Maryland State Retirement & Pension System Sells 253 Shares of Littelfuse, Inc. $LFUS

Maryland State Retirement & Pension System lessened its position in Littelfuse, Inc. (NASDAQ:LFUS) by 18.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,141 shares of the technology company’s stock after selling 253 shares during the period. Maryland State Retirement & Pension System’s holdings in Littelfuse were worth $224,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. grew its stake 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 worth $25,000 after purchasing an additional 89 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Littelfuse by 30.5% in the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock worth $64,000 after buying an additional 76 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of Littelfuse by 105.6% during the first quarter. Parallel Advisors LLC now owns 333 shares of the technology company’s stock valued at $66,000 after buying an additional 171 shares during the period. Global X Japan Co. Ltd. lifted its stake in Littelfuse by 33.5% in the first quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company’s stock worth $68,000 after acquiring an additional 87 shares during the period. Finally, Bayforest Capital Ltd boosted its holdings in Littelfuse by 42.8% in the first quarter. Bayforest Capital Ltd now owns 367 shares of the technology company’s stock valued at $72,000 after acquiring an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Up 0.1%

Shares of Littelfuse stock opened at $252.85 on Wednesday. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month high of $275.56. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. The company’s 50 day moving average is $236.25 and its 200 day moving average is $215.99. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 52.68, a price-to-earnings-growth ratio of 2.17 and a beta of 1.41.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.35 by $0.50. The company had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.Littelfuse’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be paid a $0.75 dividend. This is a positive change from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date is Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. Littelfuse’s dividend payout ratio (DPR) is currently 58.33%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on LFUS shares. Oppenheimer reduced their price target on Littelfuse from $310.00 to $275.00 and set an “outperform” rating on the stock in a research note on Thursday, May 1st. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Benchmark reissued a “hold” rating on shares of Littelfuse in a research note on Wednesday, May 28th. Finally, Robert W. Baird lifted their price target on Littelfuse from $182.00 to $194.00 and gave the stock a “neutral” rating 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 company’s stock. Based on data from MarketBeat, Littelfuse has a consensus rating of “Hold” and an average price target of $234.50.

Insider Buying and Selling

In related news, Director T J. Chung sold 2,343 shares of the firm’s 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 transaction, the director directly owned 18,730 shares of the company’s stock, valued at approximately $4,609,640.30. This trade represents a 11.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.50% of the company’s stock.

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.