Rep. Jefferson Shreve Purchases Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Representative Jefferson Shreve (R-Indiana) recently bought shares of Littelfuse, Inc. (NASDAQ:LFUS). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Littelfuse stock on April 17th.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Littelfuse Stock Up 0.4 %

Shares of LFUS stock opened at $197.57 on Friday. The business’s fifty day moving average is $186.43 and its 200-day moving average is $222.68. Littelfuse, Inc. has a 1 year low of $142.10 and a 1 year high of $275.58. The stock has a market cap of $4.88 billion, a PE ratio of 43.90, a price-to-earnings-growth ratio of 2.24 and a beta of 1.38. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Tuesday, April 29th. The technology company reported $2.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $0.37. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. The firm had revenue of $554.31 million for the quarter, compared to analysts’ expectations of $537.60 million. During the same quarter last year, the business posted $1.76 EPS. Littelfuse’s revenue was up 3.5% on a year-over-year basis. Equities analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $2.80 annualized dividend and a yield of 1.42%. Littelfuse’s payout ratio is 64.81%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on LFUS. Robert W. Baird upped their price target on shares of Littelfuse from $182.00 to $194.00 and gave the stock a “neutral” rating in a research note on Thursday, May 1st. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a research report on Wednesday, April 30th. StockNews.com raised shares of Littelfuse from a “hold” rating to a “buy” rating in a research report on Tuesday, May 6th. Oppenheimer cut their price target on shares of Littelfuse from $310.00 to $275.00 and set an “outperform” rating on the stock in a report on Thursday, May 1st. Finally, Baird R W cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Littelfuse currently has an average rating of “Hold” and a consensus price target of $252.25.

Hedge Funds Weigh In On Littelfuse

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Littelfuse by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 2,807,162 shares of the technology company’s stock valued at $661,508,000 after acquiring an additional 40,423 shares during the period. Neuberger Berman Group LLC grew its position in shares of Littelfuse by 1.2% during the 4th quarter. Neuberger Berman Group LLC now owns 1,047,025 shares of the technology company’s stock worth $246,732,000 after buying an additional 11,958 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of Littelfuse by 7.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 763,396 shares of the technology company’s stock worth $179,895,000 after buying an additional 55,835 shares during the last quarter. Norges Bank acquired a new position in Littelfuse in the fourth quarter valued at approximately $131,579,000. Finally, Victory Capital Management Inc. boosted its stake in Littelfuse by 0.4% in the fourth quarter. Victory Capital Management Inc. now owns 513,679 shares of the technology company’s stock valued at $121,048,000 after acquiring an additional 2,056 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Deepak Nayar sold 1,477 shares of the firm’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $197.50, for a total value of $291,707.50. Following the transaction, the senior vice president now directly owns 5,975 shares in the company, valued at $1,180,062.50. This trade represents a 19.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.50% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Littelfuse Company 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.