HighTower Advisors LLC Sells 91 Shares of Littelfuse, Inc. $LFUS

HighTower Advisors LLC lessened its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 2.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,048 shares of the technology company’s stock after selling 91 shares during the quarter. HighTower Advisors LLC’s holdings in Littelfuse were worth $796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Oppenheimer Asset Management Inc. grew its stake in shares of Littelfuse by 1.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company’s stock worth $1,208,000 after buying an additional 69 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Littelfuse by 30.5% in the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock worth $64,000 after purchasing an additional 76 shares during the last quarter. Snowden Capital Advisors LLC grew its stake in shares of Littelfuse by 0.5% in the fourth quarter. Snowden Capital Advisors LLC now owns 16,413 shares of the technology company’s stock worth $3,868,000 after purchasing an additional 86 shares during the last quarter. Global X Japan Co. Ltd. grew its stake in shares of 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 purchasing an additional 87 shares during the last quarter. Finally, 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. Institutional investors own 96.14% of the company’s stock.

Insider Activity

In other news, Director T J. Chung sold 2,343 shares of the company’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the transaction, the director owned 18,730 shares in the company, valued at approximately $4,609,640.30. This represents a 11.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Alexander Conrad sold 13,210 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the transaction, the senior vice president owned 3,427 shares in the company, valued at $895,920.61. This represents a 79.40% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,759 shares of company stock worth $6,697,362. Company insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Benchmark reissued a “hold” rating on shares of Littelfuse in a research note on Wednesday, May 28th. Oppenheimer reduced their price objective 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. Wall Street Zen cut shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 23rd. Finally, Robert W. Baird boosted their price objective 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. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $234.50.

Littelfuse Price Performance

LFUS stock opened at $262.41 on Thursday. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 54.67, a PEG ratio of 2.25 and a beta of 1.41. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $274.50. The company’s fifty day simple moving average is $240.76 and its 200 day simple moving average is $217.17.

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

Littelfuse Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be issued a $0.75 dividend. The ex-dividend date is Thursday, August 21st. This is a positive change from Littelfuse’s previous quarterly dividend of $0.70. This represents a $3.00 annualized dividend and a yield of 1.1%. Littelfuse’s dividend payout ratio (DPR) is presently 62.50%.

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.