2,000 Shares in Littelfuse, Inc. $LFUS Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new position in Littelfuse, Inc. (NASDAQ:LFUS) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 2,000 shares of the technology company’s stock, valued at approximately $847,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Littelfuse in the second quarter valued at $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Littelfuse during the 2nd quarter valued at $185,057,000. William Blair Investment Management LLC bought a new stake in shares of Littelfuse during the 2nd quarter worth $146,471,000. Boston Trust Walden Corp boosted its stake in shares of Littelfuse by 14.6% during the 1st quarter. Boston Trust Walden Corp now owns 291,393 shares of the technology company’s stock worth $98,884,000 after acquiring an additional 37,126 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Littelfuse by 6.6% during the 1st quarter. Principal Financial Group Inc. now owns 257,187 shares of the technology company’s stock worth $87,282,000 after acquiring an additional 15,971 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on LFUS shares. Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Weiss Ratings raised Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $465.83.

Littelfuse Stock Performance

Littelfuse stock opened at $401.16 on Thursday. The firm’s 50 day simple moving average is $425.27 and its 200-day simple moving average is $425.64. The company has a market cap of $10.19 billion, a P/E ratio of -802.30, a price-to-earnings-growth ratio of 2.19 and a beta of 1.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. Littelfuse, Inc. has a fifty-two week low of $233.36 and a fifty-two week high of $500.57.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The business had revenue of $738.78 million for the quarter, compared to analyst estimates of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The firm’s revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.30 earnings per share. 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 year.

Littelfuse Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were paid a dividend of $0.80 per share. This is an increase from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $3.20 annualized dividend and a yield of 0.8%. Littelfuse’s dividend payout ratio (DPR) is presently -640.00%.

About Littelfuse

Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and circuit-protection devices, power semiconductor products, relays, switches, sensors and power-distribution components.

The company serves customers in the automotive, commercial vehicle, industrial, electronics and communications markets. Its products are used in applications ranging from vehicle electrification and battery systems to factory automation, renewable energy, consumer electronics and electrical infrastructure.

Founded in 1927, Littelfuse has expanded from its early focus on circuit protection into a global supplier of electrical and electronic components.