Bessemer Group Inc. Boosts Stock Holdings in Littelfuse, Inc. $LFUS

Bessemer Group Inc. increased its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 24.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 1,797 shares of the technology company’s stock after buying an additional 355 shares during the quarter. Bessemer Group Inc.’s holdings in Littelfuse were worth $407,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LFUS. Envestnet Asset Management Inc. increased its position in shares of Littelfuse by 6.1% in the second quarter. Envestnet Asset Management Inc. now owns 145,366 shares of the technology company’s stock worth $32,959,000 after purchasing an additional 8,319 shares during the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of Littelfuse by 4.5% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 9,047 shares of the technology company’s stock worth $2,051,000 after acquiring an additional 389 shares during the period. AlphaQuest LLC boosted its holdings in shares of Littelfuse by 1,950.7% during the 2nd quarter. AlphaQuest LLC now owns 2,994 shares of the technology company’s stock valued at $679,000 after buying an additional 2,848 shares in the last quarter. Tributary Capital Management LLC boosted its holdings in shares of Littelfuse by 1,026.0% during the 2nd quarter. Tributary Capital Management LLC now owns 65,947 shares of the technology company’s stock valued at $14,952,000 after buying an additional 60,090 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC raised its position in shares of Littelfuse by 44.7% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 2,589 shares of the technology company’s stock worth $587,000 after purchasing an additional 800 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Trading Up 0.2%

Shares of NASDAQ:LFUS opened at $243.31 on Monday. Littelfuse, Inc. has a 1 year low of $142.10 and a 1 year high of $275.00. The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 46.34, a price-to-earnings-growth ratio of 2.04 and a beta of 1.45. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.00 and a quick ratio of 2.98. The business’s 50 day moving average price is $260.88 and its 200-day moving average price is $234.89.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Wednesday, October 29th. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $0.20. Littelfuse had a net margin of 5.66% and a return on equity of 9.89%. The company had revenue of $624.64 million during the quarter, compared to analysts’ expectations of $623.70 million. During the same quarter in the prior year, the company earned $2.71 EPS. Littelfuse’s revenue was up 10.2% compared to the same quarter last year. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. On average, equities research analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 20th. Littelfuse’s payout ratio is currently 57.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on LFUS shares. Benchmark reissued a “hold” rating on shares of Littelfuse in a research report on Thursday. Baird R W upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Robert W. Baird raised shares of Littelfuse from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $290.00 to $310.00 in a research note on Friday, October 10th. Finally, Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $292.50.

Insider Buying and Selling at Littelfuse

In related news, Director T J. Chung sold 2,343 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $246.11, for a total value of $576,635.73. Following the completion of the transaction, the director directly owned 18,730 shares of the company’s stock, valued at $4,609,640.30. This represents a 11.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Ryan K. Stafford sold 10,206 shares of the stock in a transaction on 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 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,759 shares of company stock valued at $6,697,362 in the last three months. 2.50% of the stock is owned by corporate insiders.

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.