Public Employees Retirement System of Ohio Lowers Holdings in Littelfuse, Inc. $LFUS

Public Employees Retirement System of Ohio decreased its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 5.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,965 shares of the technology company’s stock after selling 450 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Littelfuse were worth $1,806,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Teacher Retirement System of Texas boosted its position in 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 in the last quarter. Envestnet Asset Management Inc. boosted its position in 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 purchasing an additional 2,571 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in 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 purchasing an additional 2,362 shares in the last quarter. Advantage Alpha Capital Partners LP purchased a new position in Littelfuse during the first quarter worth approximately $3,024,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Littelfuse during the first quarter worth approximately $499,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insider Transactions at Littelfuse

In other news, Director T J. Chung sold 2,343 shares of the firm’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $246.11, for a total transaction of $576,635.73. Following the completion of the transaction, the director directly owned 18,730 shares in the company, valued at $4,609,640.30. This trade represents a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Alexander Conrad sold 13,210 shares of the firm’s stock in a transaction 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 transaction, the senior vice president owned 3,427 shares of the company’s stock, valued at approximately $895,920.61. This represents a 79.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,759 shares of company stock worth $6,697,362 over the last ninety days. Company insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Littelfuse in a report on Saturday, September 27th. Finally, Zacks Research raised Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Littelfuse presently has an average rating of “Moderate Buy” and an average target price of $234.50.

Littelfuse Trading Down 0.0%

Shares of Littelfuse stock opened at $258.98 on Friday. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 53.95, a PEG ratio of 2.10 and a beta of 1.45. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $271.81. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. The stock has a 50 day moving average of $257.39 and a 200 day moving average of $222.83.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.35 by $0.50. The company had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, research analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.75 per share. This is an increase from Littelfuse’s previous quarterly dividend of $0.70. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, August 21st. Littelfuse’s dividend payout ratio (DPR) is 62.50%.

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.