Littelfuse (NASDAQ:LFUS) Stock Acquired Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently bought shares of Littelfuse, Inc. NASDAQ: LFUS. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Littelfuse stock on April 17th.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

Littelfuse Stock Up 1.0%

LFUS stock traded up $2.22 during trading on Tuesday, hitting $219.94. 263,844 shares of the stock traded hands, compared to its average volume of 158,401. The stock has a market cap of $5.44 billion, a price-to-earnings ratio of 48.88, a price-to-earnings-growth ratio of 2.24 and a beta of 1.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62. Littelfuse, Inc. has a 1 year low of $142.10 and a 1 year high of $275.58. The firm's 50 day moving average is $186.44 and its two-hundred day moving average is $222.20.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The technology company reported $2.19 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.37. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. The company had revenue of $554.31 million during the quarter, compared to the consensus estimate of $537.60 million. During the same quarter last year, the firm earned $1.76 earnings per share. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Thursday, May 22nd. Littelfuse's payout ratio is 64.81%.

Analysts Set New Price Targets

LFUS has been the topic of several research reports. Benchmark restated a "hold" rating on shares of Littelfuse in a report on Wednesday, April 30th. Baird R W downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. StockNews.com upgraded Littelfuse from a "hold" rating to a "buy" rating in a research report on Tuesday, May 6th. Oppenheimer lowered their target price on Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Finally, Robert W. Baird boosted their price target on Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Littelfuse has an average rating of "Hold" and a consensus target price of $252.25.

Insider Buying and Selling at Littelfuse

In related news, SVP Deepak Nayar sold 1,477 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $197.50, for a total value of $291,707.50. Following the transaction, the senior vice president now directly owns 5,975 shares of the company's stock, valued at approximately $1,180,062.50. The trade was a 19.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.50% of the company's stock.

Institutional Investors Weigh In On Littelfuse

A number of hedge funds have recently modified their holdings of LFUS. Barclays PLC grew its holdings in Littelfuse by 52.7% during the third quarter. Barclays PLC now owns 11,448 shares of the technology company's stock valued at $3,037,000 after purchasing an additional 3,949 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Littelfuse during the 3rd quarter valued at approximately $84,000. Tidal Investments LLC increased its holdings in Littelfuse by 67.8% in the 3rd quarter. Tidal Investments LLC now owns 5,417 shares of the technology company's stock worth $1,437,000 after acquiring an additional 2,188 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Littelfuse by 4.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,066 shares of the technology company's stock worth $723,000 after acquiring an additional 135 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its holdings in Littelfuse by 1.8% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,560 shares of the technology company's stock valued at $1,310,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 96.14% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.