Goldman Sachs Group Inc. Sells 9,141 Shares of Littelfuse, Inc. $LFUS

Key Points

• Goldman Sachs Group Inc. has reduced its stake in Littelfuse, Inc. by 20%, selling 9,141 shares and holding 36,480 shares worth approximately $7.2 million as of the latest report.
• Littelfuse has recently received positive analyst ratings, including upgrades to a "strong-buy" rating from Zacks and Wall Street Zen, indicating increasing confidence in its stock performance.
• The company declared a quarterly dividend of $0.75 per share, a positive increase from the previous dividend of $0.70, reflecting a stable annualized dividend yield of 1.1%.

Goldman Sachs Group Inc. decreased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 20.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 36,480 shares of the technology company's stock after selling 9,141 shares during the period. Goldman Sachs Group Inc. owned 0.15% of Littelfuse worth $7,177,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Horizon Advisors Inc. grew its position in shares of Littelfuse by 228.2% during the 1st quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock worth $25,000 after purchasing an additional 89 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of Littelfuse during the first quarter worth $29,000. Advisors Asset Management Inc. grew its holdings in Littelfuse by 42.0% in the first quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company's stock worth $61,000 after purchasing an additional 92 shares during the period. Quarry LP acquired a new stake in Littelfuse in the first quarter worth $63,000. Finally, Fifth Third Bancorp lifted its stake in shares of Littelfuse by 30.5% in the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock valued at $64,000 after buying an additional 76 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

Insider Transactions at Littelfuse

In other news, VP Ryan K. Stafford sold 10,206 shares of the business's stock in a transaction on 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 sale, the vice president owned 30,727 shares of the company's stock, valued at approximately $8,030,194.18. The trade was a 24.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction on Monday, August 25th. The stock was sold at an average price of $261.43, for a total value of $3,453,490.30. Following the completion of the transaction, the senior vice president owned 3,427 shares in the company, valued at $895,920.61. The trade was a 79.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,759 shares of company stock valued at $6,697,362. Corporate insiders own 2.50% of the company's stock.

Littelfuse Price Performance

Littelfuse stock traded down $3.94 during trading hours on Friday, hitting $262.55. The stock had a trading volume of 32,586 shares, compared to its average volume of 205,971. 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 $271.81. The stock's fifty day moving average is $251.12 and its two-hundred day moving average is $219.24. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 54.66, a PEG ratio of 2.11 and a beta of 1.44.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 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 company had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. During the same period last year, the business posted $1.97 EPS. The company's quarterly revenue was up 9.8% compared to the same quarter last year. 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 fiscal year.

Littelfuse Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 21st. This is an increase from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's dividend payout ratio (DPR) is presently 62.50%.

Analyst Ratings Changes

Several analysts have commented on the stock. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Zacks Research raised shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. Finally, Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Littelfuse presently has an average rating of "Moderate Buy" and an average target price of $234.50.

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.