Free Trial

Vanguard Personalized Indexing Management LLC Grows Position in Littelfuse, Inc. $LFUS

Littelfuse logo with Computer and Technology background

Key Points

  • Vanguard Personalized Indexing Management LLC increased its stake in Littelfuse, Inc. by 103.0% in Q2, holding 5,293 shares valued at $1.2 million.
  • Several analysts have modified their ratings on Littelfuse, with Baird R W upgrading it to a strong-buy and setting a new price target of $310.00.
  • Littelfuse recently announced a dividend increase to $0.75 per share, representing an annual yield of 1.1%.
  • MarketBeat previews the top five stocks to own by November 1st.

Vanguard Personalized Indexing Management LLC grew its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 103.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,293 shares of the technology company's stock after purchasing an additional 2,685 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Littelfuse were worth $1,200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Oppenheimer Asset Management Inc. lifted its stake in shares of Littelfuse by 1.1% in the first quarter. Oppenheimer Asset Management Inc. now owns 6,142 shares of the technology company's stock valued at $1,208,000 after purchasing an additional 69 shares during the period. Fifth Third Bancorp increased its holdings in Littelfuse by 30.5% in the first quarter. Fifth Third Bancorp now owns 325 shares of the technology company's stock valued at $64,000 after buying an additional 76 shares in the last quarter. Petrus Trust Company LTA lifted its position in shares of Littelfuse by 4.6% during the 1st quarter. Petrus Trust Company LTA now owns 1,907 shares of the technology company's stock valued at $375,000 after acquiring an additional 84 shares during the period. First Horizon Advisors Inc. lifted 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 valued at $25,000 after acquiring an additional 89 shares during the period. Finally, FourThought Financial Partners LLC boosted its stake in shares of Littelfuse by 5.1% during the 1st quarter. FourThought Financial Partners LLC now owns 1,896 shares of the technology company's stock worth $373,000 after acquiring an additional 92 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LFUS shares. Zacks Research downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of Littelfuse in a report on Wednesday, October 8th. Baird R W upgraded Littelfuse from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 10th. Robert W. Baird upgraded shares of Littelfuse from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $290.00 to $310.00 in a research report on Friday, October 10th. Finally, Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $292.50.

Read Our Latest Analysis on LFUS

Insider Buying and Selling at Littelfuse

In related news, VP Ryan K. Stafford sold 10,206 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the transaction, the vice president directly owned 30,727 shares in the company, valued at approximately $8,030,194.18. This represents a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director T J. Chung sold 2,343 shares of Littelfuse stock in a transaction dated 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 trade represents a 11.12% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 25,759 shares of company stock worth $6,697,362. Insiders own 2.50% of the company's stock.

Littelfuse Stock Down 0.8%

LFUS opened at $264.93 on Friday. The firm has a market cap of $6.56 billion, a P/E ratio of 55.19, a PEG ratio of 2.14 and a beta of 1.45. The business's fifty day simple moving average is $259.38 and its 200 day simple moving average is $226.56. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $271.81. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The company had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. During the same period in the prior year, the firm earned $1.97 EPS. The firm's quarterly revenue was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, equities research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Increases Dividend

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

About Littelfuse

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding LFUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Littelfuse, Inc. (NASDAQ:LFUS - Free Report).

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Littelfuse Right Now?

Before you consider Littelfuse, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Littelfuse wasn't on the list.

While Littelfuse currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.