Envestnet Asset Management Inc. Acquires 2,013 Shares of Littelfuse, Inc. $LFUS

Envestnet Asset Management Inc. raised its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 1.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,379 shares of the technology company’s stock after acquiring an additional 2,013 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.59% of Littelfuse worth $38,173,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Neuberger Berman Group LLC increased its position in Littelfuse by 2.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,068,927 shares of the technology company’s stock worth $242,358,000 after purchasing an additional 26,824 shares in the last quarter. Norges Bank acquired a new position in shares of Littelfuse during the second quarter worth $114,721,000. Geode Capital Management LLC lifted its stake in shares of Littelfuse by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 461,098 shares of the technology company’s stock valued at $104,561,000 after acquiring an additional 1,438 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Littelfuse by 23.6% in the 2nd quarter. American Century Companies Inc. now owns 346,527 shares of the technology company’s stock valued at $78,569,000 after acquiring an additional 66,267 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Littelfuse by 39.5% during the 2nd quarter. Nordea Investment Management AB now owns 311,436 shares of the technology company’s stock valued at $70,687,000 after acquiring an additional 88,151 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Littelfuse

In other news, SVP Peter Sung-Jip Kim sold 5,488 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $326.35, for a total transaction of $1,791,008.80. Following the transaction, the senior vice president directly owned 10,175 shares of the company’s stock, valued at $3,320,611.25. This represents a 35.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Maggie Chu sold 2,061 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $326.71, for a total value of $673,349.31. Following the completion of the transaction, the senior vice president owned 6,719 shares in the company, valued at approximately $2,195,164.49. This represents a 23.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 54,792 shares of company stock worth $16,968,518. 2.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on LFUS shares. UBS Group set a $360.00 target price on Littelfuse in a research report on Thursday, January 29th. Robert W. Baird set a $360.00 price objective on shares of Littelfuse in a report on Thursday, January 29th. Oppenheimer set a $380.00 target price on shares of Littelfuse in a report on Thursday, January 29th. Benchmark upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price target for the company in a research report on Thursday, January 29th. Finally, Williams Trading set a $360.00 price target on shares of Littelfuse in a report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Littelfuse has an average rating of “Buy” and a consensus target price of $364.00.

Littelfuse Stock Performance

Shares of LFUS opened at $349.05 on Wednesday. The firm’s fifty day simple moving average is $282.84 and its two-hundred day simple moving average is $264.91. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $352.66. The company has a current ratio of 2.69, a quick ratio of 1.91 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $8.69 billion, a P/E ratio of -120.36, a price-to-earnings-growth ratio of 2.24 and a beta of 1.43.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The company had revenue of $593.93 million for the quarter, compared to the consensus estimate of $583.53 million. During the same period in the previous year, the business earned $2.04 EPS. The firm’s revenue was up 12.2% compared to the same quarter last year. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. As a group, analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 19th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.00 annualized dividend and a yield of 0.9%. Littelfuse’s dividend payout ratio is currently -103.45%.

Littelfuse Company 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.