Harvey Partners LLC Has $28.15 Million Stock Position in Littelfuse, Inc. $LFUS

Harvey Partners LLC increased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 62.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 108,700 shares of the technology company’s stock after acquiring an additional 41,763 shares during the period. Littelfuse accounts for about 2.5% of Harvey Partners LLC’s holdings, making the stock its 18th biggest holding. Harvey Partners LLC’s holdings in Littelfuse were worth $28,154,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Gotham Asset Management LLC increased its position in shares of Littelfuse by 16.3% during the 3rd quarter. Gotham Asset Management LLC now owns 117,055 shares of the technology company’s stock worth $30,318,000 after purchasing an additional 16,388 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Littelfuse in the 3rd quarter valued at approximately $238,000. Dean Capital Management grew its stake in shares of Littelfuse by 26.6% in the third quarter. Dean Capital Management now owns 28,193 shares of the technology company’s stock valued at $7,302,000 after buying an additional 5,930 shares in the last quarter. Brevan Howard Capital Management LP increased its holdings in Littelfuse by 139.4% during the third quarter. Brevan Howard Capital Management LP now owns 4,997 shares of the technology company’s stock worth $1,294,000 after buying an additional 2,910 shares during the last quarter. Finally, Crawford Investment Counsel Inc. increased its holdings in Littelfuse by 114.9% during the third quarter. Crawford Investment Counsel Inc. now owns 85,656 shares of the technology company’s stock worth $22,186,000 after buying an additional 45,802 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Stock Performance

NASDAQ LFUS opened at $326.18 on Monday. The stock has a market cap of $8.21 billion, a PE ratio of -112.48, a P/E/G ratio of 2.09 and a beta of 1.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.91 and a current ratio of 2.69. The firm has a 50-day moving average of $323.49 and a 200-day moving average of $280.13. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $380.00.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. The business had revenue of $593.93 million for the quarter, compared to analyst estimates of $583.53 million. Littelfuse had a negative net margin of 3.00% and a positive return on equity of 10.53%. Littelfuse’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.04 EPS. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. On average, sell-side analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Thursday, February 19th were issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, February 19th. Littelfuse’s dividend payout ratio (DPR) is presently -103.45%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on LFUS. Weiss Ratings cut shares of Littelfuse from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 6th. Williams Trading set a $360.00 target price on shares of Littelfuse in a report on Thursday, January 29th. Oppenheimer set a $380.00 price target on Littelfuse in a report on Thursday, January 29th. Finally, Wall Street Zen cut Littelfuse from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Littelfuse currently has a consensus rating of “Moderate Buy” and a consensus price target of $364.00.

Insiders Place Their Bets

In other Littelfuse news, Director Anthony Grillo sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $346.24, for a total value of $1,731,200.00. Following the transaction, the director directly owned 69,423 shares of the company’s stock, valued at $24,037,019.52. This represents a 6.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Kristina A. Cerniglia sold 2,343 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $368.38, for a total value of $863,114.34. Following the transaction, the director owned 4,255 shares in the company, valued at $1,567,456.90. The trade was a 35.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,012 shares of company stock worth $16,227,764 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

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.