Police & Firemen s Retirement System of New Jersey Grows Position in Littelfuse, Inc. $LFUS

Police & Firemen s Retirement System of New Jersey raised its stake in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 4.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,382 shares of the technology company’s stock after purchasing an additional 383 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Littelfuse were worth $2,127,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Petrus Trust Company LTA increased its position in shares of Littelfuse by 4.6% in the 1st quarter. Petrus Trust Company LTA now owns 1,907 shares of the technology company’s stock valued at $375,000 after acquiring an additional 84 shares during the period. Fifth Third Bancorp grew its stake in Littelfuse by 27.4% during the 2nd quarter. Fifth Third Bancorp now owns 414 shares of the technology company’s stock valued at $94,000 after purchasing an additional 89 shares during the last quarter. Huntington National Bank increased its holdings in shares of Littelfuse by 264.7% in the second quarter. Huntington National Bank now owns 124 shares of the technology company’s stock valued at $28,000 after purchasing an additional 90 shares during the period. FourThought Financial Partners LLC lifted its holdings in shares of Littelfuse by 5.1% during the first quarter. FourThought Financial Partners LLC now owns 1,896 shares of the technology company’s stock worth $373,000 after purchasing an additional 92 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in Littelfuse by 42.0% in the first quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock valued at $61,000 after buying an additional 92 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Trading Up 1.5%

Shares of Littelfuse stock opened at $239.93 on Thursday. The firm has a 50-day simple moving average of $256.04 and a two-hundred day simple moving average of $240.83. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.00. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $275.00. The company has a market cap of $5.97 billion, a P/E ratio of 45.70, a price-to-earnings-growth ratio of 2.04 and a beta of 1.50.

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

Littelfuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th will be given a $0.75 dividend. The ex-dividend date is Thursday, November 20th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.3%. Littelfuse’s payout ratio is 57.14%.

Insider Activity at Littelfuse

In other news, VP Ryan K. Stafford sold 10,206 shares of the stock in a transaction that occurred 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 transaction, the vice president owned 30,727 shares in the company, valued at $8,030,194.18. This trade represents a 24.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Alexander Conrad sold 13,210 shares of the business’s stock in a transaction on 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 completion of the sale, the senior vice president directly owned 3,427 shares of the company’s stock, valued at approximately $895,920.61. The trade was a 79.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Get Our Latest Analysis on LFUS

About Littelfuse

(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.

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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