Littelfuse, Inc. $LFUS Shares Sold by Logan Capital Management Inc.

Key Points

• Logan Capital Management Inc. reduced its stake in Littelfuse, Inc. by 8.2%, selling 1,404 shares, and now holds approximately $3.1 million worth of the stock.
• Littelfuse recently received upgraded ratings from analysts, including a move to a "strong-buy" from Zacks Research and Wall Street Zen.
• The company announced a quarterly dividend increase to $0.75 per share, reflecting confidence in its financial performance and a current yield of 1.1%.

Logan Capital Management Inc. lowered its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 8.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,744 shares of the technology company's stock after selling 1,404 shares during the quarter. Logan Capital Management Inc. owned about 0.06% of Littelfuse worth $3,098,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Alyeska Investment Group L.P. acquired a new position in Littelfuse in the 1st quarter worth approximately $43,574,000. Van Lanschot Kempen Investment Management N.V. increased its holdings in Littelfuse by 39.9% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company's stock worth $121,628,000 after buying an additional 176,243 shares during the period. GAMMA Investing LLC increased its holdings in Littelfuse by 60,177.7% in the 1st quarter. GAMMA Investing LLC now owns 113,322 shares of the technology company's stock worth $22,295,000 after buying an additional 113,134 shares during the period. Shellback Capital LP acquired a new position in Littelfuse in the 1st quarter worth approximately $13,907,000. Finally, Ameriprise Financial Inc. increased its holdings in Littelfuse by 119.4% in the 4th quarter. Ameriprise Financial Inc. now owns 116,940 shares of the technology company's stock worth $27,557,000 after buying an additional 63,632 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Insider Activity at Littelfuse

In related news, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction on Monday, August 25th. The shares were 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. This trade represents a 24.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director T J. Chung sold 2,343 shares of Littelfuse stock in a transaction on Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the completion of the sale, the director directly owned 18,730 shares in the company, valued at $4,609,640.30. This represents a 11.12% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,759 shares of company stock valued at $6,697,362. 2.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LFUS. Zacks Research upgraded shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 3rd. Benchmark reiterated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Finally, Wall Street Zen upgraded shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Littelfuse has a consensus rating of "Moderate Buy" and a consensus target price of $234.50.

Littelfuse Stock Performance

Littelfuse stock traded down $7.21 during mid-day trading on Friday, hitting $263.96. The company had a trading volume of 137,262 shares, compared to its average volume of 153,371. 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, Inc. has a 12-month low of $142.10 and a 12-month high of $271.81. The company's fifty day moving average is $248.90 and its 200-day moving average is $218.39. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 54.99, a P/E/G ratio of 2.19 and a beta of 1.44.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, topping 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 business had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. During the same quarter in the prior year, the firm posted $1.97 EPS. The business's quarterly 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. Equities research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

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

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.