Littelfuse, Inc. $LFUS Stock Position Lessened by Sandhill Capital Partners LLC

Key Points

• Sandhill Capital Partners LLC reduced its stake in Littelfuse, by selling 1,130 shares, now owning 147,975 shares which represents about 2.4% of its investment portfolio.
• Littelfuse recently reported earnings of $2.85 per share, surpassing estimates and indicating a 9.8% revenue growth year-over-year to $613.41 million.
• The company announced an increase in its quarterly dividend from $0.70 to $0.75 per share, reflecting a commitment to returning value to shareholders.

Sandhill Capital Partners LLC cut its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 0.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,975 shares of the technology company's stock after selling 1,130 shares during the quarter. Littelfuse comprises about 2.4% of Sandhill Capital Partners LLC's investment portfolio, making the stock its 20th biggest position. Sandhill Capital Partners LLC owned 0.60% of Littelfuse worth $29,113,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in LFUS. First Horizon Advisors Inc. raised its position in Littelfuse by 228.2% in 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 period. Fifth Third Bancorp increased its position in shares of Littelfuse by 30.5% during the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock worth $64,000 after acquiring an additional 76 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Littelfuse by 105.6% during the first quarter. Parallel Advisors LLC now owns 333 shares of the technology company's stock worth $66,000 after acquiring an additional 171 shares during the last quarter. Global X Japan Co. Ltd. increased its position in shares of Littelfuse by 33.5% during the first 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 during the last quarter. Finally, Bayforest Capital Ltd increased its position in shares of Littelfuse by 42.8% during the first quarter. Bayforest Capital Ltd now owns 367 shares of the technology company's stock worth $72,000 after acquiring an additional 110 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Littelfuse

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the business's stock in a transaction dated 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 transaction, the director directly owned 18,730 shares of the company's stock, valued at $4,609,640.30. The trade was a 11.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LFUS. Wall Street Zen lowered Littelfuse from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Robert W. Baird lifted their target price on Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Oppenheimer dropped their target price on Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Finally, Benchmark reiterated a "hold" rating on shares of Littelfuse in a research note on Wednesday, May 28th. One research analyst has rated the stock with a Buy rating and three have issued 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 Stock Performance

LFUS stock traded up $12.83 during midday trading on Friday, reaching $262.94. The company had a trading volume of 210,136 shares, compared to its average volume of 207,951. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. The stock has a 50 day moving average price of $238.15 and a 200 day moving average price of $216.57. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $275.56. The firm has a market capitalization of $6.52 billion, a PE ratio of 54.78, a P/E/G ratio of 2.15 and a beta of 1.41.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The company had revenue of $613.41 million during the quarter, compared to the consensus estimate of $571.04 million. During the same period in the previous year, the firm posted $1.97 earnings per share. Littelfuse'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. Analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be given a $0.75 dividend. The ex-dividend date is 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 62.50%.

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.