Nordea Investment Management AB Purchases 88,151 Shares of Littelfuse, Inc. $LFUS

Nordea Investment Management AB raised its position in Littelfuse, Inc. (NASDAQ:LFUS) by 39.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 311,436 shares of the technology company’s stock after buying an additional 88,151 shares during the quarter. Nordea Investment Management AB’s holdings in Littelfuse were worth $70,687,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. lifted its stake in Littelfuse by 1.1% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company’s stock valued at $1,208,000 after acquiring an additional 69 shares in the last quarter. Fifth Third Bancorp lifted its stake in Littelfuse by 30.5% in the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock valued at $64,000 after acquiring an additional 76 shares in the last quarter. Petrus Trust Company LTA lifted its stake in Littelfuse by 4.6% in the 1st quarter. Petrus Trust Company LTA now owns 1,907 shares of the technology company’s stock valued at $375,000 after acquiring an additional 84 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in Littelfuse by 228.2% in the 1st quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock valued at $25,000 after acquiring an additional 89 shares in the last quarter. Finally, FourThought Financial Partners LLC lifted its stake in Littelfuse by 5.1% in the 1st quarter. FourThought Financial Partners LLC now owns 1,896 shares of the technology company’s stock valued at $373,000 after acquiring an additional 92 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Down 0.8%

LFUS stock opened at $264.93 on Friday. 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 firm has a market capitalization of $6.56 billion, a PE ratio of 55.19, a PEG ratio of 2.14 and a beta of 1.45. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $271.81. The business’s 50 day simple moving average is $259.38 and its 200 day simple moving average is $226.56.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, topping analysts’ consensus estimates of $2.35 by $0.50. The business had revenue of $613.41 million for 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 21st. This is a boost from Littelfuse’s previous quarterly dividend of $0.70. Littelfuse’s payout ratio is presently 62.50%.

Insider Buying and Selling

In other Littelfuse news, SVP Alexander Conrad sold 13,210 shares of the company’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 directly owned 3,427 shares of the company’s stock, valued at $895,920.61. This represents a 79.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Ryan K. Stafford sold 10,206 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $261.34, for a total value of $2,667,236.04. Following the completion of the transaction, the vice president directly owned 30,727 shares in the company, valued at approximately $8,030,194.18. This represents a 24.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,759 shares of company stock valued at $6,697,362. 2.50% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have commented on LFUS. Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. Robert W. Baird raised Littelfuse from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $290.00 to $310.00 in a research report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. Baird R W raised Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. One equities research 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. Based on data from MarketBeat, Littelfuse has an average rating of “Moderate Buy” and a consensus price target of $292.50.

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.