PNC Financial Services Group Inc. Lowers Position in Littelfuse, Inc. $LFUS

PNC Financial Services Group Inc. decreased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 8.8% during the second quarter, Holdings Channel.com reports. The firm owned 3,413 shares of the technology company’s stock after selling 329 shares during the period. PNC Financial Services Group Inc.’s holdings in Littelfuse were worth $774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Huntington National Bank boosted its holdings in Littelfuse by 264.7% during the second quarter. Huntington National Bank now owns 124 shares of the technology company’s stock worth $28,000 after buying an additional 90 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Littelfuse in the first quarter worth about $29,000. Parkside Financial Bank & Trust boosted its stake in shares of Littelfuse by 165.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 231 shares of the technology company’s stock worth $52,000 after acquiring an additional 144 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Littelfuse during the 2nd quarter worth about $58,000. Finally, Advisors Asset Management Inc. grew its position in shares of Littelfuse by 42.0% during the 1st quarter. Advisors Asset Management Inc. now owns 311 shares of the technology company’s stock valued at $61,000 after acquiring an additional 92 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Stock Up 2.7%

Shares of LFUS opened at $241.20 on Friday. The stock has a 50 day moving average price of $254.86 and a 200 day moving average price of $241.10. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.00. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 45.94, a PEG ratio of 2.04 and a beta of 1.50.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, October 29th. The technology company reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.20. The company had revenue of $624.64 million for the quarter, compared to analysts’ expectations of $623.70 million. Littelfuse had a net margin of 5.66% and a return on equity of 9.89%. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.71 EPS. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. Equities research analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 20th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 20th. Littelfuse’s dividend payout ratio is currently 57.14%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Robert W. Baird raised Littelfuse from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $290.00 to $310.00 in a report on Friday, October 10th. Benchmark restated a “hold” rating on shares of Littelfuse in a research report on Thursday, October 30th. Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Baird R W raised shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Littelfuse in a report on Wednesday, October 8th. One research 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 company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $292.50.

Insider Transactions at Littelfuse

In other news, VP Ryan K. Stafford sold 10,206 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.34, for a total value of $2,667,236.04. Following the completion of the sale, the vice president directly owned 30,727 shares in the company, valued at $8,030,194.18. This represents a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.43, for a total value of $3,453,490.30. Following the transaction, the senior vice president owned 3,427 shares in the company, valued at approximately $895,920.61. The trade was a 79.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.50% of the stock is currently owned by corporate insiders.

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.