2,760 Shares in Littelfuse, Inc. $LFUS Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Littelfuse, Inc. (NASDAQ:LFUS) in the second quarter, according to its most recent filing with the SEC. The fund acquired 2,760 shares of the technology company’s stock, valued at approximately $1,257,000.

Several other institutional investors have also recently made changes to their positions in LFUS. California State Teachers Retirement System grew its position in shares of Littelfuse by 45,011.9% in the second quarter. California State Teachers Retirement System now owns 13,217,775 shares of the technology company’s stock valued at $6,018,449,000 after purchasing an additional 13,188,475 shares in the last quarter. Wedmont Private Capital purchased a new stake in Littelfuse during the 2nd quarter worth about $204,000. NBH Bank bought a new position in Littelfuse in the 2nd quarter worth about $78,000. AlphaGrep UK Ltd purchased a new position in Littelfuse during the 2nd quarter valued at about $279,000. Finally, Syon Capital LLC grew its holdings in Littelfuse by 4.3% during the 2nd quarter. Syon Capital LLC now owns 1,506 shares of the technology company’s stock valued at $686,000 after buying an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 price objective on shares of Littelfuse in a research note on Monday, May 18th. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Finally, Robert W. Baird increased their target price on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Stock Performance

NASDAQ LFUS opened at $432.30 on Friday. Littelfuse, Inc. has a 52-week low of $233.36 and a 52-week high of $500.57. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. The company has a market capitalization of $10.98 billion, a P/E ratio of -864.58, a P/E/G ratio of 2.28 and a beta of 1.47. The company has a fifty day moving average of $423.52 and a 200-day moving average of $411.77.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating 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 prior year, the firm earned $2.30 earnings per share. The firm’s revenue was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, equities research analysts predict that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.

Littelfuse Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were given a dividend of $0.80 per share. This is a boost from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date was Thursday, August 20th. This represents a $3.20 annualized dividend and a dividend yield of 0.7%. Littelfuse’s dividend payout ratio is currently -640.00%.

Littelfuse Company Profile

Littelfuse, Inc (NASDAQ: LFUS) is an industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes circuit protection devices such as fuses and resettable protection products, as well as power semiconductor components, switches, relays, sensors and related power-control technologies.

The company serves customers across the automotive, industrial, commercial, consumer electronics, telecommunications, energy and transportation markets.