Dorsey & Whitney Trust CO LLC Buys 2,205 Shares of Littelfuse, Inc. $LFUS

Key Points

• Dorsey & Whitney Trust CO LLC increased its holdings in Littelfuse, Inc. by 5.9%, purchasing an additional 2,205 shares, bringing its total ownership to approximately 0.16% valued at $7.77 million.
• Recent earnings reports indicate that Littelfuse had a net revenue of $613.41 million for the quarter, significantly exceeding analysts' estimates of $571.04 million, showing a 9.8% year-over-year growth.
• Littelfuse announced a quarterly dividend increase from $0.70 to $0.75 per share, with the new dividend scheduled for payment on September 4th, representing an annual yield of 1.2%.

Dorsey & Whitney Trust CO LLC increased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 5.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,486 shares of the technology company's stock after buying an additional 2,205 shares during the period. Dorsey & Whitney Trust CO LLC owned about 0.16% of Littelfuse worth $7,768,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LFUS. First Horizon Advisors Inc. boosted its holdings in shares of Littelfuse by 228.2% in the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock valued at $25,000 after acquiring an additional 89 shares during the period. Fifth Third Bancorp lifted its stake in shares of Littelfuse by 30.5% in the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock valued at $64,000 after purchasing an additional 76 shares in the last quarter. Parallel Advisors LLC lifted its position in Littelfuse by 105.6% during the 1st quarter. Parallel Advisors LLC now owns 333 shares of the technology company's stock worth $66,000 after acquiring an additional 171 shares in the last quarter. Global X Japan Co. Ltd. lifted its position in Littelfuse by 33.5% during the 1st quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company's stock worth $68,000 after acquiring an additional 87 shares in the last quarter. Finally, Bayforest Capital Ltd increased its holdings in Littelfuse by 42.8% during the 1st quarter. Bayforest Capital Ltd now owns 367 shares of the technology company's stock worth $72,000 after purchasing an additional 110 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Littelfuse

In related news, Director T J. Chung sold 2,343 shares of the firm's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $246.11, for a total value of $576,635.73. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Littelfuse Price Performance

NASDAQ:LFUS traded up $12.83 during trading hours on Friday, reaching $262.94. 210,136 shares of the company were exchanged, compared to its average volume of 207,951. The business has a 50 day moving average of $238.15 and a 200 day moving average of $216.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.06 and a quick ratio of 2.98. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.56. The company has a market capitalization of $6.52 billion, a P/E ratio of 54.78, a P/E/G ratio of 2.15 and a beta of 1.41.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. The company had revenue of $613.41 million during the quarter, compared to analysts' expectations of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.Littelfuse's revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Research analysts forecast 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. Stockholders of record on Thursday, August 21st will be paid a $0.75 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. This is a boost from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's dividend payout ratio (DPR) is 62.50%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on LFUS shares. Robert W. Baird boosted their price objective on Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Wall Street Zen downgraded Littelfuse from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Benchmark restated a "hold" rating on shares of Littelfuse in a research note on Wednesday, May 28th. Finally, Oppenheimer cut their price target on Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Littelfuse currently has a consensus rating of "Hold" and an average price target 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.