Advantage Alpha Capital Partners LP Buys Shares of 15,369 Littelfuse, Inc. $LFUS

Key Points

• Advantage Alpha Capital Partners LP purchased 15,369 shares of Littelfuse, Inc. valued at approximately $3,024,000, increasing its stake to 0.06% of the company.
• Multiple institutional investors, including T. Rowe Price and Van Lanschot Kempen, have increased their holdings in Littelfuse, which is now predominantly owned by institutional investors at 96.14%.
• Littelfuse reported strong quarterly earnings with an EPS of $2.85, surpassing estimates, and has announced a quarterly dividend increase to $0.75 per share.

Advantage Alpha Capital Partners LP bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,369 shares of the technology company's stock, valued at approximately $3,024,000. Advantage Alpha Capital Partners LP owned 0.06% of Littelfuse as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. raised its position in Littelfuse by 7.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 763,396 shares of the technology company's stock valued at $179,895,000 after purchasing an additional 55,835 shares during the period. Van Lanschot Kempen Investment Management N.V. raised its position in Littelfuse by 39.9% in the first 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 purchasing an additional 176,243 shares during the period. Dimensional Fund Advisors LP raised its position in Littelfuse by 5.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 442,554 shares of the technology company's stock valued at $104,287,000 after purchasing an additional 22,287 shares during the period. Westwood Holdings Group Inc. raised its position in Littelfuse by 2.8% in the first quarter. Westwood Holdings Group Inc. now owns 357,157 shares of the technology company's stock valued at $70,267,000 after purchasing an additional 9,793 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Littelfuse by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company's stock valued at $61,953,000 after purchasing an additional 2,362 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on LFUS. Benchmark restated a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. Robert W. Baird boosted their price objective on Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. Oppenheimer cut their price objective on Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Finally, Wall Street Zen upgraded Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $234.50.

Littelfuse Trading Up 0.3%

LFUS opened at $250.11 on Friday. The business has a fifty day moving average price of $237.22 and a 200 day moving average price of $216.35. The stock has a market capitalization of $6.20 billion, a price-to-earnings ratio of 52.11, a PEG ratio of 2.14 and a beta of 1.41. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.56. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.06 and a quick ratio of 2.98.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.50. The business had revenue of $613.41 million during the quarter, compared to analysts' expectations of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The business's quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Sell-side analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. This is an increase from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's payout ratio is currently 58.33%.

Insider Activity

In other news, Director T J. Chung sold 2,343 shares of the company's stock in a transaction dated Monday, August 11th. The stock was 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.50% of the company's stock.

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.

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