Wedge Capital Management L L P NC Sells 3,912 Shares of Littelfuse, Inc. $LFUS

by · The Cerbat Gem

Wedge Capital Management L L P NC decreased its position in shares of Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 21.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,338 shares of the technology company’s stock after selling 3,912 shares during the period. Wedge Capital Management L L P NC owned approximately 0.06% of Littelfuse worth $3,714,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Huntington National Bank grew its stake in shares of Littelfuse by 264.7% in the second quarter. Huntington National Bank now owns 124 shares of the technology company’s stock valued at $28,000 after acquiring an additional 90 shares in the last quarter. AlphaQuest LLC acquired a new stake in Littelfuse in the 1st quarter worth about $29,000. Traub Capital Management LLC acquired a new position in shares of Littelfuse during the 2nd quarter worth approximately $29,000. Steph & Co. bought a new position 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 in the second quarter valued at approximately $33,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Littelfuse Stock Up 0.5%

Shares of NASDAQ LFUS opened at $256.25 on Tuesday. The stock has a 50-day moving average price of $253.85 and a two-hundred day moving average price of $248.65. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.00. The company has a current ratio of 4.00, a quick ratio of 3.05 and a debt-to-equity ratio of 0.30. The company has a market cap of $6.38 billion, a price-to-earnings ratio of 48.81, a PEG ratio of 2.02 and a beta of 1.43.

Littelfuse (NASDAQ:LFUS – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The technology company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 5.66% and a return on equity of 9.89%. The firm’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.71 EPS. Littelfuse has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The company 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 1.2%. The ex-dividend date was Thursday, November 20th. Littelfuse’s dividend payout ratio is presently 57.14%.

Insider Activity at Littelfuse

In related news, SVP Peter Sung-Jip Kim sold 2,049 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $270.02, for a total transaction of $553,270.98. Following the sale, the senior vice president owned 10,175 shares in the company, valued at $2,747,453.50. The trade was a 16.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Ryan K. Stafford sold 2,162 shares of the company’s stock in a transaction dated 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 transaction, the vice president directly owned 28,591 shares of the company’s stock, valued at approximately $7,671,251.21. The trade was a 7.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 14,034 shares of company stock valued at $3,670,025 in the last 90 days. 2.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

LFUS has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Littelfuse in a research note on Wednesday, October 8th. Zacks Research cut 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 report on Friday, October 10th. Benchmark reissued a “hold” rating on shares of Littelfuse in a report on Thursday, October 30th. Finally, Wall Street Zen cut shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $292.50.

Get Our Latest Stock 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.

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