Synovus Financial Corp grew its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 45.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,274 shares of the technology company’s stock after acquiring an additional 1,953 shares during the period. Synovus Financial Corp’s holdings in Littelfuse were worth $1,625,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of LFUS. Blue Trust Inc. boosted its holdings in Littelfuse by 1,666.7% in the third quarter. Blue Trust Inc. now owns 106 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Huntington National Bank grew its position in shares of Littelfuse by 264.7% during the second quarter. Huntington National Bank now owns 124 shares of the technology company’s stock worth $28,000 after buying an additional 90 shares in the last quarter. Traub Capital Management LLC bought a new stake in shares of Littelfuse in the second quarter worth $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Littelfuse in the third quarter worth $31,000. Finally, Steph & Co. acquired a new stake in Littelfuse in the third quarter valued at $32,000. Institutional investors and hedge funds own 96.14% of the company’s stock.
Insiders Place Their Bets
In related news, Director Anthony Grillo sold 5,000 shares of Littelfuse stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $346.24, for a total value of $1,731,200.00. Following the sale, the director directly owned 69,423 shares in the company, valued at $24,037,019.52. This trade represents a 6.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Maggie Chu sold 2,061 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $326.71, for a total transaction of $673,349.31. Following the completion of the transaction, the senior vice president owned 6,719 shares of the company’s stock, valued at approximately $2,195,164.49. This trade represents a 23.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 60,703 shares of company stock worth $19,034,675. 2.50% of the stock is owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Report on LFUS
Littelfuse Stock Up 1.9%
NASDAQ:LFUS opened at $370.33 on Friday. The company has a current ratio of 2.69, a quick ratio of 1.91 and a debt-to-equity ratio of 0.29. The stock has a 50 day moving average of $298.30 and a 200-day moving average of $270.89. The firm has a market capitalization of $9.22 billion, a PE ratio of -127.70, a price-to-earnings-growth ratio of 2.38 and a beta of 1.43. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $372.00.
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. The business had revenue of $593.93 million during the quarter, compared to analyst estimates of $583.53 million. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.04 EPS. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. Analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 19th will be given a dividend of $0.75 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.00 annualized dividend and a dividend yield of 0.8%. Littelfuse’s dividend payout ratio is currently -103.45%.
About Littelfuse
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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