Allspring Global Investments Holdings LLC Lowers Stock Position in Littelfuse, Inc. $LFUS

Allspring Global Investments Holdings LLC cut its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 29.1% during the first quarter, Holdings Channel.com reports. The firm owned 36,862 shares of the technology company’s stock after selling 15,153 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Littelfuse were worth $12,737,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Logan Capital Management Inc. increased its holdings in shares of Littelfuse by 0.3% in the 4th quarter. Logan Capital Management Inc. now owns 11,543 shares of the technology company’s stock valued at $2,920,000 after acquiring an additional 38 shares during the period. Parallel Advisors LLC boosted its position in Littelfuse by 7.6% during the fourth quarter. Parallel Advisors LLC now owns 563 shares of the technology company’s stock valued at $142,000 after purchasing an additional 40 shares in the last quarter. Glenmede Investment Management LP grew its stake in Littelfuse by 1.5% in the third quarter. Glenmede Investment Management LP now owns 2,845 shares of the technology company’s stock valued at $737,000 after purchasing an additional 43 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Littelfuse by 0.8% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 5,571 shares of the technology company’s stock valued at $1,409,000 after buying an additional 46 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Littelfuse by 5.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 866 shares of the technology company’s stock valued at $219,000 after acquiring an additional 47 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Maggie Chu sold 11,397 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total value of $4,963,165.56. Following the sale, the senior vice president directly owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. This represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anthony Grillo sold 3,000 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $451.96, for a total value of $1,355,880.00. Following the sale, the director directly 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. In the last three months, insiders have sold 15,494 shares of company stock valued at $6,750,834. 1.00% of the stock is currently owned by corporate insiders.

Littelfuse Price Performance

Shares of NASDAQ LFUS opened at $414.53 on Wednesday. Littelfuse, Inc. has a 52 week low of $226.18 and a 52 week high of $500.57. The business’s 50 day moving average price is $448.66 and its 200 day moving average price is $381.65. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21. The firm has a market cap of $10.48 billion, a P/E ratio of -245.28, a P/E/G ratio of 2.25 and a beta of 1.49.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.48. Littelfuse had a negative net margin of 1.61% and a positive return on equity of 11.62%. The company had revenue of $656.97 million during the quarter, compared to analyst estimates of $638.98 million. During the same period last year, the firm posted $2.19 EPS. Littelfuse’s revenue for the quarter was up 18.5% compared to the same quarter last year. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, sell-side analysts expect that Littelfuse, Inc. will post 14.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LFUS. Robert W. Baird upped their price target on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Oppenheimer raised their price objective on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Williams Trading set a $520.00 target price on Littelfuse in a research note on Thursday, May 7th. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Finally, Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Littelfuse currently has an average rating of “Moderate Buy” and a consensus price target of $465.83.

View Our Latest Analysis on Littelfuse

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.

See Also

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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