Connor Clark & Lunn Investment Management Ltd. Purchases Shares of 55,890 Littelfuse, Inc. $LFUS

Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 55,890 shares of the technology company’s stock, valued at approximately $25,448,000. Connor Clark & Lunn Investment Management Ltd. owned 0.22% of Littelfuse at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Atlas Capital Advisors Inc. bought a new position in shares of Littelfuse during the 4th quarter worth approximately $27,000. Quarry LP acquired a new position in Littelfuse during the third quarter worth approximately $36,000. Prosperity Bancshares Inc acquired a new position in shares of Littelfuse during the 4th quarter worth approximately $36,000. IFP Advisors Inc raised its holdings in Littelfuse by 292.1% in the 4th quarter. IFP Advisors Inc now owns 149 shares of the technology company’s stock valued at $38,000 after acquiring an additional 111 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in shares of Littelfuse by 50.9% during the third quarter. Larson Financial Group LLC now owns 160 shares of the technology company’s stock worth $41,000 after buying an additional 54 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Trading Down 2.2%

Shares of Littelfuse stock opened at $403.37 on Tuesday. The company has a quick ratio of 2.00, a current ratio of 2.76 and a debt-to-equity ratio of 0.20. Littelfuse, Inc. has a 12-month low of $233.36 and a 12-month high of $500.57. The company has a market capitalization of $10.25 billion, a price-to-earnings ratio of -806.72, a PEG ratio of 2.18 and a beta of 1.49. The firm’s 50-day moving average price is $435.54 and its two-hundred day moving average price is $405.88.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Wednesday, July 29th. The technology company reported $4.19 EPS for the quarter, beating the consensus estimate of $3.78 by $0.41. The company had revenue of $738.78 million during 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 period in the previous year, the company earned $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. On average, analysts forecast that Littelfuse, Inc. will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Littelfuse’s previous quarterly dividend of $0.75. Littelfuse’s dividend payout ratio (DPR) is -640.00%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price objective on shares of Littelfuse in a report on Monday, May 18th. 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. Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of Littelfuse stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total value of $1,355,880.00. Following the transaction, the director owned 64,928 shares in the company, valued at approximately $29,344,858.88. This trade 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.

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.