Magnetar Financial LLC Makes New $238,000 Investment in Littelfuse, Inc. $LFUS

Key Points

• Magnetar Financial LLC has acquired a new stake in Littelfuse, Inc., purchasing 1,211 shares valued at approximately $238,000 during the first quarter.
• Littelfuse, Inc. recently reported earnings of $2.85 per share for the quarter, exceeding analysts' expectations, with revenue up 9.8% from the previous year.
• The company announced a quarterly dividend increase from $0.70 to $0.75, with the ex-dividend date set for August 21st, representing a dividend yield of 1.2%.

Magnetar Financial LLC bought a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,211 shares of the technology company's stock, valued at approximately $238,000.

Other hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its holdings in 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. AlphaQuest LLC acquired a new position in Littelfuse during the 1st quarter worth approximately $29,000. Fifth Third Bancorp grew its holdings in 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 acquiring an additional 76 shares in the last quarter. Parallel Advisors LLC grew its holdings in Littelfuse by 105.6% during the 1st quarter. Parallel Advisors LLC now owns 333 shares of the technology company's stock worth $66,000 after acquiring an additional 171 shares in the last quarter. Finally, Global X Japan Co. Ltd. grew its holdings in 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 acquiring an additional 87 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Stock Performance

Shares of Littelfuse stock traded up $0.07 during trading hours on Monday, hitting $262.70. 15,325 shares of the company were exchanged, compared to its average volume of 209,333. Littelfuse, Inc. has a 1 year low of $142.10 and a 1 year high of $271.72. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average of $245.81 and a 200-day moving average of $217.38. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 54.67, a P/E/G ratio of 2.12 and a beta of 1.44.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to analysts' expectations of $571.04 million. During the same quarter in the prior year, the business earned $1.97 earnings per share. The company'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. As a group, analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Increases Dividend

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

Insider Transactions at Littelfuse

In related news, 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 value of $2,667,236.04. Following the sale, the vice president directly owned 30,727 shares in the company, valued at $8,030,194.18. The trade was a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the senior vice president owned 3,427 shares in the company, valued at approximately $895,920.61. This trade represents a 79.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,759 shares of company stock worth $6,697,362 over the last ninety days. 2.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on LFUS shares. Benchmark reiterated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Wall Street Zen upgraded shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a report on Friday. Finally, Zacks Research upgraded shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $234.50.

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.