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

Bessemer Group Inc. increased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 24.6% in the second quarter, HoldingsChannel reports. The firm 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 reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in LFUS. First Horizon Advisors Inc. lifted its stake in shares of 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 purchasing an additional 89 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Littelfuse in the 1st quarter valued at about $29,000. Advisors Asset Management Inc. raised its holdings in shares of Littelfuse by 42.0% during the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock valued at $61,000 after buying an additional 92 shares during the period. Quarry LP purchased a new stake in shares of Littelfuse during the 1st quarter valued at about $63,000. Finally, Hoese & Co LLP increased its holdings in Littelfuse by 781.3% during the 2nd quarter. Hoese & Co LLP now owns 282 shares of the technology company’s stock worth $64,000 after purchasing an additional 250 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Littelfuse

In other news, Director T J. Chung sold 2,343 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 18,730 shares in the company, valued at $4,609,640.30. This trade represents a 11.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $261.34, for a total value of $2,667,236.04. Following the transaction, the vice president 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 25,759 shares of company stock worth $6,697,362. Insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Robert W. Baird upgraded 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. Baird R W upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $292.50.

Littelfuse Stock Performance

Shares of NASDAQ LFUS opened at $243.31 on Monday. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.00. The company has a market cap of $6.06 billion, a P/E ratio of 46.34, a P/E/G ratio of 2.04 and a beta of 1.45. The business’s 50 day moving average is $260.88 and its two-hundred day moving average is $234.89. The company has a quick ratio of 2.98, a current ratio of 4.00 and a debt-to-equity ratio of 0.30.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.95 EPS for the quarter, beating the consensus estimate of $2.75 by $0.20. Littelfuse had a return on equity of 9.89% and a net margin of 5.66%.The firm 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 firm posted $2.71 EPS. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. On average, equities analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 20th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 20th. Littelfuse’s dividend payout ratio (DPR) is currently 57.14%.

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.