United Services Automobile Association Makes New Investment in Littelfuse, Inc. $LFUS

Key Points

• United Services Automobile Association acquired a new position in Littelfuse, purchasing 1,620 shares valued at approximately $326,000 during the first quarter.
• Littelfuse reported earnings of $2.85 per share for the last quarter, exceeding analysts' expectations and showing a 9.8% year-over-year revenue growth.
• The company increased its quarterly dividend from $0.70 to $0.75 per share, reflecting a positive outlook for investors.

United Services Automobile Association purchased a new position in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,620 shares of the technology company's stock, valued at approximately $326,000.

Several other hedge funds have also added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its stake in shares of Littelfuse by 21.2% during the fourth quarter. BNP Paribas Financial Markets now owns 3,453 shares of the technology company's stock valued at $814,000 after acquiring an additional 605 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Littelfuse by 8.2% during the fourth quarter. Cetera Investment Advisers now owns 2,977 shares of the technology company's stock valued at $702,000 after acquiring an additional 226 shares during the last quarter. Deutsche Bank AG raised its stake in shares of Littelfuse by 478.1% during the fourth quarter. Deutsche Bank AG now owns 9,626 shares of the technology company's stock valued at $2,268,000 after acquiring an additional 7,961 shares during the last quarter. Ethic Inc. bought a new position in shares of Littelfuse during the fourth quarter valued at about $395,000. Finally, Graham Capital Management L.P. purchased a new position in shares of Littelfuse during the fourth quarter valued at about $233,000. 96.14% of the stock is owned by institutional investors.

Littelfuse Price Performance

Shares of LFUS opened at $263.96 on Friday. The firm's 50-day simple moving average is $248.90 and its two-hundred day simple moving average is $218.39. The stock has a market cap of $6.54 billion, a PE ratio of 54.99, a price-to-earnings-growth ratio of 2.19 and a beta of 1.44. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $271.81. 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 issued its earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) 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 firm posted $1.97 earnings per share. 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 fiscal year.

Littelfuse Increases Dividend

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

Insider Activity at Littelfuse

In related news, SVP Alexander Conrad sold 13,210 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 3,427 shares in the company, valued at $895,920.61. This represents a 79.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director T J. Chung sold 2,343 shares of the 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 transaction, the director owned 18,730 shares in the company, valued at approximately $4,609,640.30. This trade represents a 11.12% decrease in their position. 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 quarter. Company insiders own 2.50% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LFUS. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. Zacks Research upgraded shares of Littelfuse from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. Finally, Wall Street Zen upgraded shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.

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