Moody National Bank Trust Division Cuts Holdings in Littelfuse, Inc. $LFUS

Key Points

• Moody National Bank Trust Division cut its Littelfuse stake by 34.3% in the third quarter, selling 2,526 shares and retaining 4,848 shares valued at approximately $2.05 million. Institutional investors collectively own 96.14% of LFUS.
• Littelfuse shares rose 0.6% to $454.28, near the analyst consensus price target of $465.83. Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and two Holds.
• The company reported quarterly revenue of $738.78 million, up 20.4% year over year, and earnings per share of $4.19, exceeding expectations. Littelfuse also increased its quarterly dividend from $0.75 to $0.80 per share.

Moody National Bank Trust Division reduced its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 34.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,848 shares of the technology company's stock after selling 2,526 shares during the quarter. Moody National Bank Trust Division's holdings in Littelfuse were worth $2,054,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Littelfuse during the 2nd quarter valued at about $1,148,821,000. Van Lanschot Kempen Investment Management N.V. raised its stake in Littelfuse by 3.9% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company's stock worth $247,988,000 after buying an additional 37,203 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Littelfuse in the second quarter worth about $185,057,000. William Blair Investment Management LLC purchased a new stake in Littelfuse in the second quarter worth about $146,471,000. Finally, Bank of America Corp DE bought a new stake in Littelfuse during the 2nd quarter valued at approximately $115,306,000. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Stock Up 0.6%

NASDAQ:LFUS traded up $2.86 during mid-day trading on Tuesday, hitting $454.28. 182,137 shares of the company's stock were exchanged, compared to its average volume of 290,025. The company has a market cap of $11.54 billion, a PE ratio of -908.54, a P/E/G ratio of 2.41 and a beta of 1.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. Littelfuse, Inc. has a one year low of $233.36 and a one year high of $500.57. The business has a fifty day moving average price of $427.04 and a 200 day moving average price of $421.34.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share for the quarter, beating analysts' consensus estimates of $3.78 by $0.41. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. The business had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. During the same quarter last year, the firm earned $2.30 earnings per share. The business's revenue for the quarter was up 20.4% on a year-over-year basis. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Equities analysts predict that Littelfuse, Inc. will post 15.78 EPS for the current year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were paid a dividend of $0.80 per share. The ex-dividend date was Thursday, August 20th. This is a positive change from Littelfuse's previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a yield of 0.7%. Littelfuse's dividend payout ratio (DPR) is presently -640.00%.

Analysts Set New Price Targets

LFUS has been the topic of a number of research analyst reports. Zacks Research downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Monday, July 13th. Weiss Ratings upgraded Littelfuse from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Littelfuse has an average rating of "Moderate Buy" and an average price target of $465.83.

About Littelfuse

Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and circuit-protection devices, power semiconductor products, relays, switches, sensors and power-distribution components.

The company serves customers in the automotive, commercial vehicle, industrial, electronics and communications markets. Its products are used in applications ranging from vehicle electrification and battery systems to factory automation, renewable energy, consumer electronics and electrical infrastructure.

Founded in 1927, Littelfuse has expanded from its early focus on circuit protection into a global supplier of electrical and electronic components.

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