Chase Investment Counsel Corp Purchases New Position in Littelfuse, Inc. $LFUS

Chase Investment Counsel Corp purchased a new position in Littelfuse, Inc. (NASDAQ:LFUS) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 24,572 shares of the technology company’s stock, valued at approximately $8,338,000. Littelfuse makes up 2.2% of Chase Investment Counsel Corp’s portfolio, making the stock its 13th largest position.

Several other large investors also recently added to or reduced their stakes in LFUS. Wellington Management Group LLP purchased a new stake in Littelfuse during the fourth quarter valued at approximately $114,166,000. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Littelfuse by 67.3% in 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 purchasing an additional 412,160 shares during the period. Norges Bank bought a new position in shares of Littelfuse during the 4th quarter valued at approximately $73,575,000. T. Rowe Price Investment Management Inc. increased its position in shares of Littelfuse by 58.6% during the 4th 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. Finally, Corient Private Wealth LLC raised its holdings in Littelfuse by 1,842.8% during the 4th quarter. Corient Private Wealth LLC now owns 193,583 shares of the technology company’s stock valued at $48,961,000 after buying an additional 183,619 shares during the period. 96.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

LFUS has been the subject of a number of analyst reports. Needham & Company LLC restated a “buy” rating and issued a $520.00 price target on shares of Littelfuse in a research report on Monday, May 18th. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research report on Thursday, May 7th. Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Oppenheimer raised their target price on shares of Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Littelfuse in a research note on Friday, July 10th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Littelfuse has an average rating of “Moderate Buy” and a consensus price target of $465.83.

Littelfuse Trading Up 3.2%

Shares of NASDAQ LFUS opened at $414.53 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.82 and a current ratio of 2.61. The business’s 50 day moving average price is $448.66 and its 200-day moving average price is $381.65. Littelfuse, Inc. has a fifty-two week low of $226.18 and a fifty-two week high of $500.57. The company has a market cap of $10.48 billion, a price-to-earnings ratio of -245.28, a PEG ratio of 2.25 and a beta of 1.49.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.48. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The firm had revenue of $656.97 million during the quarter, compared to analyst estimates of $638.98 million. During the same period last year, the company earned $2.19 EPS. Littelfuse’s quarterly revenue was up 18.5% compared to the same quarter last year. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, sell-side analysts expect that Littelfuse, Inc. will post 14.86 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Maggie Chu sold 11,397 shares of Littelfuse stock in a transaction 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 sale, the senior vice president directly owned 6,001 shares in the company, valued at approximately $2,613,315.48. This trade represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anthony Grillo sold 3,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the sale, the director directly owned 64,928 shares of the company’s stock, valued at $29,344,858.88. This represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 15,494 shares of company stock worth $6,750,834. Insiders own 1.00% of the company’s stock.

Littelfuse Profile

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.