State of New Jersey Common Pension Fund D Grows Stock Holdings in Littelfuse, Inc. $LFUS

State of New Jersey Common Pension Fund D increased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 4.5% during the second quarter, Holdings Channel reports. The institutional investor owned 9,047 shares of the technology company’s stock after acquiring an additional 389 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Littelfuse were worth $2,051,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in LFUS. GAMMA Investing LLC boosted its holdings in Littelfuse by 206.4% during the first quarter. GAMMA Investing LLC now owns 576 shares of the technology company’s stock worth $113,000 after buying an additional 388 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in Littelfuse by 228.2% during the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock worth $25,000 after buying an additional 89 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in Littelfuse by 80.5% during the first quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company’s stock worth $988,000 after buying an additional 2,240 shares in the last quarter. Palisade Capital Management LP boosted its holdings in Littelfuse by 6.5% during the first quarter. Palisade Capital Management LP now owns 183,400 shares of the technology company’s stock worth $36,082,000 after buying an additional 11,157 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Littelfuse by 1.9% during the first quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company’s stock worth $26,963,000 after buying an additional 2,571 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insider Activity

In other news, VP Ryan K. Stafford sold 10,206 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the vice president owned 30,727 shares of the company’s stock, valued at $8,030,194.18. The trade was a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director T J. Chung sold 2,343 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the completion of the transaction, the director directly owned 18,730 shares of the company’s stock, valued at approximately $4,609,640.30. This represents a 11.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,759 shares of company stock valued at $6,697,362 over the last 90 days. Insiders own 2.50% of the company’s stock.

Littelfuse Stock Performance

Shares of LFUS opened at $252.47 on Thursday. The company has a 50-day moving average of $261.42 and a two-hundred day moving average of $233.12. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30. The stock has a market cap of $6.26 billion, a P/E ratio of 52.60, a PEG ratio of 2.12 and a beta of 1.45. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $275.00.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, October 29th. The technology company reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.75 by $0.20. The business had revenue of $624.64 million during the quarter, compared to analyst estimates of $623.70 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The company’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.71 earnings per share. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LFUS shares. Robert W. Baird raised shares of Littelfuse from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $290.00 to $310.00 in a report on Friday, October 10th. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Weiss Ratings restated a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. Baird R W upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. 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 equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Littelfuse currently has an average rating of “Moderate Buy” and a consensus target price of $292.50.

Littelfuse Company 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.