Oliver Luxxe Assets LLC Cuts Stock Holdings in Littelfuse, Inc. $LFUS

Oliver Luxxe Assets LLC lessened its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 40.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,945 shares of the technology company’s stock after selling 3,364 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in Littelfuse were worth $2,252,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in LFUS. Key Capital Management INC acquired a new stake in shares of Littelfuse during the 4th quarter worth $25,000. Atlas Capital Advisors Inc. acquired a new position in Littelfuse in the fourth quarter valued at $27,000. V Square Quantitative Management LLC purchased a new stake in Littelfuse during the fourth quarter valued at about $30,000. Quarry LP acquired a new stake in Littelfuse during the third quarter worth about $36,000. Finally, Prosperity Bancshares Inc acquired a new stake in Littelfuse during the fourth quarter worth about $36,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Price Performance

LFUS stock opened at $456.55 on Friday. The firm has a market cap of $11.60 billion, a P/E ratio of -913.08, a price-to-earnings-growth ratio of 2.41 and a beta of 1.49. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. Littelfuse, Inc. has a 1 year low of $233.36 and a 1 year high of $500.57. The stock has a 50-day simple moving average of $441.90 and a 200-day simple moving average of $395.05.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results 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 analyst estimates of $703.38 million. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.Littelfuse’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. On average, equities analysts predict that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Thursday, August 20th. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.7%. Littelfuse’s dividend payout ratio is presently -600.00%.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total value of $4,963,165.56. Following the transaction, the senior vice president owned 6,001 shares in the company, valued at $2,613,315.48. The trade was a 65.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Anthony Grillo sold 3,000 shares of the business’s stock in a transaction 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 transaction, the director owned 64,928 shares in the company, valued at $29,344,858.88. This represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LFUS. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Robert W. Baird raised their price target on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Williams Trading set a $520.00 price objective on shares of Littelfuse in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Littelfuse has an average rating of “Moderate Buy” and an average price target of $465.83.

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.