Blair William & Co. IL Sells 1,752 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Blair William & Co. IL reduced its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,930 shares of the technology company's stock after selling 1,752 shares during the period. Blair William & Co. IL owned 0.07% of Littelfuse worth $4,225,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Quent Capital LLC lifted its holdings in Littelfuse by 525.0% during the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company's stock worth $29,000 after purchasing an additional 105 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Littelfuse by 181.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock worth $38,000 after buying an additional 105 shares in 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 boosted its position in shares of Littelfuse by 548.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company's stock valued at $44,000 after acquiring an additional 159 shares during the period. Finally, Global X Japan Co. Ltd. grew its stake in shares of Littelfuse by 221.0% in the fourth quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company's stock valued at $61,000 after acquiring an additional 179 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

A number of analysts have issued reports on LFUS shares. Benchmark reissued a "hold" rating on shares of Littelfuse in a report on Wednesday, January 29th. Robert W. Baird reduced 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. Finally, StockNews.com lowered Littelfuse from a "buy" rating to a "hold" rating in a research note on Thursday, March 27th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $280.00.

Littelfuse Price Performance

Shares of NASDAQ LFUS traded up $3.54 during trading hours on Wednesday, hitting $196.63. 289,290 shares of the stock were exchanged, compared to its average volume of 131,628. The company's fifty day simple moving average is $227.03 and its two-hundred day simple moving average is $240.73. The company has a market cap of $4.86 billion, a PE ratio of 43.70, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61. Littelfuse, Inc. has a 1-year low of $190.60 and a 1-year high of $275.58.

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

Littelfuse Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were issued a $0.70 dividend. The ex-dividend date was Thursday, February 20th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.42%. Littelfuse's dividend payout ratio (DPR) is currently 62.22%.

About Littelfuse

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.