Earnest Partners LLC Reduces Stock Position in Littelfuse, Inc. $LFUS

Key Points

• Earnest Partners LLC has reduced its stake in Littelfuse, Inc. by 2.3%, selling nearly 10,000 shares and now holds 1.69% of the company's stock, valued at approximately $82.1 million.
• Analyst ratings have seen changes, with Oppenheimer lowering their price target from $310.00 to $275.00 and Wall Street Zen changing their rating from "strong-buy" to "buy".
• Littelfuse recently increased its quarterly dividend from $0.70 to $0.75, resulting in an annualized yield of 1.1%, with the next payout scheduled for September 4th.

Earnest Partners LLC reduced its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 2.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 417,510 shares of the technology company's stock after selling 9,946 shares during the quarter. Earnest Partners LLC owned about 1.69% of Littelfuse worth $82,141,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LFUS. Tower Research Capital LLC TRC boosted its holdings in shares of Littelfuse by 165.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,607 shares of the technology company's stock valued at $379,000 after acquiring an additional 1,002 shares during the period. Stifel Financial Corp raised its stake in shares of Littelfuse by 1.2% during the fourth quarter. Stifel Financial Corp now owns 16,299 shares of the technology company's stock worth $3,841,000 after purchasing an additional 192 shares during the last quarter. Hsbc Holdings PLC raised its stake in shares of Littelfuse by 293.9% during the fourth quarter. Hsbc Holdings PLC now owns 3,711 shares of the technology company's stock worth $872,000 after purchasing an additional 2,769 shares during the last quarter. Northern Trust Corp raised its stake in shares of Littelfuse by 15.0% during the fourth quarter. Northern Trust Corp now owns 236,960 shares of the technology company's stock worth $55,840,000 after purchasing an additional 30,855 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its stake in shares of Littelfuse by 685.8% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,047 shares of the technology company's stock worth $1,896,000 after purchasing an additional 7,023 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LFUS. Wall Street Zen cut Littelfuse from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. Benchmark reissued a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $234.50.

Littelfuse Price Performance

Shares of LFUS traded down $4.25 during trading hours on Monday, reaching $259.83. 163,047 shares of the company traded hands, 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 stock has a market capitalization of $6.44 billion, a PE ratio of 54.13, a price-to-earnings-growth ratio of 2.23 and a beta of 1.44. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $274.50. The stock has a fifty day simple moving average of $242.46 and a 200 day simple moving average of $217.13.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.35 by $0.50. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The firm had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. During the same period last year, the company earned $1.97 EPS. The firm'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, research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be issued a $0.75 dividend. 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 dividend on an annualized basis and a dividend yield of 1.2%. Littelfuse's dividend payout ratio (DPR) is 62.50%.

Insider Transactions at Littelfuse

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

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.