Yousif Capital Management LLC cut its holdings in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,296 shares of the technology company’s stock after selling 181 shares during the period. Yousif Capital Management LLC’s holdings in Littelfuse were worth $1,881,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its holdings in Littelfuse by 228.2% in the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock worth $25,000 after purchasing an additional 89 shares in the last quarter. AlphaQuest LLC bought a new stake in Littelfuse in the first quarter worth $29,000. Advisors Asset Management Inc. boosted its holdings in Littelfuse by 42.0% during the first quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock valued at $61,000 after acquiring an additional 92 shares during the period. Quarry LP bought a new stake in Littelfuse during the first quarter valued at about $63,000. Finally, Fifth Third Bancorp boosted its holdings in Littelfuse by 30.5% during the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock valued at $64,000 after acquiring an additional 76 shares during the period. 96.14% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, SVP Alexander Conrad sold 13,210 shares of the 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 transaction, the senior vice president owned 3,427 shares of the company’s stock, valued at $895,920.61. This represents a 79.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Ryan K. Stafford sold 10,206 shares of the 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 transaction, the vice president directly owned 30,727 shares of the company’s stock, valued at $8,030,194.18. This trade represents a 24.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,759 shares of company stock valued at $6,697,362 over the last quarter. Corporate insiders own 2.50% of the company’s stock.
Littelfuse Stock Down 0.8%
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.50. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The firm had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. During the same quarter in the prior year, the business posted $1.97 earnings per share. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, research analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Increases Dividend
The firm 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 represents a $3.00 annualized dividend and a yield of 1.1%. This is a boost from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Thursday, August 21st. Littelfuse’s dividend payout ratio (DPR) is currently 62.50%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on LFUS. Robert W. Baird upgraded shares of Littelfuse from a “neutral” rating to an “outperform” rating and upped their price target for the company from $290.00 to $310.00 in a report on Friday, October 10th. Weiss Ratings restated a “hold (c)” rating on shares of Littelfuse in a report on Wednesday, October 8th. Zacks Research cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Finally, Baird R W upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $292.50.
View Our Latest Stock Analysis on LFUS
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.
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