American Century Companies Inc. Raises Holdings in Littelfuse, Inc. $LFUS

Key Points

• American Century Companies Inc. increased its stake in Littelfuse, Inc. by 11.7%, acquiring an additional 29,435 shares during the 1st quarter, bringing its total ownership to approximately 1.13% valued at $55.1 million.
• Littelfuse reported strong Q2 earnings with an EPS of $2.85, exceeding analysts' estimates, and a revenue of $613.41 million, up 9.8% year-over-year.
• The company has recently declared a $0.75 quarterly dividend, an increase from its previous $0.70, resulting in an annualized dividend yield of 1.2%.

American Century Companies Inc. boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 11.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 280,260 shares of the technology company's stock after purchasing an additional 29,435 shares during the quarter. American Century Companies Inc. owned approximately 1.13% of Littelfuse worth $55,139,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of LFUS. Oppenheimer Asset Management Inc. increased its holdings in shares of Littelfuse by 1.1% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company's stock valued at $1,208,000 after acquiring an additional 69 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Littelfuse by 30.5% in the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock valued at $64,000 after acquiring an additional 76 shares during the last quarter. Snowden Capital Advisors LLC increased its holdings in shares of Littelfuse by 0.5% in the 4th quarter. Snowden Capital Advisors LLC now owns 16,413 shares of the technology company's stock valued at $3,868,000 after acquiring an additional 86 shares during the last quarter. Global X Japan Co. Ltd. increased its holdings in shares of Littelfuse by 33.5% in the 1st quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company's stock valued at $68,000 after acquiring an additional 87 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of Littelfuse by 228.2% in the 1st quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insiders Place Their Bets

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the stock in a transaction that occurred on 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 sale, the director directly owned 18,730 shares of the company's stock, valued at approximately $4,609,640.30. This trade represents a 11.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.50% of the company's stock.

Littelfuse Stock Performance

Shares of NASDAQ LFUS traded up $12.83 during trading hours on Friday, reaching $262.94. The stock had a trading volume of 210,136 shares, compared to its average volume of 207,951. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $275.56. The firm has a 50-day moving average of $238.15 and a 200-day moving average of $216.57. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of 54.78, a PEG ratio of 2.15 and a beta of 1.41.

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

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 21st. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's payout ratio is 62.50%.

Analysts Set New Price Targets

A number of research analysts have recently commented on LFUS shares. Benchmark reiterated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Robert W. Baird increased 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. Wall Street Zen downgraded Littelfuse from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Oppenheimer decreased their target price on Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $234.50.

Littelfuse 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.