Littelfuse, Inc. $LFUS Holdings Trimmed by Invesco Ltd.

Key Points

• Invesco Ltd. has decreased its stake in Littelfuse, Inc. by 67.1% this quarter, now holding 46,424 shares worth approximately $9.1 million, following the sale of 94,472 shares.
• Littelfuse, Inc. reported a quarterly earnings per share (EPS) of $2.85, exceeding expectations of $2.35, with total revenue of $613.41 million.
• The company has announced an increase in its quarterly dividend to $0.75, marking a 7.14% rise from the previous dividend, payable on September 4th.

Invesco Ltd. lessened its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 67.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,424 shares of the technology company's stock after selling 94,472 shares during the period. Invesco Ltd. owned 0.19% of Littelfuse worth $9,133,000 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. First Horizon Advisors Inc. raised its holdings in shares of Littelfuse by 228.2% during the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock valued at $25,000 after buying an additional 89 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Littelfuse by 30.5% during the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock valued at $64,000 after buying an additional 76 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Littelfuse by 105.6% during the first quarter. Parallel Advisors LLC now owns 333 shares of the technology company's stock valued at $66,000 after buying an additional 171 shares during the last quarter. Global X Japan Co. Ltd. raised its holdings in shares of Littelfuse by 33.5% during the first quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company's stock valued at $68,000 after buying an additional 87 shares during the last quarter. Finally, Bayforest Capital Ltd raised its holdings in shares of Littelfuse by 42.8% during the first quarter. Bayforest Capital Ltd now owns 367 shares of the technology company's stock valued at $72,000 after buying an additional 110 shares during the last quarter. Institutional investors own 96.14% of the company's stock.

Littelfuse Price Performance

NASDAQ:LFUS traded down $4.25 during midday trading on Friday, hitting $259.83. 163,047 shares of the stock were exchanged, compared to its average volume of 174,468. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $274.50. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 54.13, a P/E/G ratio of 2.23 and a beta of 1.41. The business has a 50-day moving average price of $242.46 and a two-hundred day moving average price of $217.34. 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 posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.50. The firm had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The firm's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Sell-side analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.2%. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date is Thursday, August 21st. Littelfuse's dividend payout ratio (DPR) is presently 62.50%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Wall Street Zen cut Littelfuse from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Littelfuse has an average rating of "Hold" and a consensus target price of $234.50.

Insiders Place Their Bets

In other Littelfuse news, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction that occurred 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 transaction, the senior vice president owned 3,427 shares in the company, valued at approximately $895,920.61. The trade was a 79.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the completion of the transaction, the vice president owned 30,727 shares in the company, valued at approximately $8,030,194.18. This trade represents a 24.93% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,759 shares of company stock worth $6,697,362. 2.50% of the stock is owned by insiders.

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.