Voya Investment Management LLC Increases Holdings in Littelfuse, Inc. $LFUS

Voya Investment Management LLC increased its position in Littelfuse, Inc. (NASDAQ:LFUS) by 15.1% in the 1st quarter, Holdings Channel reports. The firm owned 204,054 shares of the technology company’s stock after buying an additional 26,711 shares during the period. Voya Investment Management LLC’s holdings in Littelfuse were worth $40,146,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its stake in 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 last quarter. AlphaQuest LLC purchased a new stake in Littelfuse in the 1st quarter valued at approximately $29,000. Advisors Asset Management Inc. lifted its stake in Littelfuse by 42.0% in the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock valued at $61,000 after buying an additional 92 shares in the last quarter. Quarry LP purchased a new stake in Littelfuse in the 1st quarter valued at approximately $63,000. Finally, Fifth Third Bancorp lifted its stake in Littelfuse by 30.5% in the 1st 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. 96.14% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Littelfuse news, VP Ryan K. Stafford sold 10,206 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $261.34, for a total value of $2,667,236.04. Following the transaction, the vice president directly owned 30,727 shares of the company’s stock, valued at approximately $8,030,194.18. This trade represents a 24.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction 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 directly owned 3,427 shares in the company, valued at approximately $895,920.61. This represents a 79.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,759 shares of company stock valued at $6,697,362 over the last three months. 2.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on LFUS shares. Benchmark reissued a “hold” rating on shares of Littelfuse in a research note on Wednesday, May 28th. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Finally, Zacks Research upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $234.50.

Littelfuse Stock Down 2.7%

Shares of LFUS opened at $263.96 on Friday. The company has a 50-day simple moving average of $248.90 and a 200-day simple moving average of $218.24. The firm has a market capitalization of $6.54 billion, a P/E ratio of 54.99, a P/E/G ratio of 2.19 and a beta of 1.44. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $271.81.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $613.41 million during the quarter, compared to analyst estimates of $571.04 million. During the same quarter in the prior year, the business posted $1.97 earnings per share. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, equities research analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.1%. This is an increase from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Thursday, August 21st. Littelfuse’s payout ratio is currently 62.50%.

Littelfuse Company 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.