Legal & General Group Plc Acquires 3,470 Shares of Littelfuse, Inc. $LFUS

Legal & General Group Plc raised its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 7.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,077 shares of the technology company’s stock after acquiring an additional 3,470 shares during the quarter. Legal & General Group Plc’s holdings in Littelfuse were worth $11,127,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of LFUS. Huntington National Bank increased its position in 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 during the last quarter. AlphaQuest LLC bought a new position in shares of Littelfuse in the 1st quarter valued at approximately $29,000. Traub Capital Management LLC acquired a new stake in Littelfuse in the 2nd quarter worth approximately $29,000. Parkside Financial Bank & Trust grew its holdings in Littelfuse by 165.5% during the second quarter. Parkside Financial Bank & Trust now owns 231 shares of the technology company’s stock valued at $52,000 after purchasing an additional 144 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Littelfuse in the second quarter worth $58,000. Institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on LFUS shares. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Littelfuse in a report on Wednesday, October 8th. Baird R W upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Finally, Robert W. Baird upgraded shares of Littelfuse from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $290.00 to $310.00 in a research report on Friday, October 10th. One 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. Based on data from MarketBeat.com, Littelfuse currently has an average rating of “Moderate Buy” and an average target price of $292.50.

Insiders Place Their Bets

In other Littelfuse news, SVP Deepak Nayar sold 2,333 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $255.50, for a total transaction of $596,081.50. Following the sale, the senior vice president directly owned 5,998 shares of the company’s stock, valued at approximately $1,532,489. This represents a 28.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.50% of the company’s stock.

Littelfuse Price Performance

Shares of LFUS stock opened at $256.02 on Monday. The stock’s fifty day simple moving average is $253.92 and its 200 day simple moving average is $243.35. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.00. The firm has a market cap of $6.38 billion, a price-to-earnings ratio of 48.77, a P/E/G ratio of 2.04 and a beta of 1.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.00 and a quick ratio of 2.98.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, October 29th. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $623.70 million. During the same period last year, the business earned $2.71 earnings per share. The business’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. On average, analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th will be given a $0.75 dividend. The ex-dividend date is Thursday, November 20th. This represents a $3.00 dividend on an annualized basis and a yield of 1.2%. Littelfuse’s payout ratio is 57.14%.

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.