Teacher Retirement System of Texas Has $1.29 Million Stock Position in Littelfuse, Inc. $LFUS

Teacher Retirement System of Texas boosted its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 13.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 5,701 shares of the technology company’s stock after buying an additional 678 shares during the period. Teacher Retirement System of Texas’ holdings in Littelfuse were worth $1,293,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in shares of Littelfuse by 1.9% during the 1st 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. Nordea Investment Management AB grew its position in shares of Littelfuse by 39.5% during the 2nd quarter. Nordea Investment Management AB now owns 311,436 shares of the technology company’s stock worth $70,687,000 after purchasing an additional 88,151 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Littelfuse by 0.8% during the 1st 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 acquired a new position in shares of Littelfuse during the 1st quarter worth approximately $3,024,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Littelfuse during the 1st quarter worth approximately $499,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Transactions at Littelfuse

In other news, VP Ryan K. Stafford sold 10,206 shares of the stock in a transaction on Monday, August 25th. The shares were 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 in the company, valued at $8,030,194.18. This represents a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through 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 transaction 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. The trade was a 79.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 25,759 shares of company stock worth $6,697,362 over the last three months. 2.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on LFUS. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Robert W. Baird raised shares of Littelfuse from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $290.00 to $310.00 in a report on Friday, October 10th. Baird R W raised shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Littelfuse in a report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $292.50.

Littelfuse Trading Up 1.5%

Shares of NASDAQ LFUS opened at $244.90 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.00. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $275.00. The firm has a 50 day moving average price of $259.85 and a two-hundred day moving average price of $236.24. The stock has a market cap of $6.10 billion, a P/E ratio of 46.65, a price-to-earnings-growth ratio of 2.04 and a beta of 1.50.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results 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 firm had revenue of $624.64 million during the quarter, compared to analysts’ expectations of $623.70 million. During the same period in the prior year, the company posted $2.71 EPS. The company’s revenue was up 10.2% on a year-over-year basis. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, equities analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

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

Littelfuse Company 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.