Charles Schwab Investment Management Inc. Acquires 2,362 Shares of Littelfuse, Inc. $LFUS

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Littelfuse, Inc. by 0.8% during Q1, now holding 314,897 shares valued at $61.95 million.
• Insider trading activity includes Director T.J. Chung selling 2,343 shares for about $576,635, reducing their ownership by 11.12%.
• Littelfuse will distribute a quarterly dividend of $0.75 per share, marking an increase from the previous $0.70 dividend.

Charles Schwab Investment Management Inc. raised its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 314,897 shares of the technology company's stock after acquiring an additional 2,362 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.27% of Littelfuse worth $61,953,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. increased its stake in Littelfuse by 1.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company's stock valued at $1,208,000 after buying an additional 69 shares during the period. Treasurer of the State of North Carolina boosted its holdings in shares of Littelfuse by 0.7% in the fourth quarter. Treasurer of the State of North Carolina now owns 10,733 shares of the technology company's stock worth $2,529,000 after buying an additional 70 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Littelfuse by 30.5% in the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock worth $64,000 after buying an additional 76 shares during the period. Snowden Capital Advisors LLC boosted its holdings in shares of Littelfuse by 0.5% in the fourth quarter. Snowden Capital Advisors LLC now owns 16,413 shares of the technology company's stock worth $3,868,000 after buying an additional 86 shares during the period. Finally, Global X Japan Co. Ltd. boosted its holdings in shares of Littelfuse by 33.5% in the first quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company's stock worth $68,000 after buying an additional 87 shares during the period. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Stock Performance

Littelfuse stock traded up $2.8680 on Tuesday, hitting $255.3680. The company's stock had a trading volume of 39,042 shares, compared to its average volume of 212,479. The firm has a market cap of $6.33 billion, a P/E ratio of 53.18, a price-to-earnings-growth ratio of 2.15 and a beta of 1.41. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average price of $235.74 and a 200-day moving average price of $215.73. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.56.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.50. The firm had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, equities analysts anticipate 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. Investors of record on Thursday, August 21st will be given a dividend of $0.75 per share. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date is Thursday, August 21st. This represents a $3.00 annualized dividend and a yield of 1.2%. Littelfuse's dividend payout ratio is currently 58.33%.

Analysts Set New Price Targets

Several research analysts have commented on LFUS shares. Robert W. Baird raised their target price on shares of Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a report on Thursday, May 1st. Wall Street Zen upgraded shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Oppenheimer dropped their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Finally, Benchmark reissued a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $234.50.

Insider Transactions at Littelfuse

In related news, Director T J. Chung sold 2,343 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the transaction, the director owned 18,730 shares in the company, valued at $4,609,640.30. This represents a 11.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is currently owned by company insiders.

Littelfuse Company 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.