Deutsche Bank AG Sells 6,152 Shares of Littelfuse, Inc. $LFUS

Key Points

• Deutsche Bank AG significantly reduced its investment in Littelfuse, Inc. by 63.9%, now holding a position worth $683,000 after selling over 6,000 shares in the first quarter.
• Littelfuse recently announced an increase in its quarterly dividend from $0.70 to $0.75, with the upcoming payment representing an annual yield of 1.1%.
• The company's latest quarterly earnings report showed a 9.8% year-over-year revenue growth, achieving $613.41 million against analyst expectations of $571.04 million.

Deutsche Bank AG decreased its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 63.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,474 shares of the technology company's stock after selling 6,152 shares during the quarter. Deutsche Bank AG's holdings in Littelfuse were worth $683,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Teacher Retirement System of Texas boosted its holdings in shares of Littelfuse by 80.5% in the 1st quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company's stock worth $988,000 after acquiring an additional 2,240 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Littelfuse by 806.0% in the 4th quarter. Millennium Management LLC now owns 19,253 shares of the technology company's stock worth $4,537,000 after acquiring an additional 17,128 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Littelfuse by 1.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company's stock worth $26,963,000 after acquiring an additional 2,571 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Littelfuse by 0.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company's stock worth $61,953,000 after acquiring an additional 2,362 shares in the last quarter. Finally, Palisade Capital Management LP boosted its holdings in shares of Littelfuse by 6.5% in the 1st quarter. Palisade Capital Management LP now owns 183,400 shares of the technology company's stock worth $36,082,000 after acquiring an additional 11,157 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Littelfuse

In other Littelfuse news, VP Ryan K. Stafford sold 10,206 shares of the company's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the completion of the sale, the vice president owned 30,727 shares in the company, valued at approximately $8,030,194.18. The trade was a 24.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director T J. Chung sold 2,343 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the sale, the director owned 18,730 shares of the company's stock, valued at $4,609,640.30. The trade was a 11.12% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,759 shares of company stock worth $6,697,362. Insiders own 2.50% of the company's stock.

Littelfuse Trading Down 1.6%

LFUS stock traded down $4.25 during trading on Friday, hitting $259.83. The company had a trading volume of 163,047 shares, compared to its average volume of 168,638. 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 firm has a 50-day moving average price of $242.46 and a 200-day moving average price of $217.13. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $274.50. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 54.13, a PEG ratio of 2.23 and a beta of 1.44.

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 the consensus estimate of $2.35 by $0.50. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The firm had revenue of $613.41 million during the quarter, compared to analysts' expectations of $571.04 million. During the same quarter in the previous year, the company posted $1.97 EPS. Littelfuse's 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 predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 21st. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's dividend payout ratio is presently 62.50%.

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.