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

Segall Bryant & Hamill LLC increased its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 17.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,266 shares of the technology company’s stock after acquiring an additional 28,458 shares during the period. Segall Bryant & Hamill LLC owned about 0.79% of Littelfuse worth $46,014,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC boosted its holdings in shares of Littelfuse by 126.9% during the third quarter. Jane Street Group LLC now owns 11,418 shares of the technology company’s stock worth $3,029,000 after purchasing an additional 6,386 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Littelfuse by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 312,535 shares of the technology company’s stock worth $73,649,000 after buying an additional 8,588 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in shares of Littelfuse by 5.5% during 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. Bank of New York Mellon Corp increased its stake in shares of Littelfuse by 7.4% in the fourth quarter. Bank of New York Mellon Corp now owns 260,102 shares of the technology company’s stock worth $61,293,000 after acquiring an additional 18,013 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Littelfuse during the fourth quarter worth $5,892,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Stock Up 3.4 %

Shares of LFUS stock opened at $216.85 on Tuesday. The stock’s 50 day simple moving average is $230.37 and its 200 day simple moving average is $242.54. Littelfuse, Inc. has a twelve month low of $201.97 and a twelve month 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 company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 48.19, a PEG ratio of 2.24 and a beta of 1.27.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, meeting 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 period last year, the business earned $2.02 EPS. As a group, research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Thursday, February 20th. Littelfuse’s dividend payout ratio is currently 62.22%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Benchmark restated a “hold” rating on shares of Littelfuse in a research note on Wednesday, January 29th. StockNews.com raised Littelfuse from a “hold” rating to a “buy” rating in a research note on Wednesday, March 19th. Finally, Robert W. Baird cut their price objective on shares of Littelfuse from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $280.00.

Littelfuse 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.