Channing Capital Management LLC Sells 10,725 Shares of Littelfuse, Inc. $LFUS

Key Points

• Channing Capital Management LLC reduced its stake in Littelfuse by 2.6%, selling 10,725 shares and currently holds 394,041 shares, representing about 1.59% of the company valued at $77.5 million.
• In the latest quarter, several institutional investors increased their stakes in Littelfuse, including Van Lanschot Kempen Investment Management N.V., which raised its position by 39.9% and now owns 618,215 shares valued at $121.6 million.
• Littelfuse announced a quarterly dividend increase to $0.75, effective September 4th, representing an annual yield of 1.2%, up from the previous $0.70 dividend.

Channing Capital Management LLC lowered its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 2.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,041 shares of the technology company's stock after selling 10,725 shares during the quarter. Littelfuse comprises approximately 2.3% of Channing Capital Management LLC's investment portfolio, making the stock its 9th biggest position. Channing Capital Management LLC owned about 1.59% of Littelfuse worth $77,524,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in LFUS. Van Lanschot Kempen Investment Management N.V. grew its position in Littelfuse by 39.9% during the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company's stock worth $121,628,000 after buying an additional 176,243 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Littelfuse by 60,177.7% in the 1st quarter. GAMMA Investing LLC now owns 113,322 shares of the technology company's stock valued at $22,295,000 after purchasing an additional 113,134 shares in the last quarter. BLI Banque de Luxembourg Investments acquired a new stake in shares of Littelfuse in the 4th quarter valued at $16,250,000. Ameriprise Financial Inc. boosted its holdings in shares of Littelfuse by 119.4% in the 4th quarter. Ameriprise Financial Inc. now owns 116,940 shares of the technology company's stock valued at $27,557,000 after purchasing an additional 63,632 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Littelfuse in the 1st quarter valued at $11,619,000. Institutional investors and hedge funds own 96.14% of the company's stock.

Insider Buying and Selling

In related news, Director T J. Chung sold 2,343 shares of the business'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 in the company, valued at $4,609,640.30. The trade was a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is currently owned by insiders.

Littelfuse Trading Down 1.4%

Shares of LFUS stock opened at $249.24 on Thursday. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 51.93, a PEG ratio of 2.17 and a beta of 1.41. The stock has a 50-day moving average of $236.75 and a 200-day moving average of $216.22. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.56.

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

Littelfuse Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. This is a boost from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date is Thursday, August 21st. Littelfuse's dividend payout ratio (DPR) is presently 62.50%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Robert W. Baird raised their target price 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 raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Oppenheimer decreased their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Finally, Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average 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.

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