Insider Selling: Littelfuse (NASDAQ:LFUS) Director Sells 3,000 Shares of Stock

Littelfuse, Inc. (NASDAQ:LFUSGet Free Report) 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 transaction, the director directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Littelfuse Stock Up 5.4%

Shares of LFUS stock traded up $23.54 during mid-day trading on Thursday, reaching $462.98. 152,356 shares of the company’s stock traded hands, compared to its average volume of 291,671. The company has a market cap of $11.71 billion, a P/E ratio of -273.95, a P/E/G ratio of 2.56 and a beta of 1.48. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21. Littelfuse, Inc. has a 12 month low of $215.16 and a 12 month high of $500.57. The company’s 50-day moving average price is $421.57 and its 200-day moving average price is $344.33.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.48. The firm had revenue of $656.97 million for 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 revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.19 EPS. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, equities analysts expect that Littelfuse, Inc. will post 14.86 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a $0.75 dividend. The ex-dividend date was Thursday, May 21st. This represents a $3.00 annualized dividend and a dividend yield of 0.6%. Littelfuse’s payout ratio is currently -177.51%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on LFUS shares. Williams Trading set a $520.00 price target on Littelfuse in a research note on Thursday, May 7th. Oppenheimer raised their price objective on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Robert W. Baird lifted their price objective on shares of Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Finally, Weiss Ratings downgraded Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Littelfuse presently has an average rating of “Moderate Buy” and an average target price of $465.83.

Read Our Latest Stock Report on Littelfuse

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in Littelfuse by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 147,379 shares of the technology company’s stock valued at $38,173,000 after buying an additional 2,013 shares during the last quarter. Horizon Investments LLC purchased a new position in Littelfuse during the 4th quarter worth approximately $617,000. Moody National Bank Trust Division lifted its stake in Littelfuse by 40.6% during the 4th quarter. Moody National Bank Trust Division now owns 9,908 shares of the technology company’s stock valued at $2,506,000 after acquiring an additional 2,862 shares during the period. Teacher Retirement System of Texas lifted its stake in Littelfuse by 16.3% during the 4th quarter. Teacher Retirement System of Texas now owns 29,010 shares of the technology company’s stock valued at $7,337,000 after acquiring an additional 4,065 shares during the period. Finally, Royce & Associates LP boosted its holdings in shares of Littelfuse by 1.6% in the 3rd quarter. Royce & Associates LP now owns 242,135 shares of the technology company’s stock valued at $62,715,000 after acquiring an additional 3,848 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

About Littelfuse

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Littelfuse (NASDAQ:LFUS)

Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter.