Littelfuse, Inc. (NASDAQ:LFUS) Shares Sold by Blair William & Co. IL

Blair William & Co. IL decreased its position in Littelfuse, Inc. (NASDAQ:LFUS) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,930 shares of the technology company’s stock after selling 1,752 shares during the quarter. Blair William & Co. IL owned about 0.07% of Littelfuse worth $4,225,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Quent Capital LLC grew its position in Littelfuse by 525.0% in the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock worth $29,000 after buying an additional 105 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Littelfuse by 181.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock worth $38,000 after acquiring an additional 105 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in shares of Littelfuse during the fourth quarter worth $40,000. Smartleaf Asset Management LLC lifted its holdings in shares of Littelfuse by 548.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company’s stock valued at $44,000 after purchasing an additional 159 shares during the last quarter. Finally, Global X Japan Co. Ltd. boosted its position in shares of Littelfuse by 221.0% in the 4th quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company’s stock valued at $61,000 after purchasing an additional 179 shares during the period. Institutional investors own 96.14% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on LFUS shares. Robert W. Baird cut their price objective on Littelfuse from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. StockNews.com lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Thursday, March 27th. Finally, Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.00.

Littelfuse Stock Performance

Shares of NASDAQ LFUS opened at $196.74 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62. Littelfuse, Inc. has a one year low of $193.55 and a one year high of $275.58. The business’s 50-day moving average price is $227.91 and its two-hundred day moving average price is $241.13. The company has a market capitalization of $4.86 billion, a P/E ratio of 43.72, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, hitting analysts’ consensus estimates of $2.04. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. During the same period in the prior year, the company earned $2.02 EPS. Analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Thursday, February 20th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend was Thursday, February 20th. Littelfuse’s payout ratio is 62.22%.

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.