Invesco Ltd. reduced its stake in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 67.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,424 shares of the technology company’s stock after selling 94,472 shares during the period. Invesco Ltd. owned 0.19% of Littelfuse worth $9,133,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of Littelfuse by 5.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 442,554 shares of the technology company’s stock valued at $104,287,000 after purchasing an additional 22,287 shares during the period. Westwood Holdings Group Inc. increased its stake in shares of Littelfuse by 2.8% in the first quarter. Westwood Holdings Group Inc. now owns 357,157 shares of the technology company’s stock valued at $70,267,000 after purchasing an additional 9,793 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Littelfuse by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company’s stock valued at $61,953,000 after purchasing an additional 2,362 shares during the period. Northern Trust Corp increased its stake in shares of Littelfuse by 15.0% in the fourth quarter. Northern Trust Corp now owns 236,960 shares of the technology company’s stock valued at $55,840,000 after purchasing an additional 30,855 shares during the period. Finally, Vulcan Value Partners LLC increased its stake in shares of Littelfuse by 13.7% in the first quarter. Vulcan Value Partners LLC now owns 227,555 shares of the technology company’s stock valued at $44,769,000 after purchasing an additional 27,462 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have commented on LFUS. Robert W. Baird raised their price target on shares of Littelfuse from $182.00 to $194.00 and gave the company a “neutral” rating in a research note on Thursday, May 1st. Benchmark restated a “hold” rating on shares of Littelfuse in a research note on Wednesday, May 28th. Oppenheimer dropped their price target on shares of Littelfuse from $310.00 to $275.00 and set an “outperform” rating on the stock in a research note on Thursday, May 1st. Finally, Wall Street Zen lowered shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Littelfuse currently has a consensus rating of “Hold” and a consensus price target of $234.50.
Littelfuse Stock Up 5.1%
LFUS opened at $262.94 on Monday. The stock’s fifty day moving average is $238.15 and its 200-day moving average is $216.33. The company has a market capitalization of $6.52 billion, a PE ratio of 54.78, a P/E/G ratio of 2.26 and a beta of 1.41. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.56.
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.50. The company had revenue of $613.41 million for the quarter, compared to analysts’ expectations of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business’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 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, equities analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.
Littelfuse Increases Dividend
The firm 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. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. This is an increase from Littelfuse’s previous quarterly dividend of $0.70. Littelfuse’s dividend payout ratio is presently 62.50%.
Insider Activity
In other news, Director T J. Chung sold 2,343 shares of Littelfuse stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $246.11, for a total value of $576,635.73. Following the transaction, the director owned 18,730 shares of the company’s stock, valued at $4,609,640.30. The trade was a 11.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 2.50% of the stock is owned by corporate insiders.
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.
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