Thematics Asset Management Has $13.99 Million Position 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 lowered its position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 7.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,099 shares of the technology company's stock after selling 5,901 shares during the quarter. Thematics Asset Management owned about 0.29% of Littelfuse worth $13,988,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. First Horizon Advisors Inc. boosted its holdings in Littelfuse by 228.2% during the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company's stock worth $25,000 after buying an additional 89 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of Littelfuse in the 1st quarter valued at $29,000. Fifth Third Bancorp lifted its position in Littelfuse by 30.5% during the 1st 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 holdings in shares of Littelfuse by 105.6% during the 1st quarter. Parallel Advisors LLC now owns 333 shares of the technology company's stock worth $66,000 after purchasing an additional 171 shares during the period. Finally, Global X Japan Co. Ltd. increased its stake in 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 acquiring an additional 87 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Insider Transactions at Littelfuse

In other Littelfuse news, SVP Alexander Conrad sold 13,210 shares of the firm's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $261.43, for a total value of $3,453,490.30. Following the transaction, the senior vice president directly owned 3,427 shares of the company's stock, valued at $895,920.61. This trade represents a 79.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director T J. Chung sold 2,343 shares of Littelfuse stock in a transaction that occurred on Monday, August 11th. The shares were 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 $4,609,640.30. This trade represents a 11.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,759 shares of company stock worth $6,697,362. 2.50% of the stock is owned by insiders.

Littelfuse Stock Down 1.6%

Littelfuse stock traded down $4.33 during mid-day trading on Friday, reaching $259.75. The company's stock had a trading volume of 56,922 shares, compared to its average volume of 211,529. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 54.11, a price-to-earnings-growth ratio of 2.25 and a beta of 1.41. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $274.50. The business's 50 day simple moving average is $241.65 and its 200 day simple moving average is $217.37. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly 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. The firm had revenue of $613.41 million during the quarter, compared to analysts' expectations of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The company's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.75 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Littelfuse's previous quarterly dividend of $0.70. Littelfuse's dividend payout ratio is 62.50%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LFUS. Robert W. Baird upped their price objective on shares of Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Benchmark restated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Wall Street Zen lowered shares of Littelfuse from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. Finally, Oppenheimer cut their target price on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $234.50.

Littelfuse 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.