Nuveen LLC Buys Shares of 59,056 Littelfuse, Inc. $LFUS

Nuveen LLC bought a new stake in Littelfuse, Inc. (NASDAQ:LFUS) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 59,056 shares of the technology company’s stock, valued at approximately $11,619,000.

Other institutional investors also recently made changes to their positions in the company. First Horizon Advisors Inc. raised its position in shares of Littelfuse by 228.2% in the 1st quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock valued at $25,000 after purchasing an additional 89 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Littelfuse by 30.5% during the 1st quarter. Fifth Third Bancorp now owns 325 shares of the technology company’s stock valued at $64,000 after acquiring an additional 76 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Littelfuse by 105.6% during the 1st quarter. Parallel Advisors LLC now owns 333 shares of the technology company’s stock valued at $66,000 after acquiring an additional 171 shares in the last quarter. Global X Japan Co. Ltd. raised its position in shares of Littelfuse by 33.5% during the 1st quarter. Global X Japan Co. Ltd. now owns 347 shares of the technology company’s stock valued at $68,000 after acquiring an additional 87 shares in the last quarter. Finally, Bayforest Capital Ltd raised its position in shares of Littelfuse by 42.8% during the 1st quarter. Bayforest Capital Ltd now owns 367 shares of the technology company’s stock valued at $72,000 after acquiring an additional 110 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director T J. Chung sold 2,343 shares of the company’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $246.11, for a total transaction of $576,635.73. Following the completion of the transaction, the director directly owned 18,730 shares in the company, valued at $4,609,640.30. This represents a 11.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on LFUS shares. Benchmark reissued a “hold” rating on shares of Littelfuse in a research report on Wednesday, May 28th. Robert W. Baird upped their price target on Littelfuse from $182.00 to $194.00 and gave the company a “neutral” rating in a research report on Thursday, May 1st. Oppenheimer dropped their price target on Littelfuse from $310.00 to $275.00 and set an “outperform” rating on the stock in a research report on Thursday, May 1st. Finally, Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Littelfuse presently has a consensus rating of “Hold” and an average price target of $234.50.

Littelfuse Price Performance

Shares of LFUS opened at $262.94 on Friday. The company has a market cap of $6.52 billion, a P/E ratio of 54.78, a PEG ratio of 2.15 and a beta of 1.41. The stock has a fifty day moving average price of $238.15 and a 200 day moving average price of $216.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.06 and a quick ratio of 2.98. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.56.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $0.50. The firm had revenue of $613.41 million during the quarter, compared to the consensus estimate of $571.04 million. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.97 EPS. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, research analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, August 21st. This is an increase from Littelfuse’s previous quarterly dividend of $0.70. Littelfuse’s dividend payout ratio (DPR) 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.