Pinnbrook Capital Management LP Makes New Investment in Littelfuse, Inc. $LFUS

Pinnbrook Capital Management LP acquired a new stake in Littelfuse, Inc. (NASDAQ:LFUS) during the second quarter, HoldingsChannel.com reports. The fund acquired 4,320 shares of the technology company’s stock, valued at approximately $1,967,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Littelfuse by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock worth $751,141,000 after purchasing an additional 44,826 shares in the last quarter. BlackRock Inc. acquired a new stake in Littelfuse in the second quarter valued at $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Littelfuse by 67.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after buying an additional 412,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. lifted its holdings in 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 during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in Littelfuse by 58.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock worth $154,273,000 after buying an additional 225,445 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on LFUS shares. Williams Trading set a $520.00 price objective on Littelfuse in a research report on Thursday, May 7th. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Needham & Company LLC restated a “buy” rating and set a $520.00 target price on shares of Littelfuse in a research note on Monday, May 18th. Oppenheimer upped their price target on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Robert W. Baird increased their price target on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $465.83.

Insiders Place Their Bets

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total value of $1,355,880.00. Following the completion of the sale, the director owned 64,928 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Littelfuse Stock Performance

NASDAQ LFUS opened at $412.26 on Friday. The company has a fifty day moving average of $437.01 and a two-hundred day moving average of $404.82. The company has a market capitalization of $10.47 billion, a PE ratio of -824.50, a P/E/G ratio of 2.18 and a beta of 1.49. 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.

Littelfuse (NASDAQ:LFUS) last posted 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. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The business had revenue of $738.78 million for the quarter, compared to analysts’ expectations of $703.38 million. During the same quarter in the previous year, the firm earned $2.30 earnings per share. The business’s revenue was up 20.4% compared to the same quarter last year. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, analysts expect that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.8%. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. Littelfuse’s dividend payout ratio is presently -640.00%.

About Littelfuse

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.