Van Lanschot Kempen Investment Management N.V. Buys 18,483 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Van Lanschot Kempen Investment Management N.V. grew its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 441,972 shares of the technology company's stock after buying an additional 18,483 shares during the quarter. Littelfuse accounts for approximately 1.0% of Van Lanschot Kempen Investment Management N.V.'s investment portfolio, making the stock its 25th biggest holding. Van Lanschot Kempen Investment Management N.V. owned 1.78% of Littelfuse worth $104,151,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of LFUS. Charles Schwab Investment Management Inc. boosted its stake in Littelfuse by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 312,535 shares of the technology company's stock valued at $73,649,000 after acquiring an additional 8,588 shares during the last quarter. Atria Wealth Solutions Inc. lifted its stake in Littelfuse by 5.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company's stock valued at $225,000 after purchasing an additional 50 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Littelfuse during the fourth quarter valued at $5,892,000. Bank of New York Mellon Corp increased its position in Littelfuse by 7.4% in the fourth quarter. Bank of New York Mellon Corp now owns 260,102 shares of the technology company's stock worth $61,293,000 after buying an additional 18,013 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Littelfuse by 0.4% in the fourth quarter. Victory Capital Management Inc. now owns 513,679 shares of the technology company's stock valued at $121,048,000 after buying an additional 2,056 shares during the period. 96.14% of the stock is owned by institutional investors.

Littelfuse Price Performance

NASDAQ:LFUS traded down $0.43 during mid-day trading on Wednesday, hitting $162.95. 574,233 shares of the stock traded hands, compared to its average volume of 152,059. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $275.58. The company has a quick ratio of 2.62, a current ratio of 3.61 and a debt-to-equity ratio of 0.32. The company has a market cap of $4.03 billion, a PE ratio of 36.21, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30. The business's 50-day moving average price is $199.41 and its 200 day moving average price is $228.72.

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 for the quarter, hitting the consensus estimate 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 previous year, the company earned $2.02 EPS. On average, analysts expect that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 20th were given a $0.70 dividend. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a yield of 1.72%. Littelfuse's dividend payout ratio (DPR) is presently 62.22%.

Analyst Upgrades and Downgrades

LFUS has been the subject of several research reports. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research note on Thursday, April 10th. StockNews.com lowered shares of Littelfuse from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Baird R W downgraded shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Finally, Robert W. Baird reiterated a "neutral" rating and issued a $182.00 price objective (down from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $258.00.

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.