T. Rowe Price Investment Management Inc. Has $149.68 Million Stock Holdings in Littelfuse, Inc. $LFUS

Key Points

• T. Rowe Price Investment Management Inc. now holds $149.68 million in Littelfuse, Inc., owning approximately 3.08% of the company after a slight decrease in shares during the first quarter.
• Littelfuse recently declared a quarterly dividend increase to $0.75 per share, resulting in an annualized dividend of $3.00 and a yield of 1.2%.
• Research analysts have varied opinions on Littelfuse, with one firm upgrading the stock to a "strong-buy" rating, while the consensus rating remains a "Hold."

T. Rowe Price Investment Management Inc. decreased its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 0.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 760,790 shares of the technology company's stock after selling 2,606 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 3.08% of Littelfuse worth $149,678,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. increased its position in Littelfuse by 1.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company's stock worth $1,208,000 after buying an additional 69 shares during the period. Fifth Third Bancorp increased 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 worth $64,000 after purchasing an additional 76 shares during the period. Snowden Capital Advisors LLC increased its position in shares of Littelfuse by 0.5% in the fourth quarter. Snowden Capital Advisors LLC now owns 16,413 shares of the technology company's stock worth $3,868,000 after purchasing an additional 86 shares during the period. Global X Japan Co. Ltd. increased 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 worth $68,000 after purchasing an additional 87 shares during the period. Finally, First Horizon Advisors Inc. increased its position in shares of Littelfuse by 228.2% in the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock worth $25,000 after purchasing an additional 89 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on LFUS shares. Wall Street Zen upgraded Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Benchmark restated a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. Robert W. Baird raised their price target on Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Finally, Oppenheimer reduced their price objective on Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Littelfuse has a consensus rating of "Hold" and an average price target of $234.50.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $250.11 on Friday. The stock's 50-day simple moving average is $237.22 and its 200 day simple moving average is $216.35. The firm has a market capitalization of $6.20 billion, a PE ratio of 52.11, a price-to-earnings-growth ratio of 2.14 and a beta of 1.41. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. Littelfuse, Inc. has a twelve month low of $142.10 and a twelve month high of $275.56.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.35 by $0.50. The business 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%.Littelfuse's revenue was up 9.8% compared to the same quarter last year. During the same period last year, the firm posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, analysts anticipate 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 will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. This is an increase from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date is Thursday, August 21st. Littelfuse's dividend payout ratio (DPR) is presently 58.33%.

Insider Buying and Selling at Littelfuse

In other news, Director T J. Chung sold 2,343 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $246.11, for a total transaction of $576,635.73. Following the sale, the director directly owned 18,730 shares in the company, valued at approximately $4,609,640.30. The trade was a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.50% of the company's stock.

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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