Confluence Investment Management LLC Cuts Position in Littelfuse, Inc. $LFUS

by · The Markets Daily

Confluence Investment Management LLC trimmed its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 43.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,812 shares of the technology company’s stock after selling 2,179 shares during the quarter. Confluence Investment Management LLC’s holdings in Littelfuse were worth $1,280,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC increased its position in shares of Littelfuse by 6.0% during the 1st quarter. Parallel Advisors LLC now owns 597 shares of the technology company’s stock valued at $203,000 after purchasing an additional 34 shares during the last quarter. Logan Capital Management Inc. grew its position in Littelfuse by 0.3% during the fourth quarter. Logan Capital Management Inc. now owns 11,543 shares of the technology company’s stock valued at $2,920,000 after buying an additional 38 shares during the period. Glenmede Investment Management LP increased its holdings in Littelfuse by 1.5% during the third quarter. Glenmede Investment Management LP now owns 2,845 shares of the technology company’s stock worth $737,000 after buying an additional 43 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in Littelfuse by 0.8% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company’s stock worth $1,409,000 after acquiring an additional 46 shares during the period. Finally, Larson Financial Group LLC boosted its stake in Littelfuse by 50.9% in the third quarter. Larson Financial Group LLC now owns 160 shares of the technology company’s stock valued at $41,000 after acquiring an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on LFUS. Williams Trading set a $520.00 price target on shares of Littelfuse in a report on Thursday, May 7th. Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings upgraded Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Wall Street Zen raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Finally, Robert W. Baird increased their target price on shares of Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $465.83.

Read Our Latest Research Report on LFUS

Insider Activity at Littelfuse

In other news, SVP Maggie Chu sold 11,397 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the completion of the transaction, the senior vice president directly owned 6,001 shares in the company, valued at $2,613,315.48. The trade was a 65.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of 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 position. The SEC filing for this sale provides additional information. Corporate insiders own 1.00% of the company’s stock.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $466.46 on Wednesday. The business’s fifty day moving average is $442.68 and its 200 day moving average is $392.30. The firm has a market cap of $11.85 billion, a price-to-earnings ratio of -932.90, a PEG ratio of 2.35 and a beta of 1.49. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. Littelfuse, Inc. has a 52-week low of $233.36 and a 52-week high of $500.57.

Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.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 firm earned $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. 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 will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.80 per share. This is a boost from Littelfuse’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.20 dividend on an annualized basis and a yield of 0.7%. Littelfuse’s payout ratio is currently -600.00%.

Littelfuse Company Profile

(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.

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