Littelfuse, Inc. $LFUS Stake Boosted by California Public Employees Retirement System

California Public Employees Retirement System boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 14.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 49,087 shares of the technology company’s stock after purchasing an additional 6,233 shares during the quarter. California Public Employees Retirement System’s holdings in Littelfuse were worth $16,658,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Horizon Investments LLC bought a new position in Littelfuse in the fourth quarter worth about $617,000. Teacher Retirement System of Texas increased its position in Littelfuse by 16.3% during the 4th quarter. Teacher Retirement System of Texas now owns 29,010 shares of the technology company’s stock valued at $7,337,000 after buying an additional 4,065 shares in the last quarter. Summit Creek Advisors LLC raised its position in shares of Littelfuse by 8.7% in the 4th quarter. Summit Creek Advisors LLC now owns 70,714 shares of the technology company’s stock worth $17,885,000 after purchasing an additional 5,678 shares during the last quarter. HighTower Advisors LLC raised its holdings in Littelfuse by 554.6% in the fourth quarter. HighTower Advisors LLC now owns 23,744 shares of the technology company’s stock worth $6,005,000 after buying an additional 20,117 shares during the last quarter. Finally, Nano Cap New Millennium Growth Fund L P purchased a new position in Littelfuse in the 4th quarter worth approximately $822,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on LFUS shares. Oppenheimer increased their price objective on Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Williams Trading set a $520.00 target price on Littelfuse in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research note on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Read Our Latest Analysis on LFUS

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total value of $1,355,880.00. Following 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Maggie Chu sold 11,397 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total transaction 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,494 shares of company stock valued at $6,750,834 in the last ninety days. Insiders own 1.00% of the company’s stock.

Littelfuse Stock Performance

Shares of LFUS opened at $415.17 on Friday. The firm has a market capitalization of $10.50 billion, a P/E ratio of -245.66, a PEG ratio of 2.33 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.61 and a quick ratio of 1.82. Littelfuse, Inc. has a one year low of $226.18 and a one year high of $500.57. The business has a fifty day moving average of $446.46 and a 200 day moving average of $383.87.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.83 by $0.48. The company had revenue of $656.97 million for the quarter, compared to the consensus estimate of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.Littelfuse’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, sell-side analysts anticipate that Littelfuse, Inc. will post 14.86 EPS for the current year.

About Littelfuse

(Free Report)

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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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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