Littelfuse, Inc. $LFUS Stock Position Reduced by Nordea Investment Management AB

Nordea Investment Management AB decreased its position in Littelfuse, Inc. (NASDAQ:LFUS) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 293,280 shares of the technology company’s stock after selling 18,156 shares during the quarter. Nordea Investment Management AB owned 1.18% of Littelfuse worth $75,772,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in LFUS. Blue Trust Inc. lifted its stake in Littelfuse by 1,666.7% during the third quarter. Blue Trust Inc. now owns 106 shares of the technology company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Huntington National Bank lifted its position in shares of Littelfuse by 264.7% in the 2nd quarter. Huntington National Bank now owns 124 shares of the technology company’s stock worth $28,000 after buying an additional 90 shares during the last quarter. Traub Capital Management LLC acquired a new position in shares of Littelfuse in the 2nd quarter valued at about $29,000. Steph & Co. bought a new stake in shares of Littelfuse during the 3rd quarter valued at about $32,000. Finally, Evelyn Partners Investment Management Services Ltd acquired a new stake in Littelfuse during the second quarter worth about $33,000. 96.14% of the stock is owned by institutional investors and hedge funds.

Littelfuse Trading Down 0.3%

Shares of LFUS stock opened at $280.34 on Thursday. Littelfuse, Inc. has a 1 year low of $142.10 and a 1 year high of $282.86. The firm has a market capitalization of $6.98 billion, a PE ratio of 53.40, a price-to-earnings-growth ratio of 1.87 and a beta of 1.43. The stock has a fifty day moving average of $256.42 and a two-hundred day moving average of $253.76. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.05 and a current ratio of 4.00.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.75 by $0.20. The company had revenue of $624.64 million for the quarter, compared to analyst estimates of $623.70 million. Littelfuse had a return on equity of 9.89% and a net margin of 5.66%.The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $2.71 earnings per share. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, research analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, November 20th. Littelfuse’s dividend payout ratio is currently 57.14%.

Insider Activity

In related news, SVP Peter Sung-Jip Kim sold 2,049 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $270.02, for a total transaction of $553,270.98. Following the transaction, the senior vice president owned 10,175 shares in the company, valued at $2,747,453.50. This trade represents a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ryan K. Stafford sold 2,162 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $268.31, for a total value of $580,086.22. Following the completion of the sale, the vice president owned 28,591 shares of the company’s stock, valued at $7,671,251.21. This trade represents a 7.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 14,034 shares of company stock worth $3,670,025 over the last three months. Corporate insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

LFUS has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Littelfuse in a research note on Wednesday, October 8th. Benchmark restated a “hold” rating on shares of Littelfuse in a research report on Thursday, October 30th. Robert W. Baird raised Littelfuse from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $290.00 to $310.00 in a research report on Friday, October 10th. Baird R W upgraded Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $292.50.

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.