Wedge Capital Management L L P NC Lowers Holdings in Littelfuse, Inc. $LFUS

Wedge Capital Management L L P NC lowered its position in Littelfuse, Inc. (NASDAQ:LFUS) by 19.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,581 shares of the technology company’s stock after selling 2,383 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Littelfuse were worth $4,363,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LFUS. Vanguard Group Inc. raised its position in Littelfuse by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after purchasing an additional 44,826 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Littelfuse by 67.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock worth $259,035,000 after buying an additional 412,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its position in shares of Littelfuse by 3.9% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock worth $247,988,000 after buying an additional 37,203 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Littelfuse by 58.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after buying an additional 225,445 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Littelfuse by 5.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 516,479 shares of the technology company’s stock valued at $130,635,000 after buying an additional 25,860 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Littelfuse

In other news, Director Anthony Grillo sold 3,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the sale, the director directly owned 64,928 shares of the company’s stock, valued at $29,344,858.88. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Maggie Chu sold 11,397 shares of the company’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 completion of the transaction, the senior vice president directly owned 6,001 shares in the company, valued at approximately $2,613,315.48. The trade was a 65.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LFUS. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research note on Thursday, May 7th. 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 lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Robert W. Baird upped their price target on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Four equities research 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, the company has an average rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Stock Performance

LFUS opened at $459.01 on Thursday. The company has a market cap of $11.66 billion, a P/E ratio of -918.00, a price-to-earnings-growth ratio of 2.40 and a beta of 1.49. 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 firm’s 50-day moving average price is $440.54 and its 200-day moving average price is $399.12. Littelfuse, Inc. has a 52-week low of $233.36 and a 52-week high of $500.57.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, topping analysts’ consensus estimates of $3.78 by $0.41. The company had revenue of $738.78 million during the quarter, compared to analysts’ expectations of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. Littelfuse’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period last year, the business earned $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, equities analysts anticipate 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 will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.80 per share. The ex-dividend date is Thursday, August 20th. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. This represents a $3.20 annualized dividend and a dividend yield of 0.7%. Littelfuse’s payout ratio is presently -640.00%.

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.