Tributary Capital Management LLC boosted its position in Littelfuse, Inc. (NASDAQ:LFUS – Free Report) by 1,026.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 65,947 shares of the technology company’s stock after purchasing an additional 60,090 shares during the period. Tributary Capital Management LLC’s holdings in Littelfuse were worth $14,952,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in LFUS. Legacy Wealth Asset Management LLC increased its stake in Littelfuse by 44.7% in the second quarter. Legacy Wealth Asset Management LLC now owns 2,589 shares of the technology company’s stock valued at $587,000 after acquiring an additional 800 shares during the last quarter. Hoese & Co LLP lifted its holdings in Littelfuse by 781.3% in the second quarter. Hoese & Co LLP now owns 282 shares of the technology company’s stock worth $64,000 after buying an additional 250 shares during the period. Nordea Investment Management AB lifted its holdings in Littelfuse by 39.5% in the second quarter. Nordea Investment Management AB now owns 311,436 shares of the technology company’s stock worth $70,687,000 after buying an additional 88,151 shares during the period. Praxis Investment Management Inc. purchased a new position in shares of Littelfuse during the second quarter valued at approximately $519,000. Finally, Allianz Asset Management GmbH lifted its holdings in shares of Littelfuse by 9.8% during the second quarter. Allianz Asset Management GmbH now owns 19,092 shares of the technology company’s stock valued at $4,329,000 after purchasing an additional 1,698 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.
Insiders Place Their Bets
In related news, Director T J. Chung sold 2,343 shares of the firm’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the completion of the transaction, the director owned 18,730 shares of the company’s stock, valued at $4,609,640.30. This trade represents a 11.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Alexander Conrad sold 13,210 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the transaction, the senior vice president directly owned 3,427 shares of the company’s stock, valued at approximately $895,920.61. This trade represents a 79.40% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,759 shares of company stock valued at $6,697,362. Insiders own 2.50% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on LFUS
Littelfuse Price Performance
Shares of LFUS opened at $262.70 on Thursday. Littelfuse, Inc. has a fifty-two week low of $142.10 and a fifty-two week high of $272.83. The company has a 50 day moving average price of $260.14 and a 200-day moving average price of $228.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. The stock has a market capitalization of $6.51 billion, a PE ratio of 54.73, a PEG ratio of 2.18 and a beta of 1.45.
Littelfuse (NASDAQ:LFUS – Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, beating analysts’ consensus estimates of $2.35 by $0.50. The company had revenue of $613.41 million during the quarter, compared to analysts’ expectations of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. Littelfuse’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Equities analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.
Littelfuse 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.
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