Russell Investments Group Ltd. Has $4.88 Million Position in Littelfuse, Inc. $LFUS

Key Points

• Russell Investments Group Ltd. increased its stake in Littelfuse, Inc. by 15.9% during the first quarter, owning about 0.10% of the company valued at $4.88 million.
• Littelfuse reported earnings of $2.85 per share for the last quarter, exceeding analyst expectations, and had a 9.8% year-over-year revenue increase, reaching $613.41 million.
• The company announced a quarterly dividend increase to $0.75 per share, reflecting a positive change from the previous $0.70 quarterly dividend.

Russell Investments Group Ltd. raised its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 15.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,824 shares of the technology company's stock after purchasing an additional 3,408 shares during the quarter. Russell Investments Group Ltd. owned about 0.10% of Littelfuse worth $4,884,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in LFUS. Teacher Retirement System of Texas increased its position in Littelfuse by 80.5% in the 1st quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company's stock valued at $988,000 after acquiring an additional 2,240 shares during the period. Millennium Management LLC raised its stake in shares of Littelfuse by 806.0% during the fourth quarter. Millennium Management LLC now owns 19,253 shares of the technology company's stock valued at $4,537,000 after purchasing an additional 17,128 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Littelfuse by 1.9% in the first quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company's stock worth $26,963,000 after purchasing an additional 2,571 shares during the period. Charles Schwab Investment Management Inc. grew its position in Littelfuse by 0.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company's stock valued at $61,953,000 after buying an additional 2,362 shares in the last quarter. Finally, Palisade Capital Management LP increased its stake in Littelfuse by 6.5% during the 1st quarter. Palisade Capital Management LP now owns 183,400 shares of the technology company's stock valued at $36,082,000 after buying an additional 11,157 shares during the period. Institutional investors own 96.14% of the company's stock.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the firm'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 trade 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. Company insiders own 2.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on LFUS shares. Oppenheimer reduced their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Robert W. Baird raised their price objective on shares of Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research note on Wednesday, May 28th. Finally, Wall Street Zen lowered shares of Littelfuse from a "strong-buy" rating to a "buy" rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $234.50.

Littelfuse Price Performance

Shares of NASDAQ:LFUS traded up $12.83 during trading hours on Friday, hitting $262.94. 210,136 shares of the company's stock traded hands, compared to its average volume of 207,951. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $275.56. 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 company's fifty day simple moving average is $238.15 and its two-hundred day simple moving average is $216.33. The company has a market cap of $6.52 billion, a price-to-earnings ratio of 54.78, a price-to-earnings-growth ratio of 2.26 and a beta of 1.41.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted 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. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The company had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. During the same quarter last year, the firm posted $1.97 EPS. The business's revenue for the quarter was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, equities analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.75 per share. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date is Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. Littelfuse's payout ratio is 62.50%.

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.