State of Alaska Department of Revenue Cuts Holdings in Littelfuse, Inc. $LFUS

State of Alaska Department of Revenue trimmed its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,846 shares of the technology company’s stock after selling 130 shares during the period. State of Alaska Department of Revenue’s holdings in Littelfuse were worth $1,551,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LFUS. Alyeska Investment Group L.P. purchased a new stake in Littelfuse during the 1st quarter valued at $43,574,000. Van Lanschot Kempen Investment Management N.V. boosted its stake in Littelfuse by 39.9% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company’s stock valued at $121,628,000 after purchasing an additional 176,243 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Littelfuse by 97.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,208 shares of the technology company’s stock valued at $42,537,000 after buying an additional 106,912 shares during the period. Shellback Capital LP bought a new position in shares of Littelfuse during the 1st quarter valued at $13,907,000. Finally, Nuveen LLC bought a new position in shares of Littelfuse during the 1st quarter valued at $11,619,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Littelfuse Trading Down 0.0%

LFUS opened at $258.98 on Friday. The firm has a market cap of $6.42 billion, a P/E ratio of 53.95, a P/E/G ratio of 2.10 and a beta of 1.45. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $271.81. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $257.39 and a 200 day moving average of $222.83.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS 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 was up 9.8% on a year-over-year basis. During the same quarter last 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 forecast that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

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

Analyst Ratings Changes

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

Insider Buying and Selling

In other Littelfuse news, SVP Alexander Conrad sold 13,210 shares of the firm’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $261.43, for a total value of $3,453,490.30. Following the completion of the sale, the senior vice president owned 3,427 shares of the company’s stock, valued at $895,920.61. This trade represents a 79.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Ryan K. Stafford sold 10,206 shares of the firm’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the completion of the sale, the vice president directly owned 30,727 shares of the company’s stock, 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. Over the last quarter, insiders sold 25,759 shares of company stock worth $6,697,362. Corporate insiders own 2.50% of the company’s stock.

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.