Synovus Financial Corp Raises Holdings in Littelfuse, Inc. $LFUS

Synovus Financial Corp lifted its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 45.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,274 shares of the technology company’s stock after purchasing an additional 1,953 shares during the period. Synovus Financial Corp’s holdings in Littelfuse were worth $1,625,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Littelfuse in the second quarter valued at approximately $114,721,000. AQR Capital Management LLC boosted its stake in Littelfuse by 876.1% during the 2nd quarter. AQR Capital Management LLC now owns 195,927 shares of the technology company’s stock worth $44,240,000 after purchasing an additional 175,854 shares during the period. Vanguard Group Inc. grew its position in Littelfuse by 4.4% during the 3rd quarter. Vanguard Group Inc. now owns 2,925,048 shares of the technology company’s stock worth $757,617,000 after purchasing an additional 122,392 shares during the last quarter. American Century Companies Inc. increased its stake in Littelfuse by 23.6% in 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 during the period. Finally, Tributary Capital Management LLC raised its holdings in shares of Littelfuse by 89.7% in the third quarter. Tributary Capital Management LLC now owns 125,070 shares of the technology company’s stock valued at $32,394,000 after buying an additional 59,123 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on LFUS shares. Weiss Ratings cut Littelfuse from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday. Benchmark upgraded Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price target on the stock in a research note on Thursday, January 29th. Williams Trading set a $360.00 target price on shares of Littelfuse in a research report on Thursday, January 29th. Robert W. Baird set a $360.00 price target on Littelfuse in a research report on Thursday, January 29th. Finally, Zacks Research raised Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 29th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $364.00.

Insider Transactions at Littelfuse

In related news, SVP Peter Sung-Jip Kim sold 5,488 shares of Littelfuse stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $326.35, for a total transaction of $1,791,008.80. Following the transaction, the senior vice president owned 10,175 shares in the company, valued at approximately $3,320,611.25. The trade was a 35.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Ryan K. Stafford sold 16,839 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $325.25, for a total value of $5,476,884.75. Following the completion of the sale, the vice president owned 28,591 shares of the company’s stock, valued at approximately $9,299,222.75. This represents a 37.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 60,703 shares of company stock valued at $19,034,675 in the last three months. 2.50% of the stock is owned by company insiders.

Littelfuse Trading Up 1.9%

Shares of LFUS stock opened at $370.33 on Friday. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $372.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.69 and a quick ratio of 1.91. The firm’s 50-day simple moving average is $298.30 and its 200-day simple moving average is $270.89. The firm has a market cap of $9.22 billion, a P/E ratio of -127.70, a PEG ratio of 2.38 and a beta of 1.43.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. The company had revenue of $593.93 million for the quarter, compared to analyst estimates of $583.53 million. Littelfuse had a negative net margin of 3.00% and a positive return on equity of 10.53%. Littelfuse’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $2.04 EPS. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. As a group, equities analysts forecast 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, March 5th. Stockholders of record on Thursday, February 19th will be issued a dividend of $0.75 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.8%. Littelfuse’s payout ratio is presently -103.45%.

Littelfuse Company Profile

Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.

The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.