24,900 Shares in Littelfuse, Inc. $LFUS Acquired by Chase Investment Counsel Corp
by Danessa Lincoln · The Markets DailyChase Investment Counsel Corp acquired a new stake in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 24,900 shares of the technology company’s stock, valued at approximately $11,337,000. Littelfuse comprises approximately 2.4% of Chase Investment Counsel Corp’s portfolio, making the stock its 17th biggest position. Chase Investment Counsel Corp owned approximately 0.10% of Littelfuse as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of LFUS. Royal Bank of Canada grew its holdings in shares of Littelfuse by 3.6% in the first quarter. Royal Bank of Canada now owns 32,206 shares of the technology company’s stock worth $6,337,000 after purchasing an additional 1,107 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Littelfuse by 42.0% in the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock worth $61,000 after buying an additional 92 shares during the period. AQR Capital Management LLC lifted its holdings in Littelfuse by 93.6% during the 1st quarter. AQR Capital Management LLC now owns 20,073 shares of the technology company’s stock valued at $3,892,000 after buying an additional 9,706 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in Littelfuse by 104.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the technology company’s stock valued at $66,000 after buying an additional 170 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Littelfuse by 652.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 527 shares of the technology company’s stock valued at $119,000 after buying an additional 457 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on LFUS shares. Weiss Ratings upgraded shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Robert W. Baird boosted their price target on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a report on Friday, June 5th. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price objective on shares of Littelfuse in a research note on Monday, May 18th. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Finally, Williams Trading set a $520.00 target price on Littelfuse in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $465.83.
Get Our Latest Stock Report on Littelfuse
Littelfuse Stock Performance
NASDAQ LFUS opened at $457.57 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of -915.12, a price-to-earnings-growth ratio of 2.42 and a beta of 1.49. The company’s 50-day simple moving average is $439.94 and its two-hundred day simple moving average is $401.42. Littelfuse, Inc. has a one year low of $233.36 and a one year high of $500.57.
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its quarterly 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. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The business had revenue of $738.78 million during the quarter, compared to analyst estimates of $703.38 million. During the same quarter in the previous year, the business posted $2.30 EPS. The company’s quarterly revenue was up 20.4% compared to the same quarter last year. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities analysts forecast that Littelfuse, Inc. will post 15.78 EPS for the current fiscal year.
Littelfuse Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. Littelfuse’s payout ratio is presently -600.00%.
Insiders Place Their Bets
In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the 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 sale, the senior vice president owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. This trade represents a 65.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Anthony Grillo sold 3,000 shares of Littelfuse stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total value of $1,355,880.00. Following the completion of the transaction, the director owned 64,928 shares in the company, 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. 1.00% of the stock is owned by corporate 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.
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