Harbor Capital Advisors Inc. Has $2.17 Million Stock Position in Littelfuse, Inc. $LFUS

Key Points

• Harbor Capital Advisors boosted its stake in Littelfuse, Inc. by 65.2% during the second quarter, now holding 9,561 shares worth approximately $2.17 million.
• Insider trading revealed significant sales, with SVP Alexander Conrad selling 13,210 shares, decreasing his ownership by 79.40%, while VP Ryan K. Stafford sold 10,206 shares, reducing his stake by 24.93%.
• Littelfuse recently increased its quarterly dividend to $0.75 per share, marking a rise from the previous quarterly dividend of $0.70.

Harbor Capital Advisors Inc. raised its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 65.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,561 shares of the technology company's stock after acquiring an additional 3,774 shares during the quarter. Harbor Capital Advisors Inc.'s holdings in Littelfuse were worth $2,168,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Alyeska Investment Group L.P. bought a new stake in Littelfuse in the first quarter valued at about $43,574,000. Van Lanschot Kempen Investment Management N.V. increased its holdings in shares of Littelfuse by 39.9% in the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company's stock worth $121,628,000 after acquiring an additional 176,243 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Littelfuse by 60,177.7% in the first quarter. GAMMA Investing LLC now owns 113,322 shares of the technology company's stock worth $22,295,000 after acquiring an additional 113,134 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Littelfuse by 97.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,208 shares of the technology company's stock worth $42,537,000 after acquiring an additional 106,912 shares in the last quarter. Finally, Shellback Capital LP bought a new stake in shares of Littelfuse in the first quarter worth about $13,907,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

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 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 sale, the vice president owned 30,727 shares in the company, 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 SEC, which is accessible through this link. Also, Director T J. Chung sold 2,343 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $246.11, for a total value of $576,635.73. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,759 shares of company stock worth $6,697,362. Insiders own 2.50% of the company's stock.

Littelfuse Price Performance

Shares of LFUS traded down $3.79 during midday trading on Friday, hitting $262.70. The company's stock had a trading volume of 282,490 shares, compared to its average volume of 154,686. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $271.81. The company's fifty day simple moving average is $251.70 and its two-hundred day simple moving average is $219.58. 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 $6.51 billion, a price-to-earnings ratio of 54.73, a price-to-earnings-growth ratio of 2.13 and a beta of 1.44.

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, beating the consensus estimate 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 analyst estimates of $571.04 million. During the same quarter last year, the company posted $1.97 EPS. The company's revenue for the quarter 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, equities analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were given 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 dividend yield of 1.1%. Littelfuse's dividend payout ratio is presently 62.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Benchmark restated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Zacks Research upgraded Littelfuse from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 3rd. Finally, Wall Street Zen upgraded Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. One research 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. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $234.50.

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.