Ariel Investments LLC Acquires 7,327 Shares of Littelfuse, Inc. $LFUS

Key Points

• Ariel Investments LLC increased its stake in Littelfuse, Inc. by 2.5%, owning 305,392 shares worth approximately $60.08 million by the end of the reporting period.
• Littelfuse reported better-than-expected earnings per share of $2.85 for the last quarter, surpassing analyst estimates by $0.50 and showing a year-over-year revenue growth of 9.8%.
• The company recently declared a quarterly dividend of $0.75, up from the previous $0.70, reflecting a commitment to returning value to shareholders.

Ariel Investments LLC lifted its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 2.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 305,392 shares of the technology company's stock after acquiring an additional 7,327 shares during the period. Ariel Investments LLC owned approximately 1.24% of Littelfuse worth $60,083,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in LFUS. Alyeska Investment Group L.P. bought a new position in shares of Littelfuse in the first quarter valued at approximately $43,574,000. Royal Bank of Canada lifted its position in shares of Littelfuse by 3.6% during the first quarter. Royal Bank of Canada now owns 32,206 shares of the technology company's stock valued at $6,337,000 after purchasing an additional 1,107 shares in the last quarter. Quarry LP purchased a new stake in Littelfuse in the 1st quarter valued at about $63,000. Magnetar Financial LLC purchased a new position in shares of Littelfuse in the 1st quarter worth approximately $238,000. Finally, Ceredex Value Advisors LLC grew its holdings in shares of Littelfuse by 1.5% in the first quarter. Ceredex Value Advisors LLC now owns 68,497 shares of the technology company's stock valued at $13,476,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

Insider Activity at Littelfuse

In related news, VP Ryan K. Stafford sold 10,206 shares of the business's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the transaction, the vice president owned 30,727 shares in the company, valued at $8,030,194.18. The trade was a 24.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 value of $576,635.73. Following the completion of the sale, the director 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 disclosure for this sale can be found here. Insiders sold 25,759 shares of company stock worth $6,697,362 in the last three months. 2.50% of the stock is owned by insiders.

Littelfuse Trading Down 1.7%

NASDAQ:LFUS opened at $255.49 on Wednesday. Littelfuse, Inc. has a 1 year low of $142.10 and a 1 year high of $271.72. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.06 and a quick ratio of 2.98. The company has a market cap of $6.33 billion, a P/E ratio of 53.23, a P/E/G ratio of 2.23 and a beta of 1.44. The stock's fifty day moving average price is $243.83 and its two-hundred day moving average price is $217.48.

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

Littelfuse Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be paid a $0.75 dividend. 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. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. Littelfuse's payout ratio is presently 62.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on LFUS shares. Wall Street Zen downgraded shares of Littelfuse from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. Benchmark restated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Littelfuse has a consensus rating of "Hold" and an average target price of $234.50.

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.

Want to see what other hedge funds are holding LFUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Littelfuse, Inc. (NASDAQ:LFUS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.