Amundi Sells 6,370 Shares of Littelfuse, Inc. $LFUS

Key Points

• Amundi cut its Littelfuse stake by 72.1% in the first quarter, selling 6,370 shares and retaining 2,468 shares valued at approximately $838,000. Institutional investors collectively own 96.14% of the company.
• Littelfuse reported quarterly EPS of $4.19, beating estimates of $3.78, while revenue rose 20.4% year over year to $738.78 million. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $465.83.
• The company raised its quarterly dividend from $0.75 to $0.80 per share, equivalent to an annualized dividend of $3.20 and a 0.7% yield.

Amundi lowered its holdings in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 72.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,468 shares of the technology company's stock after selling 6,370 shares during the quarter. Amundi's holdings in Littelfuse were worth $838,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP bought a new position in shares of Littelfuse during the 4th quarter worth approximately $114,166,000. Barrow Hanley Mewhinney & Strauss LLC increased its position in Littelfuse by 67.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company's stock valued at $259,035,000 after buying an additional 412,160 shares in the last quarter. Norges Bank purchased a new stake in Littelfuse in the fourth quarter valued at about $73,575,000. T. Rowe Price Investment Management Inc. boosted its holdings in Littelfuse by 58.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company's stock worth $154,273,000 after acquiring an additional 225,445 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in Littelfuse by 1,842.8% in the fourth quarter. Corient Private Wealth LLC now owns 193,583 shares of the technology company's stock worth $48,961,000 after acquiring an additional 183,619 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on LFUS. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 9th. Williams Trading set a $520.00 price target on Littelfuse in a research report on Thursday, May 7th. Oppenheimer boosted their price target on Littelfuse from $430.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, May 7th. Needham & Company LLC reissued a "buy" rating and issued a $520.00 price objective on shares of Littelfuse in a report on Monday, May 18th. Finally, Robert W. Baird raised their price objective on Littelfuse from $500.00 to $535.00 and gave the stock an "outperform" rating in a research note on Friday, June 5th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $465.83.

Littelfuse Price Performance

Shares of LFUS stock opened at $456.55 on Monday. The stock has a 50 day moving average of $441.90 and a 200 day moving average of $395.74. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20. The stock has a market cap of $11.60 billion, a P/E ratio of -913.08, a P/E/G ratio of 2.41 and a beta of 1.49. Littelfuse, Inc. has a twelve month low of $233.36 and a twelve month high of $500.57.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.78 by $0.41. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The company had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same period in the previous year, the company posted $2.30 earnings per share. Littelfuse's revenue for the quarter was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, sell-side analysts expect that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This is a positive change from Littelfuse's previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a yield of 0.7%. Littelfuse's dividend payout ratio is presently -640.00%.

Insider Transactions at Littelfuse

In other Littelfuse news, Director Anthony Grillo sold 3,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the transaction, the director owned 64,928 shares in the company, valued at approximately $29,344,858.88. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maggie Chu sold 11,397 shares of the firm's stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total value of $4,963,165.56. Following the completion of the sale, the senior vice president directly owned 6,001 shares in the company, valued at approximately $2,613,315.48. The trade was a 65.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.00% of the company's stock.

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.

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