a research note on Thursday, January 29th. Finally, Needham & Company LLC upped their price target on shares of Littelfuse from $450.00 to $520.00 and gave the company a "buy" rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $436.67.

Littelfuse Stock Performance

Shares of Littelfuse stock opened at $441.58 on Friday. Littelfuse, Inc. has a 12 month low of $192.44 and a 12 month high of $475.00. The firm has a market capitalization of $11.11 billion, a P/E ratio of -261.29, a P/E/G ratio of 2.83 and a beta of 1.46. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $361.35 and a two-hundred day simple moving average of $308.64.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, topping the consensus estimate of $2.83 by $0.48. Littelfuse had a negative net margin of 1.61% and a positive return on equity of 11.62%. The business had revenue of $656.97 million for the quarter, compared to analyst estimates of $638.98 million. During the same quarter in the previous year, the firm posted $2.19 earnings per share. Littelfuse's quarterly revenue was up 18.5% on a year-over-year basis. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, equities analysts forecast that Littelfuse, Inc. will post 12.99 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.75 per share. The ex-dividend date is Thursday, May 21st. This represents a $3.00 annualized dividend and a yield of 0.7%. Littelfuse's dividend payout ratio is currently -103.45%.

More Littelfuse News

Here are the key news stories impacting Littelfuse this week:

• Positive Sentiment: Q1 beat: Littelfuse reported non‑GAAP EPS of $3.31 and revenue of $656.97M (up ~18.5% YoY), both above consensus — management called the quarter a strong start to the year. BusinessWire: Q1 Results
• Positive Sentiment: Raised near‑term outlook: Littelfuse updated Q2 guidance to adjusted EPS $3.65–3.85 and net sales $690M–$710M (both above street), citing faster‑than‑expected integration of Basler. This materially reduced execution risk and supports forward earnings. Seeking Alpha: Q2 Guidance & Basler
• Positive Sentiment: Analyst upgrade: Needham raised its price target from $450 to $520 and kept a "buy" rating — a signaling event that can attract momentum buyers and supports further upside. Benzinga: Needham PT Raise
• Positive Sentiment: Shareholder income: Littelfuse declared a $0.75 quarterly dividend (record May 21, payable June 4), modest yield that adds to investor appeal.
• Positive Sentiment: Momentum: The stock reached a new one‑year high following the results, reflecting strong market reception to the beat and guidance. AmericanBankingNews: 1‑Year High
• Neutral Sentiment: Earnings call and disclosure: Transcripts, slide deck and call highlights emphasize growth initiatives and integration progress — useful for modeling but not new catalytic information beyond guidance. TipRanks: Call Highlights
• Neutral Sentiment: Detailed filings/transcripts available (Seeking Alpha / MarketBeat / slide deck) for deeper due diligence; they confirm the beats and the assumptions behind guidance. MarketBeat: Transcript & Deck
• Negative Sentiment: GAAP profitability caveat: Littelfuse still showed a negative GAAP net margin (~‑3%) despite non‑GAAP beats — investors should monitor whether non‑GAAP adjustments and acquisition costs normalize over coming quarters. MarketBeat: Earnings Summary

Insider Activity at Littelfuse

In related news, Director Anthony Grillo sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $346.24, for a total transaction of $1,731,200.00. Following the transaction, the director owned 69,423 shares in the company, valued at $24,037,019.52. This represents a 6.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gordon Hunter sold 911 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $367.68, for a total value of $334,956.48. Following the transaction, the director directly owned 26,789 shares in the company, valued at $9,849,779.52. The trade was a 3.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 9,351 shares of company stock worth $3,361,060. 1.00% of the stock is owned by insiders.

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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