Hsbc Holdings PLC cut its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 69.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,139 shares of the technology company’s stock after selling 2,572 shares during the period. Hsbc Holdings PLC’s holdings in Littelfuse were worth $224,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the business. Ameriprise Financial Inc. boosted its position in Littelfuse by 119.4% in the fourth quarter. Ameriprise Financial Inc. now owns 116,940 shares of the technology company’s stock worth $27,557,000 after purchasing an additional 63,632 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Littelfuse by 21.2% in the fourth quarter. BNP Paribas Financial Markets now owns 3,453 shares of the technology company’s stock worth $814,000 after purchasing an additional 605 shares during the last quarter. Brevan Howard Capital Management LP purchased a new position in Littelfuse in the fourth quarter worth about $403,000. Cetera Investment Advisers boosted its position in Littelfuse by 8.2% in the fourth quarter. Cetera Investment Advisers now owns 2,977 shares of the technology company’s stock worth $702,000 after purchasing an additional 226 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its position in Littelfuse by 47.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 54,535 shares of the technology company’s stock worth $12,851,000 after purchasing an additional 17,444 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages have issued reports on LFUS. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday. Zacks Research raised Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Benchmark reissued a “hold” rating on shares of Littelfuse in a research report on Wednesday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.50.
Littelfuse Stock Up 1.2%
NASDAQ LFUS opened at $262.63 on Friday. The stock’s 50 day moving average is $245.81 and its 200 day moving average is $217.90. The company has a current ratio of 4.06, a quick ratio of 2.98 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 $271.72. The stock has a market cap of $6.51 billion, a PE ratio of 54.71, a P/E/G ratio of 2.10 and a beta of 1.44.
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $0.50. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The company had revenue of $613.41 million for the quarter, compared to analysts’ expectations of $571.04 million. During the same period in the previous year, the firm earned $1.97 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.
Littelfuse Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 21st. This is a positive change from Littelfuse’s previous quarterly dividend of $0.70. Littelfuse’s dividend payout ratio is presently 62.50%.
Insiders Place Their Bets
In other Littelfuse news, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.43, for a total value of $3,453,490.30. Following the sale, the senior vice president owned 3,427 shares of the company’s stock, valued at $895,920.61. The trade was a 79.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.34, for a total value of $2,667,236.04. Following the completion of the sale, the vice president directly owned 30,727 shares in the company, valued at approximately $8,030,194.18. The trade was a 24.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,759 shares of company stock valued at $6,697,362 in the last quarter. 2.50% of the stock is currently owned by insiders.
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.
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