UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 106,912 Shares of Littelfuse, Inc. $LFUS

Key Points

• UBS Asset Management significantly increased its stake in Littelfuse, Inc., acquiring an additional 106,912 shares, raising their total ownership to 216,208 shares, valued at approximately $42.54 million.
• Insider selling included T J. Chung and Alexander Conrad, who sold 2,343 and 13,210 shares, respectively, reflecting a notable decline in their ownership stakes.
• Analysts have upgraded Littelfuse's stock rating to strong-buy, with an average target price of $234.50, indicating strong growth prospects in the technology sector.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 97.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,208 shares of the technology company's stock after acquiring an additional 106,912 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.87% of Littelfuse worth $42,537,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Teacher Retirement System of Texas boosted its stake in Littelfuse by 80.5% during the 1st quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company's stock worth $988,000 after acquiring an additional 2,240 shares during the last quarter. Millennium Management LLC lifted its stake in Littelfuse by 806.0% in the fourth quarter. Millennium Management LLC now owns 19,253 shares of the technology company's stock valued at $4,537,000 after buying an additional 17,128 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Littelfuse by 1.9% in the first quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company's stock valued at $26,963,000 after buying an additional 2,571 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Littelfuse by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company's stock valued at $61,953,000 after buying an additional 2,362 shares in the last quarter. Finally, Advantage Alpha Capital Partners LP bought a new position in Littelfuse in the first quarter valued at approximately $3,024,000. Institutional investors own 96.14% of the company's stock.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the company's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $246.11, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Alexander Conrad sold 13,210 shares of the company's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the completion of the transaction, the senior vice president owned 3,427 shares in the company, valued at approximately $895,920.61. This represents a 79.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,759 shares of company stock worth $6,697,362 over the last ninety days. Insiders own 2.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Zacks Research raised shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 3rd. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Finally, Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research note on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Littelfuse currently has an average rating of "Moderate Buy" and an average target price of $234.50.

Littelfuse Price Performance

Shares of LFUS opened at $263.96 on Monday. The company has a market cap of $6.54 billion, a price-to-earnings ratio of 54.99, a PEG ratio of 2.14 and a beta of 1.44. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $271.81. The company's fifty day simple moving average is $248.90 and its 200 day simple moving average is $218.13. 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 (NASDAQ:LFUS - Get Free Report) last issued 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 business 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 firm's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, research analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

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

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.

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