Voya Investment Management LLC Buys 26,711 Shares of Littelfuse, Inc. $LFUS

Key Points

• Voya Investment Management LLC increased its stake in Littelfuse, purchasing an additional 26,711 shares, bringing their total ownership to 204,054 shares, worth approximately $40.1 million.
• Littelfuse recently announced a quarterly dividend increase to $0.75 per share, up from $0.70, reflecting an annualized dividend of $3.00.
• After a recent earnings report, Littelfuse reported earnings per share of $2.85, exceeding analysts' expectations of $2.35, with revenue of $613.41 million, a year-over-year increase of 9.8%.

Voya Investment Management LLC increased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 15.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 204,054 shares of the technology company's stock after purchasing an additional 26,711 shares during the quarter. Voya Investment Management LLC owned 0.83% of Littelfuse worth $40,146,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of LFUS. Alyeska Investment Group L.P. bought a new position in Littelfuse in the 1st quarter valued at $43,574,000. Van Lanschot Kempen Investment Management N.V. grew its position in Littelfuse by 39.9% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,215 shares of the technology company's stock valued at $121,628,000 after acquiring an additional 176,243 shares during the last quarter. GAMMA Investing LLC grew its position in Littelfuse by 60,177.7% in the 1st quarter. GAMMA Investing LLC now owns 113,322 shares of the technology company's stock valued at $22,295,000 after acquiring an additional 113,134 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Littelfuse by 97.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 216,208 shares of the technology company's stock valued at $42,537,000 after acquiring an additional 106,912 shares during the last quarter. Finally, Shellback Capital LP bought a new position in Littelfuse in the 1st quarter valued at $13,907,000. Institutional investors own 96.14% of the company's stock.

Insider Activity

In related news, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The stock was 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 approximately $895,920.61. This trade represents a 79.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director T J. Chung sold 2,343 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $246.11, for a total value of $576,635.73. Following the sale, the director directly owned 18,730 shares of the company's stock, 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. 2.50% of the stock is currently owned by corporate insiders.

Littelfuse Trading Down 2.7%

Littelfuse stock opened at $263.96 on Friday. The stock has a 50-day moving average of $248.90 and a two-hundred day moving average of $218.24. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. 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 one year low of $142.10 and a one year high of $271.81.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 earnings per share for the quarter, beating analysts' consensus estimates of $2.35 by $0.50. The business had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The company's revenue was up 9.8% on a year-over-year basis. During the same period in the prior 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 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. Stockholders of record on Thursday, August 21st were given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. This is a boost from Littelfuse's previous quarterly dividend of $0.70. The ex-dividend date was Thursday, August 21st. Littelfuse's dividend payout ratio (DPR) is 62.50%.

Analysts Set New Price Targets

Several brokerages have commented on LFUS. Zacks Research raised Littelfuse from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. Finally, Wall Street Zen raised Littelfuse from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock 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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