Littelfuse, Inc. $LFUS Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH cut its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 13.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,566 shares of the technology company’s stock after selling 2,526 shares during the quarter. Allianz Asset Management GmbH owned about 0.07% of Littelfuse worth $4,291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of LFUS. Neuberger Berman Group LLC boosted its stake in Littelfuse by 2.6% during the second quarter. Neuberger Berman Group LLC now owns 1,068,927 shares of the technology company’s stock worth $242,358,000 after buying an additional 26,824 shares during the period. Norges Bank purchased a new stake in shares of Littelfuse in the 2nd quarter valued at approximately $114,721,000. Geode Capital Management LLC lifted its holdings in shares of Littelfuse by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 461,098 shares of the technology company’s stock worth $104,561,000 after acquiring an additional 1,438 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Littelfuse by 23.6% during the 2nd quarter. American Century Companies Inc. now owns 346,527 shares of the technology company’s stock worth $78,569,000 after purchasing an additional 66,267 shares during the period. Finally, Nordea Investment Management AB increased its holdings in Littelfuse by 39.5% in the 2nd quarter. Nordea Investment Management AB now owns 311,436 shares of the technology company’s stock valued at $70,687,000 after purchasing an additional 88,151 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LFUS has been the topic of a number of research reports. UBS Group set a $360.00 price target on Littelfuse in a research note on Thursday, January 29th. Benchmark upgraded Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 target price for the company in a report on Thursday, January 29th. Robert W. Baird set a $360.00 price target on shares of Littelfuse in a research note on Thursday, January 29th. Williams Trading set a $360.00 price target on shares of Littelfuse in a research report on Thursday, January 29th. Finally, Oppenheimer set a $380.00 price objective on shares of Littelfuse in a report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $364.00.

Get Our Latest Stock Analysis on LFUS

Insider Buying and Selling

In related news, VP Ryan K. Stafford sold 16,839 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $325.25, for a total transaction of $5,476,884.75. Following the completion of the sale, the vice president owned 28,591 shares in the company, valued at $9,299,222.75. This represents a 37.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Maggie Chu sold 2,061 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $326.71, for a total transaction of $673,349.31. Following the transaction, the senior vice president directly owned 6,719 shares in the company, valued at $2,195,164.49. The trade was a 23.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,792 shares of company stock valued at $16,968,518 in the last 90 days. Company insiders own 2.50% of the company’s stock.

Littelfuse Trading Up 0.1%

NASDAQ LFUS opened at $349.05 on Wednesday. The firm’s fifty day moving average price is $282.84 and its 200 day moving average price is $264.91. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $352.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.69 and a quick ratio of 1.91. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of -120.36, a price-to-earnings-growth ratio of 2.24 and a beta of 1.43.

Littelfuse (NASDAQ:LFUSGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. The firm had revenue of $593.93 million during the quarter, compared to analysts’ expectations of $583.53 million. Littelfuse had a negative net margin of 3.00% and a positive return on equity of 10.53%. Littelfuse’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.04 earnings per share. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. On average, sell-side analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.00 annualized dividend and a yield of 0.9%. Littelfuse’s payout ratio is -103.45%.

Littelfuse Profile

(Free Report)

Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.

The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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