Littelfuse, Inc. $LFUS Shares Purchased by Russell Investments Group Ltd.

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. increased its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 15.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,824 shares of the technology company's stock after buying an additional 3,408 shares during the period. 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 (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. raised its stake in Littelfuse by 7.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 763,396 shares of the technology company's stock valued at $179,895,000 after purchasing an additional 55,835 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Littelfuse by 5.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 442,554 shares of the technology company's stock worth $104,287,000 after acquiring an additional 22,287 shares during the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Littelfuse by 2.8% in the 1st quarter. Westwood Holdings Group Inc. now owns 357,157 shares of the technology company's stock worth $70,267,000 after acquiring an additional 9,793 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Littelfuse by 0.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company's stock worth $61,953,000 after acquiring an additional 2,362 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of Littelfuse by 15.0% in the 4th quarter. Northern Trust Corp now owns 236,960 shares of the technology company's stock worth $55,840,000 after acquiring an additional 30,855 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LFUS has been the subject of a number of recent research reports. Oppenheimer cut their target price on Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Wall Street Zen downgraded Littelfuse from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Robert W. Baird raised their target price on Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Finally, Benchmark reissued a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Littelfuse currently has a consensus rating of "Hold" and a consensus target price of $234.50.

Littelfuse Trading Down 0.0%

Littelfuse stock traded down $0.09 during midday trading on Wednesday, reaching $262.41. 161,866 shares of the stock traded hands, compared to its average volume of 208,222. The company has a 50-day simple moving average of $240.76 and a two-hundred day simple moving average of $217.17. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $274.50. The firm has a market cap of $6.50 billion, a PE ratio of 54.67, a price-to-earnings-growth ratio of 2.25 and a beta of 1.41. 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 earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. The company had revenue of $613.41 million during the quarter, compared to analysts' expectations of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.Littelfuse's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the business posted $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Research analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

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

Insider Activity

In other news, Director T J. Chung sold 2,343 shares of Littelfuse stock in a transaction dated 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 transaction, the director owned 18,730 shares in the company, valued at approximately $4,609,640.30. This trade represents a 11.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Ryan K. Stafford sold 10,206 shares of the business's stock in a transaction that occurred 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 sale, the vice president owned 30,727 shares of the company's stock, valued at approximately $8,030,194.18. The trade was a 24.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,759 shares of company stock worth $6,697,362. 2.50% of the stock is currently owned by company insiders.

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.