Legal & General Group Plc Trims Stake in Littelfuse, Inc. $LFUS

Legal & General Group Plc lessened its position in Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 19.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 37,889 shares of the technology company’s stock after selling 8,952 shares during the quarter. Legal & General Group Plc’s holdings in Littelfuse were worth $9,583,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Key Capital Management INC acquired a new position in Littelfuse during the 4th quarter worth $25,000. V Square Quantitative Management LLC acquired a new position in Littelfuse during the 4th quarter worth $30,000. Smartleaf Asset Management LLC grew its stake in Littelfuse by 1,025.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 135 shares of the technology company’s stock worth $35,000 after purchasing an additional 123 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Littelfuse by 57.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 134 shares of the technology company’s stock worth $35,000 after purchasing an additional 49 shares in the last quarter. Finally, Quarry LP acquired a new position in Littelfuse during the 3rd quarter worth $36,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Insider Buying and Selling at Littelfuse

In related news, SVP Maggie Chu sold 11,397 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total value of $4,963,165.56. Following the sale, the senior vice president owned 6,001 shares in the company, valued at $2,613,315.48. This represents a 65.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 12,494 shares of company stock valued at $5,394,954. Corporate insiders own 1.00% of the company’s stock.

Littelfuse Stock Down 0.9%

LFUS opened at $480.24 on Friday. The business has a 50 day moving average price of $412.10 and a two-hundred day moving average price of $338.20. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21. The company has a market cap of $12.15 billion, a PE ratio of -284.16, a P/E/G ratio of 2.72 and a beta of 1.48. Littelfuse, Inc. has a 52 week low of $213.08 and a 52 week high of $500.57.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.48. The business had revenue of $656.97 million during the quarter, compared to the consensus estimate of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The company’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.19 EPS. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, research analysts anticipate that Littelfuse, Inc. will post 14.86 EPS for the current year.

Littelfuse Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were issued a $0.75 dividend. The ex-dividend date was Thursday, May 21st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.6%. Littelfuse’s dividend payout ratio is currently -177.51%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Oppenheimer boosted their target price on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Williams Trading set a $520.00 target price on Littelfuse in a research note on Thursday, May 7th. Weiss Ratings cut Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 13th. Needham & Company LLC reissued a “buy” rating and set a $520.00 target price on shares of Littelfuse in a research note on Monday, May 18th. Finally, Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Littelfuse presently has an average rating of “Buy” and a consensus target price of $436.67.

Read Our Latest Report on Littelfuse

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.

See Also

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.