Littelfuse, Inc. (NASDAQ:LFUS) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. lifted its holdings in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,825 shares of the technology company's stock after purchasing an additional 16,288 shares during the quarter. American Century Companies Inc. owned 1.01% of Littelfuse worth $59,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in Littelfuse during the fourth quarter valued at $32,865,000. Verition Fund Management LLC purchased a new position in Littelfuse during the third quarter valued at $14,480,000. Thrivent Financial for Lutherans grew its stake in shares of Littelfuse by 13.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 315,741 shares of the technology company's stock valued at $74,405,000 after acquiring an additional 37,583 shares during the period. Harvey Partners LLC increased its stake in shares of Littelfuse by 39.5% in the third quarter. Harvey Partners LLC now owns 132,500 shares of the technology company's stock worth $35,146,000 after purchasing an additional 37,500 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Littelfuse by 26.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 129,836 shares of the technology company's stock valued at $30,473,000 after acquiring an additional 26,975 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

LFUS has been the topic of a number of research analyst reports. Robert W. Baird lowered their price target on Littelfuse from $300.00 to $290.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Benchmark restated a "hold" rating on shares of Littelfuse in a research report on Wednesday, January 29th. Finally, StockNews.com lowered Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Littelfuse presently has an average rating of "Moderate Buy" and an average target price of $280.00.

Littelfuse Trading Down 4.3 %

LFUS stock traded down $9.06 during mid-day trading on Friday, reaching $200.97. The company had a trading volume of 123,749 shares, compared to its average volume of 130,067. Littelfuse, Inc. has a 12 month low of $199.70 and a 12 month high of $275.58. The company has a market capitalization of $4.97 billion, a PE ratio of 44.66, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The firm has a 50 day moving average of $228.63 and a 200 day moving average of $241.51. 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 (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 earnings per share for the quarter, hitting analysts' consensus estimates of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same period last year, the firm earned $2.02 earnings per share. On average, equities analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Thursday, February 20th were paid a $0.70 dividend. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a yield of 1.39%. Littelfuse's dividend payout ratio (DPR) is presently 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.