Van Lanschot Kempen Investment Management N.V. Boosts Stake in Littelfuse, Inc. $LFUS

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Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 39.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 618,215 shares of the technology company's stock after purchasing an additional 176,243 shares during the period. Littelfuse accounts for approximately 1.3% of Van Lanschot Kempen Investment Management N.V.'s investment portfolio, making the stock its 22nd biggest position. Van Lanschot Kempen Investment Management N.V. owned approximately 2.50% of Littelfuse worth $121,628,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. raised its position in shares of Littelfuse by 228.2% during the 1st 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 last quarter. Fifth Third Bancorp raised its position in shares of 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 purchasing an additional 76 shares during the last quarter. Parallel Advisors LLC raised its position 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 last quarter. Global X Japan Co. Ltd. raised its position in shares of Littelfuse by 33.5% during the 1st 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 last quarter. Finally, Bayforest Capital Ltd raised its position in shares of Littelfuse by 42.8% during the 1st quarter. Bayforest Capital Ltd now owns 367 shares of the technology company's stock worth $72,000 after purchasing an additional 110 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Littelfuse Trading Up 5.1%

Shares of Littelfuse stock traded up $12.83 during mid-day trading on Friday, hitting $262.94. The stock had a trading volume of 210,136 shares, compared to its average volume of 207,951. The firm has a 50-day moving average of $238.15 and a two-hundred day moving average of $216.57. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $275.56. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. The firm has a market cap of $6.52 billion, a P/E ratio of 54.78, a price-to-earnings-growth ratio of 2.15 and a beta of 1.41.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings results 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. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business had revenue of $613.41 million during the quarter, compared to analysts' expectations of $571.04 million. During the same quarter in the prior year, the company posted $1.97 EPS. The business's revenue for the quarter was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Sell-side analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current 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 paid a $0.75 dividend. This is a positive change from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. Littelfuse's dividend payout ratio is currently 62.50%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Oppenheimer cut their price objective 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. Benchmark reiterated a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Robert W. Baird increased their price objective on shares of Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating 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 report on Saturday. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Littelfuse currently has a consensus rating of "Hold" and a consensus target price of $234.50.

Insider Buying and Selling at Littelfuse

In other news, 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 value of $576,635.73. Following the completion of the sale, the director owned 18,730 shares of the company's stock, valued at $4,609,640.30. This represents a 11.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.50% of the stock is currently owned by company insiders.

About Littelfuse

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.