Insider Selling: Littelfuse (NASDAQ:LFUS) VP Sells $2,667,236.04 in Stock

Littelfuse, Inc. (NASDAQ:LFUS) VP Ryan Stafford sold 10,206 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the completion of the sale, the vice president owned 30,727 shares of the company’s stock, valued at $8,030,194.18. The trade was a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Littelfuse Price Performance

Shares of NASDAQ LFUS opened at $262.41 on Thursday. The firm’s 50-day moving average price is $240.76 and its 200-day moving average price is $217.17. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $274.50. The firm has a market capitalization of $6.50 billion, a P/E ratio of 54.67, a P/E/G ratio of 2.25 and a beta of 1.41. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30.

Littelfuse (NASDAQ:LFUS) last issued its earnings results 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 company had revenue of $613.41 million during the quarter, compared to the consensus estimate of $571.04 million. During the same period last year, the business posted $1.97 EPS. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Equities research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be issued a dividend of $0.75 per share. 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 1.1%. The ex-dividend date is Thursday, August 21st. Littelfuse’s dividend payout ratio is presently 62.50%.

Hedge Funds Weigh In On Littelfuse

Hedge funds have recently bought and sold shares of the company. Teacher Retirement System of Texas raised its holdings in shares of Littelfuse by 80.5% in the first quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company’s stock valued at $988,000 after purchasing an additional 2,240 shares during the last quarter. Millennium Management LLC grew its position in Littelfuse by 806.0% in the 4th quarter. Millennium Management LLC now owns 19,253 shares of the technology company’s stock worth $4,537,000 after purchasing an additional 17,128 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Littelfuse by 1.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company’s stock worth $26,963,000 after purchasing an additional 2,571 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Littelfuse by 0.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company’s stock valued at $61,953,000 after buying an additional 2,362 shares during the last quarter. Finally, Palisade Capital Management LP lifted its position in shares of Littelfuse by 6.5% during the 1st quarter. Palisade Capital Management LP now owns 183,400 shares of the technology company’s stock worth $36,082,000 after buying an additional 11,157 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LFUS. Wall Street Zen cut Littelfuse from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 23rd. Robert W. Baird upped their price objective on shares of Littelfuse from $182.00 to $194.00 and gave the stock a “neutral” rating in a report on Thursday, May 1st. Benchmark reiterated a “hold” rating on shares of Littelfuse in a report on Wednesday, May 28th. Finally, Oppenheimer decreased their target price on shares of Littelfuse from $310.00 to $275.00 and set an “outperform” rating for the company in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Littelfuse presently has an average rating of “Hold” and an average price target of $234.50.

About Littelfuse

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.