Boston Trust Walden Corp Lowers Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Boston Trust Walden Corp decreased its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 288,785 shares of the technology company's stock after selling 8,475 shares during the quarter. Boston Trust Walden Corp owned 1.16% of Littelfuse worth $68,052,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Huntington National Bank lifted its position in Littelfuse by 200.0% during the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company's stock worth $25,000 after acquiring an additional 64 shares during the period. Truvestments Capital LLC acquired a new stake in Littelfuse during the 3rd quarter valued at approximately $27,000. UMB Bank n.a. boosted its holdings in shares of Littelfuse by 70.2% in the 3rd quarter. UMB Bank n.a. now owns 143 shares of the technology company's stock valued at $38,000 after acquiring an additional 59 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Littelfuse by 181.0% in the fourth 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 period. Finally, Meeder Asset Management Inc. purchased a new position in shares of Littelfuse during the third quarter worth $53,000. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insider Transactions at Littelfuse

In other news, CAO Jeffrey G. Gorski sold 700 shares of Littelfuse stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $249.02, for a total transaction of $174,314.00. Following the completion of the sale, the chief accounting officer now directly owns 3,105 shares of the company's stock, valued at approximately $773,207.10. The trade was a 18.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.30% of the company's stock.

Wall Street Analyst Weigh In

LFUS has been the topic of several analyst reports. Robert W. Baird cut their price target on Littelfuse from $300.00 to $290.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Oppenheimer upgraded Littelfuse from a "market perform" rating to an "outperform" rating and set a $310.00 price target for the company in a research report on Thursday, October 17th. Benchmark reissued a "hold" rating on shares of Littelfuse in a report on Wednesday, January 29th. Finally, StockNews.com lowered shares of Littelfuse from a "buy" rating to a "hold" rating in a report on Tuesday. 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. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $280.00.

Littelfuse Trading Up 0.1 %

LFUS stock traded up $0.31 during midday trading on Thursday, hitting $233.51. 125,059 shares of the company's stock were exchanged, compared to its average volume of 157,861. The business has a 50-day simple moving average of $238.64 and a two-hundred day simple moving average of $249.50. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $5.80 billion, a PE ratio of 51.89, a P/E/G ratio of 2.09 and a beta of 1.26. Littelfuse, Inc. has a 1-year low of $222.73 and a 1-year high of $275.58.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, meeting 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 in the prior year, the business posted $2.02 EPS. On average, sell-side analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 20th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, February 20th. Littelfuse's dividend payout ratio (DPR) is currently 62.22%.

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.