Hill City Capital LP Takes $54.64 Million Position in Littelfuse, Inc. $LFUS

Hill City Capital LP bought a new stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 120,000 shares of the technology company’s stock, valued at approximately $54,640,000. Littelfuse makes up about 1.4% of Hill City Capital LP’s holdings, making the stock its 15th largest position.

Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its position in Littelfuse by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after buying an additional 44,826 shares during the last quarter. BlackRock Inc. purchased a new position in Littelfuse during the 2nd quarter worth $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in 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 acquiring an additional 412,160 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. grew its stake in shares of Littelfuse by 3.9% in 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 acquiring an additional 37,203 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of Littelfuse by 58.6% in 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 purchasing an additional 225,445 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

Insider Activity

In related news, Director Anthony Grillo sold 3,000 shares of the stock in a transaction dated 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 sale, the director owned 64,928 shares of the company’s stock, valued at approximately $29,344,858.88. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. 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 research 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 lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Williams Trading set a $520.00 target price on shares of Littelfuse in a research report on Thursday, May 7th. Finally, Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Price Performance

Littelfuse stock opened at $412.26 on Monday. Littelfuse, Inc. has a 1-year low of $233.36 and a 1-year high of $500.57. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of -824.50, a P/E/G ratio of 2.18 and a beta of 1.49. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The firm has a 50 day simple moving average of $437.01 and a 200 day simple moving average of $405.38.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The business had revenue of $738.78 million for 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%. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. On average, analysts predict that Littelfuse, Inc. will post 15.78 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 20th. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. 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.