GHP Investment Advisors Inc. Sells 4,101 Shares of Littelfuse, Inc. $LFUS

GHP Investment Advisors Inc. reduced its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 10.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,501 shares of the technology company’s stock after selling 4,101 shares during the quarter. GHP Investment Advisors Inc. owned approximately 0.14% of Littelfuse worth $7,596,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in LFUS. First Horizon Advisors Inc. grew its stake in shares of Littelfuse by 228.2% during the 1st quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock worth $25,000 after acquiring an additional 89 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Littelfuse in the first quarter valued at $29,000. Advisors Asset Management Inc. grew its stake in shares of Littelfuse by 42.0% in the first 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 in the last quarter. Quarry LP bought a new position in shares of Littelfuse in the first quarter valued at $63,000. Finally, Hoese & Co LLP grew its stake in shares of Littelfuse by 781.3% in the second quarter. Hoese & Co LLP now owns 282 shares of the technology company’s stock valued at $64,000 after buying an additional 250 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on Littelfuse

Insider Transactions at Littelfuse

In other news, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction on 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 sale, the vice president owned 30,727 shares of the company’s stock, valued at approximately $8,030,194.18. This trade represents a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Alexander Conrad sold 13,210 shares of Littelfuse 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 sale, 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 25,759 shares of company stock valued at $6,697,362. 2.50% of the stock is currently owned by corporate insiders.

Littelfuse Trading Up 0.2%

LFUS stock opened at $243.31 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.00 and a quick ratio of 2.98. The company has a fifty day moving average price of $260.88 and a two-hundred day moving average price of $234.32. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.00. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 46.34, a price-to-earnings-growth ratio of 2.04 and a beta of 1.45.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its earnings results on Wednesday, October 29th. The technology company reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.75 by $0.20. Littelfuse had a return on equity of 9.89% and a net margin of 5.66%.The company had revenue of $624.64 million during the quarter, compared to the consensus estimate of $623.70 million. During the same quarter last year, the firm earned $2.71 earnings per share. The company’s revenue was up 10.2% on a year-over-year basis. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. Equities analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.2%. Littelfuse’s dividend payout ratio (DPR) is currently 62.50%.

About Littelfuse

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter.