Lecap Asset Management Ltd. purchased a new stake in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,418 shares of the technology company’s stock, valued at approximately $548,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. lifted its holdings in shares of Littelfuse by 228.2% in the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock valued at $25,000 after purchasing an additional 89 shares in the last quarter. AlphaQuest LLC bought a new position in Littelfuse during the 1st quarter valued at $29,000. Advisors Asset Management Inc. boosted its holdings in Littelfuse by 42.0% during the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock worth $61,000 after acquiring an additional 92 shares during the last quarter. Quarry LP bought a new stake in shares of Littelfuse in the 1st quarter worth $63,000. Finally, Fifth Third Bancorp raised its holdings in shares of Littelfuse by 30.5% in the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock valued at $64,000 after purchasing an additional 76 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
LFUS has been the topic of several analyst reports. Zacks Research upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 3rd. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $234.50.
Insider Activity
In related news, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $261.34, for a total value of $2,667,236.04. Following the completion of the transaction, the vice president directly owned 30,727 shares in the company, valued at approximately $8,030,194.18. The trade was a 24.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director T J. Chung sold 2,343 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $246.11, for a total value of $576,635.73. Following the sale, the director owned 18,730 shares in the company, valued at approximately $4,609,640.30. This represents a 11.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,759 shares of company stock valued at $6,697,362 over the last quarter. Company insiders own 2.50% of the company’s stock.
Littelfuse Stock Up 0.4%
Littelfuse stock opened at $259.04 on Friday. The firm has a 50 day moving average price of $256.82 and a 200-day moving average price of $222.49. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month high of $271.81. The company has a market capitalization of $6.42 billion, a P/E ratio of 53.97, a P/E/G ratio of 2.09 and a beta of 1.45.
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, beating the consensus estimate of $2.35 by $0.50. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The business had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. During the same quarter in the prior year, the business earned $1.97 earnings per share. Littelfuse’s revenue for the quarter was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, equities analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were paid a $0.75 dividend. The ex-dividend date was Thursday, August 21st. This is a positive change from Littelfuse’s previous quarterly dividend of $0.70. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. Littelfuse’s dividend payout ratio is 62.50%.
Littelfuse Profile
Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.
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