Segall Bryant & Hamill LLC Raises Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Segall Bryant & Hamill LLC increased its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 17.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 195,266 shares of the technology company's stock after acquiring an additional 28,458 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.79% of Littelfuse worth $46,014,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of LFUS. Pathstone Holdings LLC increased its position in Littelfuse by 0.6% during the third quarter. Pathstone Holdings LLC now owns 6,522 shares of the technology company's stock worth $1,730,000 after purchasing an additional 40 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Littelfuse by 5.5% in the 4th 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 increased its holdings in shares of Littelfuse by 0.7% during the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company's stock worth $1,694,000 after buying an additional 51 shares during the last quarter. Assetmark Inc. raised its position in shares of Littelfuse by 11.4% during the 4th quarter. Assetmark Inc. now owns 801 shares of the technology company's stock valued at $189,000 after buying an additional 82 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in Littelfuse by 6.5% in the third quarter. Captrust Financial Advisors now owns 1,488 shares of the technology company's stock valued at $395,000 after acquiring an additional 91 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

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Littelfuse Stock Down 4.3 %

Littelfuse stock traded down $9.06 during midday trading on Friday, reaching $200.97. The company's stock had a trading volume of 123,749 shares, compared to its average volume of 130,067. The company has a market cap of $4.97 billion, a P/E ratio of 44.66, a P/E/G ratio of 2.24 and a beta of 1.27. 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 business has a 50-day simple moving average of $228.63 and a 200-day simple moving average of $241.51. Littelfuse, Inc. has a fifty-two week low of $199.70 and a fifty-two week 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, hitting 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 EPS. On average, research analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were given a dividend of $0.70 per share. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a dividend yield of 1.39%. Littelfuse's dividend payout ratio is presently 62.22%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LFUS shares. StockNews.com lowered Littelfuse from a "buy" rating to a "hold" rating in a research note on Thursday. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research note on Wednesday, January 29th. Finally, Robert W. Baird reduced their price target on shares of Littelfuse from $300.00 to $290.00 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Littelfuse has an average rating of "Moderate Buy" and a consensus target price of $280.00.

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.