Littelfuse, Inc. $LFUS Holdings Decreased by Park Avenue Securities LLC

Key Points

• Park Avenue Securities LLC significantly reduced its holdings in Littelfuse, Inc. by 59.7% during the second quarter, now owning only 1,299 shares valued at $295,000.
• Several institutional investors have increased their stakes in Littelfuse, with GAMMA Investing LLC raising its holdings by an impressive 60,177.7% this year.
• Littelfuse recently reported better-than-expected quarterly earnings of $2.85 per share, and it has announced a dividend increase to $0.75, resulting in a 1.2% dividend yield.

Park Avenue Securities LLC trimmed its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 59.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,299 shares of the technology company's stock after selling 1,925 shares during the quarter. Park Avenue Securities LLC's holdings in Littelfuse were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in LFUS. GAMMA Investing LLC increased its holdings in shares of Littelfuse by 60,177.7% in the 1st quarter. GAMMA Investing LLC now owns 113,322 shares of the technology company's stock valued at $22,295,000 after acquiring an additional 113,134 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Littelfuse by 105.6% in the 1st quarter. Parallel Advisors LLC now owns 333 shares of the technology company's stock valued at $66,000 after acquiring an additional 171 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of Littelfuse by 0.4% in the 1st quarter. Rhumbline Advisers now owns 69,630 shares of the technology company's stock valued at $13,699,000 after acquiring an additional 308 shares during the last quarter. Vest Financial LLC bought a new stake in shares of Littelfuse in the 1st quarter valued at approximately $578,000. Finally, Procyon Advisors LLC acquired a new position in Littelfuse during the 1st quarter valued at approximately $209,000. 96.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LFUS. Wall Street Zen upgraded Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Zacks Research upgraded Littelfuse from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Littelfuse presently has a consensus rating of "Moderate Buy" and a consensus target price of $234.50.

Littelfuse Trading Up 0.5%

Shares of Littelfuse stock opened at $259.01 on Wednesday. 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 firm has a market cap of $6.42 billion, a price-to-earnings ratio of 53.96, a price-to-earnings-growth ratio of 2.09 and a beta of 1.44. The business has a fifty day simple moving average of $255.69 and a 200-day simple moving average of $221.94. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $271.81.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.35 by $0.50. The business had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The company's revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, equities analysts forecast 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 was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date was Thursday, August 21st. Littelfuse's payout ratio is currently 62.50%.

Insider Activity

In other news, Director T J. Chung sold 2,343 shares of the company's stock in a transaction 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 in the company, valued at $4,609,640.30. This represents a 11.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Alexander Conrad sold 13,210 shares of the company's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $261.43, for a total value of $3,453,490.30. Following the completion of the sale, the senior vice president owned 3,427 shares of the company's stock, valued at approximately $895,920.61. This trade represents a 79.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,759 shares of company stock worth $6,697,362 over the last 90 days. 2.50% of the stock is currently owned by company insiders.

Littelfuse Company 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.

Want to see what other hedge funds are holding LFUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Littelfuse, Inc. (NASDAQ:LFUS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.