Squarepoint Ops LLC lifted its holdings in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 364.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,169 shares of the technology company’s stock after purchasing an additional 21,325 shares during the period. Squarepoint Ops LLC owned about 0.11% of Littelfuse worth $6,160,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LFUS. Neuberger Berman Group LLC lifted its position in Littelfuse by 2.6% during the second quarter. Neuberger Berman Group LLC now owns 1,068,927 shares of the technology company’s stock valued at $242,358,000 after purchasing an additional 26,824 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its stake in shares of Littelfuse by 39.9% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company’s stock valued at $121,628,000 after acquiring an additional 176,243 shares during the period. Norges Bank purchased a new stake in Littelfuse in the 2nd quarter worth approximately $114,721,000. Geode Capital Management LLC raised its stake in Littelfuse by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 461,098 shares of the technology company’s stock worth $104,561,000 after acquiring an additional 1,438 shares during the period. Finally, American Century Companies Inc. lifted its holdings in Littelfuse by 23.6% during the second quarter. American Century Companies Inc. now owns 346,527 shares of the technology company’s stock valued at $78,569,000 after purchasing an additional 66,267 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on LFUS. Wall Street Zen cut shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. Benchmark reiterated a “hold” rating on shares of Littelfuse in a research note on Thursday, October 30th. Robert W. Baird raised Littelfuse from a “neutral” rating to an “outperform” rating and raised their price target for the company from $290.00 to $310.00 in a report on Friday, October 10th. Baird R W raised Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. 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.
Insider Buying and Selling at Littelfuse
In other news, SVP Deepak Nayar sold 4,454 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $259.07, for a total value of $1,153,897.78. Following the sale, the senior vice president directly owned 6,009 shares in the company, valued at $1,556,751.63. The trade was a 42.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 9,823 shares of company stock valued at $2,536,668. Insiders own 2.50% of the company’s stock.
Littelfuse Stock Performance
NASDAQ LFUS opened at $262.26 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.00 and a quick ratio of 3.05. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.00. The business has a 50 day simple moving average of $253.98 and a two-hundred day simple moving average of $246.75. The stock has a market capitalization of $6.53 billion, a PE ratio of 49.95, a P/E/G ratio of 2.08 and a beta of 1.43.
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its earnings results on Wednesday, October 29th. The technology company reported $2.95 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 firm had revenue of $624.64 million during the quarter, compared to the consensus estimate of $623.70 million. During the same period in the prior year, the company earned $2.71 EPS. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. On average, research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.
Littelfuse Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, November 20th. Littelfuse’s dividend payout ratio (DPR) is presently 57.14%.
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.
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