Pallas Capital Advisors LLC Makes New Investment in Littelfuse, Inc. $LFUS

Pallas Capital Advisors LLC acquired a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,231 shares of the technology company’s stock, valued at approximately $506,000.

Other hedge funds also recently made changes to their positions in the company. Teacher Retirement System of Texas grew its holdings in shares of Littelfuse by 80.5% during the first quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company’s stock worth $988,000 after purchasing an additional 2,240 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Littelfuse by 806.0% during the fourth quarter. Millennium Management LLC now owns 19,253 shares of the technology company’s stock worth $4,537,000 after buying an additional 17,128 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Littelfuse by 1.9% during the first quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company’s stock worth $26,963,000 after buying an additional 2,571 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Littelfuse by 0.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company’s stock worth $61,953,000 after buying an additional 2,362 shares during the period. Finally, Advantage Alpha Capital Partners LP acquired a new stake in shares of Littelfuse during the first quarter worth about $3,024,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $262.70 on Friday. 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 1 year low of $142.10 and a 1 year high of $271.81. The firm’s fifty day simple moving average is $251.70 and its 200 day simple moving average is $219.58. The firm has a market capitalization of $6.51 billion, a PE ratio of 54.73, a PEG ratio of 2.13 and a beta of 1.44.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $571.04 million. During the same quarter last year, the company posted $1.97 EPS. The firm’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. On average, sell-side analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. This is a boost from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date was Thursday, August 21st. Littelfuse’s dividend payout ratio is currently 62.50%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LFUS. Benchmark reiterated a “hold” rating on shares of Littelfuse in a research note on Wednesday, May 28th. Zacks Research upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 3rd. Finally, Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $234.50.

Insiders Place Their Bets

In related news, VP Ryan K. Stafford sold 10,206 shares of the firm’s stock in a transaction that occurred 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 transaction, the vice president owned 30,727 shares in the company, valued at $8,030,194.18. This trade represents a 24.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Alexander Conrad sold 13,210 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was 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 of the company’s stock, valued at approximately $895,920.61. The trade was a 79.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,759 shares of company stock worth $6,697,362 over the last ninety days. 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.