Neuberger Berman Group LLC Sells 149,110 Shares of Littelfuse, Inc. $LFUS

Neuberger Berman Group LLC lowered its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 13.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 919,817 shares of the technology company’s stock after selling 149,110 shares during the period. Neuberger Berman Group LLC’s holdings in Littelfuse were worth $238,242,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Blue Trust Inc. lifted its stake 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. Huntington National Bank increased its position in Littelfuse by 264.7% in 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 during the last quarter. Traub Capital Management LLC purchased a new stake in Littelfuse in the second quarter worth $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Littelfuse in the third quarter valued at $31,000. Finally, Steph & Co. bought a new stake in shares of Littelfuse in the third quarter valued at $32,000. Institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LFUS. Wall Street Zen downgraded Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. UBS Group set a $360.00 price objective on Littelfuse in a research note on Thursday, January 29th. Weiss Ratings downgraded shares of Littelfuse from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, February 20th. Oppenheimer set a $380.00 target price on shares of Littelfuse in a research report on Thursday, January 29th. Finally, Robert W. Baird set a $360.00 target price on shares of Littelfuse in a research note on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $364.00.

Insider Activity at Littelfuse

In related news, SVP Peter Sung-Jip Kim sold 5,488 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $326.35, for a total transaction 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 represents a 35.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Anthony Grillo sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $346.24, for a total transaction of $1,731,200.00. Following the completion of the sale, the director owned 69,423 shares in the company, valued at $24,037,019.52. This represents a 6.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 53,223 shares of company stock valued at $17,361,121 in the last quarter. 2.50% of the stock is currently owned by company insiders.

Littelfuse Stock Performance

Shares of LFUS opened at $302.28 on Friday. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $380.00. The stock’s 50-day simple moving average is $316.88 and its 200 day simple moving average is $277.55. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.91 and a current ratio of 2.69. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of -104.23, a price-to-earnings-growth ratio of 2.08 and a beta of 1.41.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The business 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 EPS. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Littelfuse has set its Q1 2026 guidance at 2.700-2.900 EPS. Research analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Thursday, February 19th were paid a dividend of $0.75 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.00 annualized dividend and a yield of 1.0%. Littelfuse’s payout ratio 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.