MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Stake in Littelfuse, Inc. $LFUS

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Littelfuse, Inc. by 10.5% in the first quarter, owning 54,325 shares worth approximately $10.86 million.
• Littelfuse's earnings per share (EPS) for the last quarter was $2.85, exceeding analysts’ expectations by $0.50, and the company reported a 9.8% increase in revenue compared to the same period last year.
• The company recently boosted its quarterly dividend to $0.75, reflecting an annualized yield of 1.1%, up from the previous dividend of $0.70.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 10.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,325 shares of the technology company's stock after buying an additional 5,142 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.22% of Littelfuse worth $10,859,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. lifted its position in shares of Littelfuse by 1.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company's stock worth $1,208,000 after buying an additional 69 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Littelfuse by 30.5% during the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock worth $64,000 after buying an additional 76 shares in the last quarter. Snowden Capital Advisors LLC lifted its position in shares of Littelfuse by 0.5% during the 4th quarter. Snowden Capital Advisors LLC now owns 16,413 shares of the technology company's stock worth $3,868,000 after buying an additional 86 shares in the last quarter. Global X Japan Co. Ltd. lifted its position in shares of Littelfuse by 33.5% during the 1st quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company's stock worth $68,000 after buying an additional 87 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of Littelfuse by 228.2% during the 1st quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock worth $25,000 after buying an additional 89 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

Wall Street Analyst Weigh In

LFUS has been the topic of several recent analyst reports. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Finally, Zacks Research raised shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $234.50.

Littelfuse Stock Performance

Littelfuse stock traded down $7.21 during mid-day trading on Friday, reaching $263.96. The company's stock had a trading volume of 137,262 shares, compared to its average volume of 153,371. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $271.81. The company has a market capitalization of $6.54 billion, a P/E ratio of 54.99, a PEG ratio of 2.19 and a beta of 1.44. 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 firm's fifty day moving average price is $248.90 and its two-hundred day moving average price is $218.39.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. During the same period in the previous year, the business earned $1.97 EPS. Littelfuse's revenue was up 9.8% compared to the same quarter last year. 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 fiscal year.

Littelfuse Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were paid a $0.75 dividend. The ex-dividend date was Thursday, August 21st. This represents a $3.00 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's dividend payout ratio (DPR) is presently 62.50%.

Insider Activity at Littelfuse

In related 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 completion of the transaction, the senior vice president directly owned 3,427 shares in the company, valued at approximately $895,920.61. The trade was a 79.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 shares were 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 of the company's stock, valued at $8,030,194.18. This represents a 24.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,759 shares of company stock worth $6,697,362. Corporate insiders own 2.50% of the company's stock.

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.