Lecap Asset Management Ltd. Acquires New Holdings in Littelfuse, Inc. $LFUS

Key Points

• Lecap Asset Management Ltd. has acquired a new position in Littelfuse, Inc., purchasing 2,418 shares valued at approximately $548,000.
• In recent analyst updates, Littelfuse has received a consensus rating of "Moderate Buy" with a price target of $234.50, reflecting positive market sentiment.
• Littelfuse recently increased its quarterly dividend to $0.75 per share, marking a boost from the previous dividend of $0.70.

Lecap Asset Management Ltd. bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,418 shares of the technology company's stock, valued at approximately $548,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LFUS. Consolidated Planning Corp acquired a new position in shares of Littelfuse during the second quarter worth $293,000. Janney Montgomery Scott LLC bought a new position in Littelfuse during the 2nd quarter worth $207,000. Signaturefd LLC lifted its holdings in Littelfuse by 248.9% during the 2nd quarter. Signaturefd LLC now owns 1,598 shares of the technology company's stock worth $362,000 after buying an additional 1,140 shares during the period. Fifth Third Bancorp grew its position in shares of Littelfuse by 27.4% in the 2nd quarter. Fifth Third Bancorp now owns 414 shares of the technology company's stock valued at $94,000 after buying an additional 89 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Littelfuse by 251.6% in the second quarter. GAMMA Investing LLC now owns 2,025 shares of the technology company's stock valued at $459,000 after buying an additional 1,449 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on LFUS shares. Wall Street Zen raised Littelfuse from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Zacks Research raised shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $234.50.

Littelfuse Price Performance

Littelfuse stock opened at $259.04 on Friday. The stock has a market capitalization of $6.42 billion, a price-to-earnings ratio of 53.97, a PEG ratio of 2.09 and a beta of 1.45. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $271.81. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. The stock's 50 day moving average price is $256.82 and its two-hundred day moving average price is $222.49.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. The company had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. Littelfuse's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, equities analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.75 per share. This is a boost from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.2%. Littelfuse's payout ratio is currently 62.50%.

Insider Activity

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $246.11, for a total value of $576,635.73. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Alexander Conrad sold 13,210 shares of the company's stock in a transaction that occurred 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 transaction, the senior vice president directly 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. Insiders sold a total of 25,759 shares of company stock worth $6,697,362 in the last three months. Company insiders own 2.50% of the company's stock.

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.

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