Thematics Asset Management Decreases Holdings in Littelfuse, Inc. $LFUS

Key Points

• Thematics Asset Management reduced its stake in Littelfuse, Inc. by 7.7%, selling 5,901 shares recently, and now owns approximately 0.29% of the company valued at $13.99 million.
• Littelfuse recently raised its quarterly dividend to $0.75, an increase from the previous dividend of $0.70, representing an annualized yield of 1.1%.
• The company's stock performance showed a 5.1% increase in share price, with recent earnings exceeding expectations and a projected EPS of 9.49 for the current fiscal year.

Thematics Asset Management lessened its holdings in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 7.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,099 shares of the technology company's stock after selling 5,901 shares during the quarter. Thematics Asset Management owned approximately 0.29% of Littelfuse worth $13,988,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in LFUS. Van Lanschot Kempen Investment Management N.V. lifted its holdings in shares of Littelfuse by 39.9% during the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company's stock worth $121,628,000 after purchasing an additional 176,243 shares during the period. GAMMA Investing LLC raised its position in Littelfuse by 60,177.7% during the 1st quarter. GAMMA Investing LLC now owns 113,322 shares of the technology company's stock worth $22,295,000 after purchasing an additional 113,134 shares during the last quarter. BLI Banque de Luxembourg Investments acquired a new position in Littelfuse during the 4th quarter worth about $16,250,000. Ameriprise Financial Inc. lifted its holdings in Littelfuse by 119.4% during the 4th quarter. Ameriprise Financial Inc. now owns 116,940 shares of the technology company's stock worth $27,557,000 after buying an additional 63,632 shares during the period. Finally, Nuveen LLC bought a new stake in shares of Littelfuse in the 1st quarter valued at about $11,619,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LFUS. Benchmark restated a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. Robert W. Baird increased their target price on shares of Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research report on Thursday, May 1st. Oppenheimer lowered their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Finally, Wall Street Zen downgraded shares of Littelfuse from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $234.50.

Littelfuse Stock Up 0.6%

Shares of LFUS traded up $1.67 during trading hours on Thursday, reaching $264.08. The stock had a trading volume of 133,978 shares, compared to its average volume of 212,480. The firm has a 50-day simple moving average of $240.76 and a 200 day simple moving average of $217.17. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $274.50. 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 company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 55.02, a P/E/G ratio of 2.25 and a beta of 1.41.

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, topping the consensus estimate of $2.35 by $0.50. The firm had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business's revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 fiscal year.

Littelfuse Increases Dividend

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

Insider Buying and Selling at Littelfuse

In other news, VP Ryan K. Stafford sold 10,206 shares of the company's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $261.34, for a total value of $2,667,236.04. Following the completion of the sale, the vice president owned 30,727 shares in the company, valued at $8,030,194.18. This represents a 24.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director T J. Chung sold 2,343 shares of the firm'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 transaction, the director directly owned 18,730 shares in the company, valued at $4,609,640.30. The trade was a 11.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,759 shares of company stock worth $6,697,362. Corporate 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.