Littelfuse, Inc. (NASDAQ:LFUS) has received an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $207.50.
A number of analysts recently weighed in on LFUS shares. Zacks Investment Research lowered shares of Littelfuse from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. BidaskClub lowered shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 6th. Oppenheimer reissued a “hold” rating on shares of Littelfuse in a research report on Wednesday, November 1st. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $230.00 target price on shares of Littelfuse in a research report on Friday, November 3rd.
In other news, SVP Michael P. Rutz sold 968 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $205.00, for a total transaction of $198,440.00. Following the transaction, the senior vice president now directly owns 4,842 shares of the company’s stock, valued at $992,610. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Ian Highley sold 9,378 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $212.50, for a total transaction of $1,992,825.00. Following the transaction, the senior vice president now directly owns 4,121 shares in the company, valued at $875,712.50. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Littelfuse by 31.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 471,038 shares of the technology company’s stock valued at $92,267,000 after purchasing an additional 112,360 shares in the last quarter. Koch Industries Inc. bought a new position in shares of Littelfuse during the second quarter valued at approximately $376,000. Moody Aldrich Partners LLC boosted its stake in shares of Littelfuse by 14.8% during the third quarter. Moody Aldrich Partners LLC now owns 9,916 shares of the technology company’s stock valued at $1,942,000 after purchasing an additional 1,276 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of Littelfuse by 1.9% during the third quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock valued at $20,729,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Littelfuse by 3.4% during the third quarter. Ameriprise Financial Inc. now owns 99,366 shares of the technology company’s stock valued at $19,465,000 after purchasing an additional 3,250 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.
Littelfuse (NASDAQ:LFUS) traded down $0.63 during trading on Friday, reaching $208.05. 124,475 shares of the company were exchanged, compared to its average volume of 206,760. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.52 and a quick ratio of 2.90. Littelfuse has a 12 month low of $149.81 and a 12 month high of $226.33. The stock has a market cap of $4,617.03, a price-to-earnings ratio of 40.09, a P/E/G ratio of 1.99 and a beta of 0.97.
Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.68 by $0.13. Littelfuse had a net margin of 9.78% and a return on equity of 19.65%. The company had revenue of $304.85 million for the quarter, compared to analyst estimates of $299.88 million. During the same period in the prior year, the company posted $1.57 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. equities analysts predict that Littelfuse will post 8.53 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 22nd will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Wednesday, February 21st. Littelfuse’s dividend payout ratio (DPR) is presently 28.52%.
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Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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