Hsbc Holdings PLC Reduces Stake in Littelfuse, Inc. $LFUS

Key Points

• HSBC Holdings PLC has significantly reduced its position in Littelfuse, Inc. by 69.3%, now holding only 1,139 shares worth approximately $224,000.
• Several institutional investors, such as Ameriprise Financial and D. E. Shaw & Co., have increased their positions in Littelfuse, indicating a growing interest in the company.
• Littelfuse has received positive ratings from analysts, with recent upgrades to a "strong-buy" rating and a consensus price target of $234.50.

Hsbc Holdings PLC cut its holdings in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 69.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,139 shares of the technology company's stock after selling 2,572 shares during the quarter. Hsbc Holdings PLC's holdings in Littelfuse were worth $224,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Quantbot Technologies LP lifted its stake in Littelfuse by 16.4% in the first quarter. Quantbot Technologies LP now owns 3,788 shares of the technology company's stock valued at $745,000 after buying an additional 534 shares during the period. Raymond James Financial Inc. raised its position in shares of Littelfuse by 23.2% during the first quarter. Raymond James Financial Inc. now owns 171,801 shares of the technology company's stock worth $33,800,000 after purchasing an additional 32,340 shares during the period. American Century Companies Inc. raised its position in shares of Littelfuse by 11.7% during the first quarter. American Century Companies Inc. now owns 280,260 shares of the technology company's stock worth $55,139,000 after purchasing an additional 29,435 shares during the period. Sei Investments Co. raised its position in shares of Littelfuse by 1.8% during the first quarter. Sei Investments Co. now owns 106,578 shares of the technology company's stock worth $20,968,000 after purchasing an additional 1,865 shares during the period. Finally, Lord Abbett & CO. LLC raised its position in shares of Littelfuse by 8.4% during the first quarter. Lord Abbett & CO. LLC now owns 214,202 shares of the technology company's stock worth $42,142,000 after purchasing an additional 16,661 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

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 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 $8,030,194.18. This represents a 24.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 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 represents a 11.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,759 shares of company stock worth $6,697,362 in the last quarter. 2.50% of the stock is currently owned by company insiders.

Littelfuse Stock Up 2.7%

Littelfuse stock traded up $7.19 during trading on Thursday, hitting $271.17. 210,358 shares of the company were exchanged, compared to its average volume of 150,742. The business's 50 day moving average is $248.35 and its 200 day moving average is $218.23. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $271.81. The company has a market capitalization of $6.72 billion, a P/E ratio of 56.49, a PEG ratio of 2.14 and a beta of 1.44. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30.

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, topping the consensus estimate of $2.35 by $0.50. The business had revenue of $613.41 million during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.75 dividend. This is a boost from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date was Thursday, August 21st. This represents a $3.00 dividend on an annualized basis and a yield of 1.1%. Littelfuse's dividend payout ratio is currently 62.50%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on LFUS shares. Zacks Research raised Littelfuse from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. Wall Street Zen raised Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Finally, Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Littelfuse currently has a consensus rating of "Moderate Buy" and an average price target 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.