Littelfuse, Inc. (NASDAQ:LFUS) EVP Ryan K. Stafford sold 10,700 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $210.00, for a total value of $2,247,000.00. Following the sale, the executive vice president now owns 36,924 shares of the company’s stock, valued at approximately $7,754,040. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Littelfuse, Inc. (LFUS) traded down $1.99 on Wednesday, reaching $219.22. The company had a trading volume of 96,037 shares, compared to its average volume of 178,730. The company has a current ratio of 3.52, a quick ratio of 2.90 and a debt-to-equity ratio of 0.53. Littelfuse, Inc. has a fifty-two week low of $149.81 and a fifty-two week high of $226.33. The company has a market cap of $5,525.22, a price-to-earnings ratio of 42.62, a price-to-earnings-growth ratio of 2.17 and a beta of 0.99.
Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, January 31st. The technology company reported $1.81 EPS for the quarter, beating the Zacks’ consensus estimate of $1.68 by $0.13. The company had revenue of $304.85 million during the quarter, compared to analysts’ expectations of $299.88 million. Littelfuse had a return on equity of 19.65% and a net margin of 9.78%. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.57 EPS. equities research analysts anticipate that Littelfuse, Inc. will post 8.53 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 8th. Shareholders of record on Thursday, February 22nd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date was Wednesday, February 21st. Littelfuse’s payout ratio is 28.52%.
LFUS has been the subject of a number of recent analyst reports. BidaskClub cut Littelfuse from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 6th. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Finally, ValuEngine raised Littelfuse from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Littelfuse currently has an average rating of “Buy” and an average target price of $212.00.
Large investors have recently made changes to their positions in the business. Moody Aldrich Partners LLC increased its holdings in shares of Littelfuse by 14.8% in the 3rd quarter. Moody Aldrich Partners LLC now owns 9,916 shares of the technology company’s stock worth $1,942,000 after purchasing an additional 1,276 shares in the last quarter. Nationwide Fund Advisors increased its holdings in shares of Littelfuse by 1.9% in the 3rd quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock worth $20,729,000 after purchasing an additional 2,000 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Littelfuse by 3.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 99,366 shares of the technology company’s stock worth $19,465,000 after purchasing an additional 3,250 shares in the last quarter. California Public Employees Retirement System increased its holdings in shares of Littelfuse by 7.3% in the 3rd quarter. California Public Employees Retirement System now owns 61,574 shares of the technology company’s stock worth $12,061,000 after purchasing an additional 4,174 shares in the last quarter. Finally, Pictet Asset Management Ltd. increased its holdings in shares of Littelfuse by 66.4% in the 3rd quarter. Pictet Asset Management Ltd. now owns 431,838 shares of the technology company’s stock worth $84,588,000 after purchasing an additional 172,338 shares in the last quarter. Institutional investors and hedge funds own 94.58% of the company’s stock.
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Littelfuse Company Profile
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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