Mutual of America Capital Management LLC trimmed its position in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 3.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 12,291 shares of the technology company’s stock after selling 480 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Littelfuse were worth $2,787,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the stock. Hoese & Co LLP boosted its holdings in shares of Littelfuse by 781.3% in the second quarter. Hoese & Co LLP now owns 282 shares of the technology company’s stock worth $64,000 after acquiring an additional 250 shares during the period. Nordea Investment Management AB boosted its holdings in shares of Littelfuse by 39.5% in the second quarter. Nordea Investment Management AB now owns 311,436 shares of the technology company’s stock worth $70,687,000 after acquiring an additional 88,151 shares during the period. Praxis Investment Management Inc. bought a new position in shares of Littelfuse in the second quarter worth $519,000. Allianz Asset Management GmbH boosted its holdings in shares of Littelfuse by 9.8% in the second quarter. Allianz Asset Management GmbH now owns 19,092 shares of the technology company’s stock worth $4,329,000 after acquiring an additional 1,698 shares during the period. Finally, Bayforest Capital Ltd boosted its holdings in shares of Littelfuse by 158.6% in the second quarter. Bayforest Capital Ltd now owns 949 shares of the technology company’s stock worth $215,000 after acquiring an additional 582 shares during the period. 96.14% of the stock is owned by institutional investors.
Analyst Ratings Changes
LFUS has been the subject of a number of analyst reports. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Zacks Research downgraded Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Baird R W upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Littelfuse in a research report on Wednesday, October 8th. Finally, Robert W. Baird upgraded Littelfuse from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $290.00 to $310.00 in a research report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $292.50.
Littelfuse Trading Up 0.0%
Shares of LFUS stock opened at $269.35 on Friday. The business’s fifty day moving average is $260.78 and its 200 day moving average is $229.93. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $273.98. 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 company has a market capitalization of $6.67 billion, a PE ratio of 56.11, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45.
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its quarterly earnings results 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. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The business had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. During the same quarter last year, the business posted $1.97 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, equities research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.
Insider Buying and Selling at Littelfuse
In other Littelfuse news, VP Ryan K. Stafford sold 10,206 shares of the firm’s 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 sale, the vice president owned 30,727 shares in the company, valued at $8,030,194.18. This trade represents a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director T J. Chung sold 2,343 shares of the firm’s 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 sale, the director owned 18,730 shares in the company, valued at $4,609,640.30. The trade was a 11.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,759 shares of company stock worth $6,697,362 over the last 90 days. Corporate insiders own 2.50% of the company’s stock.
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.
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