Littelfuse, Inc. $LFUS Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 298,905 shares of the technology company’s stock after purchasing an additional 13,437 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Littelfuse were worth $75,599,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its stake in Littelfuse by 49.8% during the fourth quarter. Allworth Financial LP now owns 310 shares of the technology company’s stock worth $78,000 after buying an additional 103 shares during the last quarter. First National Advisers LLC raised its position in Littelfuse by 2.3% in the fourth quarter. First National Advisers LLC now owns 13,612 shares of the technology company’s stock valued at $3,443,000 after purchasing an additional 307 shares during the period. NewEdge Wealth LLC purchased a new stake in Littelfuse in the fourth quarter valued at $213,000. Sequoia Financial Advisors LLC raised its position in Littelfuse by 35.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 2,598 shares of the technology company’s stock valued at $657,000 after purchasing an additional 684 shares during the period. Finally, Horizon Investments LLC purchased a new stake in Littelfuse in the fourth quarter valued at $617,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Wall Street Analysts Forecast Growth

LFUS has been the topic of a number of research analyst reports. Robert W. Baird set a $360.00 target price on Littelfuse in a research report on Thursday, January 29th. Oppenheimer lifted their target price 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 price objective on Littelfuse in a report on Thursday, May 7th. Benchmark upgraded Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price objective on the stock in a report on Thursday, January 29th. Finally, Weiss Ratings downgraded Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 13th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Littelfuse currently has a consensus rating of “Buy” and a consensus price target of $436.67.

Littelfuse Trading Down 3.0%

NASDAQ:LFUS opened at $446.11 on Friday. The stock has a 50-day simple moving average of $373.95 and a 200-day simple moving average of $316.45. The stock has a market cap of $11.28 billion, a P/E ratio of -263.97, a P/E/G ratio of 2.83 and a beta of 1.46. Littelfuse, Inc. has a 1 year low of $201.19 and a 1 year high of $483.95. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.82 and a current ratio of 2.61.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.48. The business had revenue of $656.97 million during the quarter, compared to analysts’ expectations of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.19 EPS. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, analysts anticipate that Littelfuse, Inc. will post 13.56 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, May 21st. Littelfuse’s dividend payout ratio is currently -177.51%.

Insider Activity at Littelfuse

In related news, SVP Maggie Chu sold 282 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $396.90, for a total value of $111,925.80. Following the completion of the sale, the senior vice president directly owned 6,001 shares of the company’s stock, valued at $2,381,796.90. This represents a 4.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kristina A. Cerniglia sold 2,343 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $368.38, for a total value of $863,114.34. Following the completion of the sale, the director directly owned 4,255 shares of the company’s stock, valued at approximately $1,567,456.90. This trade represents a 35.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 4,351 shares of company stock valued at $1,629,860 in the last three months. 1.00% of the stock is currently owned by company 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.