Boston Trust Walden Corp trimmed its position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 3.2% in the 2nd quarter, Holdings Channel reports. The firm owned 276,626 shares of the technology company’s stock after selling 9,114 shares during the quarter. Boston Trust Walden Corp’s holdings in Littelfuse were worth $62,719,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of LFUS. First Horizon Advisors Inc. boosted its holdings 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 purchasing an additional 89 shares during the period. AlphaQuest LLC purchased a new stake in shares of Littelfuse during the 1st quarter valued at $29,000. Advisors Asset Management Inc. raised its position 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 in the last quarter. Quarry LP purchased a new stake in shares of Littelfuse during the 1st quarter valued at $63,000. Finally, Fifth Third Bancorp raised its position in shares of Littelfuse by 30.5% during the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock valued at $64,000 after buying an additional 76 shares in the last quarter. 96.14% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
LFUS has been the topic of several research reports. Baird R W upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. Robert W. Baird upgraded shares of Littelfuse from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $290.00 to $310.00 in a research report on Friday. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Finally, Zacks Research cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. One 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $292.50.
Littelfuse Price Performance
Shares of Littelfuse stock opened at $254.51 on Tuesday. The firm has a market cap of $6.31 billion, a PE ratio of 53.02, a price-to-earnings-growth ratio of 2.02 and a beta of 1.45. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $271.81. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. The company’s fifty day simple moving average is $258.18 and its two-hundred day simple moving average is $224.85.
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) 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 net margin of 5.30% and a return on equity of 9.74%. The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, equities analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were issued a $0.75 dividend. This is a boost from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $3.00 dividend on an annualized basis and a yield of 1.2%. Littelfuse’s payout ratio is 62.50%.
Insiders Place Their Bets
In other Littelfuse news, VP Ryan K. Stafford sold 10,206 shares of the firm’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 sale, the vice president 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alexander Conrad sold 13,210 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the completion of the sale, the senior vice president directly owned 3,427 shares in the company, valued at approximately $895,920.61. This trade represents a 79.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,759 shares of company stock valued at $6,697,362 in the last quarter. Insiders own 2.50% of the company’s stock.
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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