Mairs & Power Inc. reduced its position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 6.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 813,938 shares of the technology company’s stock after selling 52,526 shares during the period. Littelfuse makes up approximately 2.0% of Mairs & Power Inc.’s investment portfolio, making the stock its 16th biggest position. Mairs & Power Inc.’s holdings in Littelfuse were worth $210,818,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in Littelfuse by 1,666.7% in the third quarter. Blue Trust Inc. now owns 106 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Traub Capital Management LLC acquired a new position in shares of Littelfuse in the 2nd quarter valued at approximately $29,000. Cullen Frost Bankers Inc. purchased a new position in shares of Littelfuse during the 3rd quarter valued at approximately $31,000. Steph & Co. acquired a new stake in shares of Littelfuse during the third quarter worth approximately $32,000. Finally, Evelyn Partners Investment Management Services Ltd acquired a new stake in shares of Littelfuse during the second quarter worth approximately $33,000. 96.14% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, SVP Peter Sung-Jip Kim sold 5,488 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $326.35, for a total value of $1,791,008.80. Following the sale, the senior vice president owned 10,175 shares of the company’s stock, valued at approximately $3,320,611.25. This trade represents a 35.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Deepak Nayar sold 8,875 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $321.55, for a total value of $2,853,756.25. Following the transaction, the senior vice president owned 6,009 shares of the company’s stock, valued at $1,932,193.95. This represents a 59.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 49,012 shares of company stock valued at $16,227,764 over the last 90 days. 2.50% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Check Out Our Latest Analysis on Littelfuse
Littelfuse Stock Performance
Shares of LFUS opened at $329.75 on Tuesday. The stock has a market capitalization of $8.28 billion, a PE ratio of -113.71, a price-to-earnings-growth ratio of 2.09 and a beta of 1.41. The business’s fifty day moving average price is $324.67 and its 200 day moving average price is $280.59. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.69 and a quick ratio of 1.91. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $380.00.
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.51 by $0.18. Littelfuse had a negative net margin of 3.00% and a positive return on equity of 10.53%. The firm had revenue of $593.93 million during the quarter, compared to analyst estimates of $583.53 million. During the same quarter in the previous year, the firm earned $2.04 earnings per share. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. Equities research analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current year.
Littelfuse Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Thursday, February 19th were issued a $0.75 dividend. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.00 dividend on an annualized basis and a yield of 0.9%. Littelfuse’s dividend payout ratio (DPR) is currently -103.45%.
About Littelfuse
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.
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