Sei Investments Co. Purchases 9,256 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Sei Investments Co. boosted its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,713 shares of the technology company's stock after buying an additional 9,256 shares during the quarter. Sei Investments Co. owned 0.42% of Littelfuse worth $24,677,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LFUS. Pathstone Holdings LLC boosted its position in shares of Littelfuse by 0.6% in the 3rd quarter. Pathstone Holdings LLC now owns 6,522 shares of the technology company's stock valued at $1,730,000 after purchasing an additional 40 shares during the period. Atria Wealth Solutions Inc. grew its position in Littelfuse by 5.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company's stock worth $225,000 after purchasing an additional 50 shares in the last quarter. Arizona State Retirement System lifted its stake in Littelfuse by 0.7% in the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company's stock worth $1,694,000 after acquiring an additional 51 shares in the last quarter. Assetmark Inc. boosted its position in Littelfuse by 11.4% during the 4th quarter. Assetmark Inc. now owns 801 shares of the technology company's stock worth $189,000 after acquiring an additional 82 shares during the period. Finally, Captrust Financial Advisors grew its stake in Littelfuse by 6.5% during the 3rd 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 in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

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Littelfuse Stock Performance

Shares of Littelfuse stock traded down $9.06 during 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. Littelfuse, Inc. has a one year low of $199.70 and a one year high of $275.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 44.66, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The business's fifty day moving average price is $228.63 and its 200-day moving average price is $241.47.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, meeting 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 quarter in the previous year, the company posted $2.02 earnings per share. As a group, equities research analysts predict that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Stockholders 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 dividend yield of 1.39%. Littelfuse's dividend payout ratio is currently 62.22%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Benchmark restated a "hold" rating on shares of Littelfuse in a report on Wednesday, January 29th. StockNews.com cut shares of Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Robert W. Baird cut their target price on Littelfuse from $300.00 to $290.00 and set an "outperform" rating on the stock in a report 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.