BNP PARIBAS ASSET MANAGEMENT Holding S.A. Makes New Investment in Littelfuse, Inc. $LFUS

BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 254 shares of the technology company’s stock, valued at approximately $58,000.

A number of other hedge funds also recently bought and sold shares of LFUS. First Horizon Advisors Inc. lifted its holdings in Littelfuse by 228.2% during the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock worth $25,000 after buying an additional 89 shares during the period. Teacher Retirement System of Texas lifted its holdings in Littelfuse by 80.5% during the first quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company’s stock worth $988,000 after buying an additional 2,240 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Littelfuse by 1.9% during the first quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company’s stock worth $26,963,000 after buying an additional 2,571 shares during the period. MainStreet Investment Advisors LLC lifted its holdings in Littelfuse by 34.0% during the first quarter. MainStreet Investment Advisors LLC now owns 1,398 shares of the technology company’s stock worth $275,000 after buying an additional 355 shares during the period. Finally, Alps Advisors Inc. lifted its holdings in Littelfuse by 7.8% during the first quarter. Alps Advisors Inc. now owns 51,613 shares of the technology company’s stock worth $10,154,000 after buying an additional 3,721 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Price Performance

NASDAQ:LFUS opened at $244.90 on Thursday. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.00. The firm has a market cap of $6.10 billion, a price-to-earnings ratio of 46.65, a PEG ratio of 2.04 and a beta of 1.50. The firm’s fifty day moving average is $259.85 and its two-hundred day moving average is $236.24.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.75 by $0.20. Littelfuse had a net margin of 5.66% and a return on equity of 9.89%. The company had revenue of $624.64 million for the quarter, compared to analyst estimates of $623.70 million. During the same period in the prior year, the company earned $2.71 earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. Research analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 20th. Littelfuse’s dividend payout ratio is presently 57.14%.

Insider Transactions at Littelfuse

In other news, Director T J. Chung sold 2,343 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the sale, the director directly owned 18,730 shares of the company’s stock, valued at $4,609,640.30. This represents a 11.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Alexander Conrad sold 13,210 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the sale, the senior vice president directly owned 3,427 shares in the company, valued at approximately $895,920.61. The trade was a 79.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,759 shares of company stock valued at $6,697,362 in the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LFUS. Robert W. Baird upgraded Littelfuse from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $290.00 to $310.00 in a report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Baird R W raised Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Littelfuse currently has a consensus rating of “Moderate Buy” and a consensus price target of $292.50.

View Our Latest Stock Analysis on Littelfuse

Littelfuse Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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