Confluence Investment Management LLC Purchases Shares of 5,265 Littelfuse, Inc. $LFUS

Confluence Investment Management LLC acquired a new stake in Littelfuse, Inc. (NASDAQ:LFUSFree Report) in the third quarter, HoldingsChannel reports. The institutional investor acquired 5,265 shares of the technology company’s stock, valued at approximately $1,364,000.

Several other institutional investors have also made changes to their positions in the business. Neuberger Berman Group LLC increased its stake in Littelfuse by 2.6% in the second quarter. Neuberger Berman Group LLC now owns 1,068,927 shares of the technology company’s stock valued at $242,358,000 after acquiring an additional 26,824 shares during the period. Norges Bank bought a new stake in shares of Littelfuse in the 2nd quarter valued at approximately $114,721,000. Geode Capital Management LLC grew its stake in shares of Littelfuse by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 461,098 shares of the technology company’s stock valued at $104,561,000 after purchasing an additional 1,438 shares during the period. American Century Companies Inc. raised its holdings in shares of Littelfuse by 23.6% in the 2nd quarter. American Century Companies Inc. now owns 346,527 shares of the technology company’s stock worth $78,569,000 after buying an additional 66,267 shares in the last quarter. Finally, Copeland Capital Management LLC lifted its position in shares of Littelfuse by 31.3% during the 2nd quarter. Copeland Capital Management LLC now owns 333,199 shares of the technology company’s stock worth $75,546,000 after buying an additional 79,507 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on LFUS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. Benchmark restated a “hold” rating on shares of Littelfuse in a research note on Thursday, October 30th. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Baird R W raised shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, Wall Street Zen lowered shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $292.50.

Read Our Latest Analysis on LFUS

Insider Activity

In related news, VP Ryan K. Stafford sold 2,162 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $268.31, for a total value of $580,086.22. Following the completion of the sale, the vice president owned 28,591 shares of the company’s stock, valued at $7,671,251.21. This trade represents a 7.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Peter Sung-Jip Kim sold 2,049 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $270.02, for a total value of $553,270.98. Following the transaction, the senior vice president directly owned 10,175 shares in the company, valued at approximately $2,747,453.50. This represents a 16.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 14,034 shares of company stock valued at $3,670,025 over the last three months. 2.50% of the stock is owned by insiders.

Littelfuse Price Performance

Shares of LFUS stock opened at $259.00 on Wednesday. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $275.00. The stock has a market capitalization of $6.45 billion, a PE ratio of 49.33, a PEG ratio of 2.03 and a beta of 1.43. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.05 and a current ratio of 4.00. The stock’s fifty day moving average is $253.82 and its 200-day moving average is $248.94.

Littelfuse (NASDAQ:LFUSGet Free Report) last released its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $0.20. Littelfuse had a return on equity of 9.89% and a net margin of 5.66%.The business had revenue of $624.64 million during the quarter, compared to analysts’ expectations of $623.70 million. During the same period in the previous year, the business posted $2.71 earnings per share. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. Equities research analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, November 20th. Littelfuse’s dividend payout ratio is presently 57.14%.

About Littelfuse

(Free Report)

Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.

The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.

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:LFUSFree Report).

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter.