Raymond James Financial Inc. Has $33.80 Million Stock Holdings in Littelfuse, Inc. $LFUS

Key Points

• Raymond James Financial Inc. increased its holdings in Littelfuse, Inc. by 23.2% in the first quarter, owning 171,801 shares valued at $33.8 million.
• Littelfuse recently announced a boost in its quarterly dividend to $0.75 per share, up from $0.70, indicating a positive financial outlook.
• The company reported earnings of $2.85 per share, exceeding analyst estimates, with revenues of $613.41 million for the last quarter.

Raymond James Financial Inc. boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 23.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 171,801 shares of the technology company's stock after purchasing an additional 32,340 shares during the period. Raymond James Financial Inc. owned 0.70% of Littelfuse worth $33,800,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LFUS. First Horizon Advisors Inc. boosted its position in 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 purchasing an additional 89 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of Littelfuse by 30.5% in 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 lifted its position in shares of Littelfuse by 105.6% in 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. lifted its position in shares of Littelfuse by 33.5% in 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 lifted its position in shares of Littelfuse by 42.8% in 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. 96.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $246.11, for a total transaction of $576,635.73. Following the transaction, the director owned 18,730 shares in the company, valued at $4,609,640.30. This trade represents a 11.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is currently owned by company insiders.

Littelfuse Price Performance

Shares of NASDAQ LFUS opened at $262.94 on Friday. The firm has a market cap of $6.52 billion, a P/E ratio of 54.78, a price-to-earnings-growth ratio of 2.26 and a beta of 1.41. 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 1-year low of $142.10 and a 1-year high of $275.56. The business's 50 day moving average is $238.15 and its 200-day moving average is $216.45.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, topping analysts' consensus estimates of $2.35 by $0.50. The company had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The firm's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Equities research analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on LFUS shares. Robert W. Baird raised their price objective on Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. Wall Street Zen cut Littelfuse from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, Oppenheimer cut their price objective on Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $234.50.

Littelfuse Company Profile

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.

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