Littelfuse, Inc. (NASDAQ:LFUS) Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lowered its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 9.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,400 shares of the technology company's stock after selling 3,600 shares during the period. Gamco Investors INC. ET AL owned approximately 0.14% of Littelfuse worth $8,342,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in LFUS. Atria Wealth Solutions Inc. boosted its position in shares of Littelfuse by 5.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company's stock valued at $225,000 after buying an additional 50 shares during the period. Arizona State Retirement System boosted its holdings in Littelfuse by 0.7% during the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company's stock valued at $1,694,000 after acquiring an additional 51 shares during the period. Treasurer of the State of North Carolina increased its stake in Littelfuse by 0.7% in the fourth quarter. Treasurer of the State of North Carolina now owns 10,733 shares of the technology company's stock worth $2,529,000 after purchasing an additional 70 shares during the period. Assetmark Inc. increased its stake in Littelfuse by 11.4% in the fourth quarter. Assetmark Inc. now owns 801 shares of the technology company's stock worth $189,000 after purchasing an additional 82 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Littelfuse by 1.8% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,560 shares of the technology company's stock valued at $1,310,000 after purchasing an additional 96 shares during the period. 96.14% of the stock is owned by institutional investors.

Littelfuse Stock Up 0.3 %

Shares of LFUS stock traded up $0.50 during mid-day trading on Monday, hitting $154.39. 116,830 shares of the stock traded hands, compared to its average volume of 147,793. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62. The stock has a market cap of $3.82 billion, a P/E ratio of 34.31, a P/E/G ratio of 2.24 and a beta of 1.30. The stock's fifty day moving average is $204.50 and its two-hundred day moving average is $230.35. Littelfuse, Inc. has a 52-week low of $142.10 and a 52-week high of $275.58.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, meeting the consensus estimate of $2.04. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. During the same quarter last year, the firm posted $2.02 earnings per share. Equities analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Shareholders 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 1.81%. Littelfuse's dividend payout ratio is currently 62.22%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. StockNews.com lowered shares of Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Robert W. Baird reiterated a "neutral" rating and issued a $182.00 price target (down previously from $225.00) on shares of Littelfuse in a report on Tuesday, April 15th. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research report on Thursday, April 10th. Finally, Baird R W lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $258.00.

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.