Littelfuse, Inc. (NASDAQ:LFUS - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $222.30 and last traded at $223.07, with a volume of 235562 shares traded. The stock had previously closed at $232.11.
Analyst Ratings Changes
A number of research firms recently commented on LFUS. Benchmark reissued a "hold" rating on shares of Littelfuse in a research report on Wednesday, January 29th. StockNews.com upgraded shares of Littelfuse from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. Finally, Robert W. Baird cut their price target on shares of Littelfuse from $300.00 to $290.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $280.00.
Get Our Latest Stock Report on Littelfuse
Littelfuse Trading Up 1.4 %
The stock has a market capitalization of $5.46 billion, a PE ratio of 48.87, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. 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 firm has a 50-day moving average price of $236.30 and a 200-day moving average price of $247.45.
Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, hitting 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 quarter in the prior year, the firm earned $2.02 earnings per share. As a group, equities analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.
Littelfuse Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 20th were paid a $0.70 dividend. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a yield of 1.27%. Littelfuse's payout ratio is 62.22%.
Insider Buying and Selling at Littelfuse
In other Littelfuse news, CAO Jeffrey G. Gorski sold 700 shares of the stock in a transaction dated 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 transaction, the chief accounting officer now owns 3,105 shares in the company, valued at $773,207.10. This trade represents a 18.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is owned by corporate insiders.
Institutional Trading of Littelfuse
Hedge funds and other institutional investors have recently modified their holdings of the business. Huntington National Bank grew its stake in Littelfuse by 200.0% in the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company's stock valued at $25,000 after buying an additional 64 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Littelfuse in the third quarter worth $27,000. Quent Capital LLC grew its position in shares of Littelfuse by 525.0% in the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company's stock valued at $29,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Littelfuse by 181.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock valued at $38,000 after purchasing an additional 105 shares during the period. Finally, Bank of Jackson Hole Trust purchased a new stake in Littelfuse during the 4th quarter worth about $40,000. Institutional investors own 96.14% of the company's stock.
About Littelfuse
(
Get Free Report)
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.
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