Littelfuse, Inc. $LFUS Stake Cut by Earnest Partners LLC

Earnest Partners LLC lessened its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 405,483 shares of the technology company’s stock after selling 21,745 shares during the quarter. Earnest Partners LLC owned approximately 1.63% of Littelfuse worth $105,024,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in LFUS. Blue Trust Inc. increased its stake in Littelfuse by 1,666.7% in the 3rd quarter. Blue Trust Inc. now owns 106 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares during the period. Traub Capital Management LLC acquired a new stake in shares of Littelfuse during the 2nd quarter valued at $29,000. Cullen Frost Bankers Inc. purchased a new position in shares of Littelfuse during the 3rd quarter valued at $31,000. Steph & Co. acquired a new position in shares of Littelfuse in the third quarter worth $32,000. Finally, Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of Littelfuse during the 2nd quarter worth about $33,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Trading Up 0.1%

Shares of NASDAQ:LFUS opened at $326.18 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.91 and a current ratio of 2.69. The stock’s 50-day moving average is $323.49 and its 200-day moving average is $280.00. The company has a market cap of $8.19 billion, a P/E ratio of -112.48, a P/E/G ratio of 2.09 and a beta of 1.41. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $380.00.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.51 by $0.18. The business had revenue of $593.93 million during the quarter, compared to analysts’ expectations of $583.53 million. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.04 EPS. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. Equities research analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Thursday, February 19th were given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, February 19th. Littelfuse’s dividend payout ratio (DPR) is -103.45%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LFUS. Wall Street Zen downgraded Littelfuse from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Oppenheimer set a $380.00 price target on shares of Littelfuse in a report on Thursday, January 29th. Robert W. Baird set a $360.00 price objective on shares of Littelfuse in a research note on Thursday, January 29th. Benchmark raised shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 target price on the stock in a research report on Thursday, January 29th. Finally, Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $364.00.

View Our Latest Research Report on LFUS

Insider Activity

In other news, CAO Jeffrey G. Gorski sold 2,500 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $346.89, for a total transaction of $867,225.00. Following the completion of the transaction, the chief accounting officer directly owned 6,433 shares of the company’s stock, valued at approximately $2,231,543.37. This trade represents a 27.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kristina A. Cerniglia sold 2,343 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $368.38, for a total transaction of $863,114.34. Following the transaction, the director owned 4,255 shares of the company’s stock, valued at approximately $1,567,456.90. This represents a 35.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 49,012 shares of company stock valued at $16,227,764. 2.50% of the stock is owned by insiders.

About Littelfuse

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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