Strs Ohio acquired a new position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 33,747 shares of the technology company’s stock, valued at approximately $6,639,000. Strs Ohio owned 0.14% of Littelfuse as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. First Horizon Advisors Inc. increased 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 in the last quarter. AlphaQuest LLC purchased a new position in shares of Littelfuse in the first quarter worth about $29,000. Advisors Asset Management Inc. increased its stake in shares of Littelfuse by 42.0% in the first quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock worth $61,000 after purchasing an additional 92 shares in the last quarter. Quarry LP purchased a new position in shares of Littelfuse in the first quarter worth about $63,000. Finally, Fifth Third Bancorp increased 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 in the last quarter. Institutional investors own 96.14% of the company’s stock.
Insider Activity
In other news, VP Ryan K. Stafford sold 10,206 shares of the company’s stock in a transaction on Monday, August 25th. The shares were 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 owned 30,727 shares of the company’s stock, valued at approximately $8,030,194.18. This represents a 24.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director T J. Chung sold 2,343 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the completion of the sale, the director directly owned 18,730 shares of the company’s stock, valued at $4,609,640.30. This trade represents a 11.12% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,759 shares of company stock valued at $6,697,362. Corporate insiders own 2.50% of the company’s stock.
Littelfuse Trading Down 2.7%
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced 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. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. During the same period in the previous year, the business posted $1.97 earnings per share. Littelfuse’s revenue for the quarter was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.
Littelfuse Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were paid a $0.75 dividend. This is a positive change from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.1%. Littelfuse’s dividend payout ratio is currently 62.50%.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on LFUS shares. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Zacks Research upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 3rd. Finally, Benchmark reiterated a “hold” rating on shares of Littelfuse in a research note on Wednesday, May 28th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $234.50.
View Our Latest Stock Analysis on Littelfuse
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.
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