Meenal Sethna Sells 3,459 Shares of Littelfuse, Inc. (LFUS) Stock

Littelfuse, Inc. (NASDAQ:LFUS) VP Meenal Sethna sold 3,459 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $210.00, for a total value of $726,390.00. Following the completion of the sale, the vice president now directly owns 12,693 shares of the company’s stock, valued at $2,665,530. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Littelfuse, Inc. (LFUS) opened at $210.15 on Friday. The firm has a market capitalization of $4,741.96, a P/E ratio of 27.04, a P/E/G ratio of 2.04 and a beta of 0.97. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.90 and a current ratio of 3.52. Littelfuse, Inc. has a fifty-two week low of $149.81 and a fifty-two week high of $226.33.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.68 by $0.13. The business 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 period last year, the firm posted $1.57 EPS. analysts predict that Littelfuse, Inc. will post 8.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be issued a dividend of $0.37 per share. The ex-dividend date is Wednesday, February 21st. This represents a $1.48 annualized dividend and a yield of 0.70%. Littelfuse’s payout ratio is currently 28.52%.

Several analysts recently weighed in on LFUS shares. Zacks Investment Research cut Littelfuse from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Oppenheimer reissued a “hold” rating on shares of Littelfuse in a report on Wednesday, November 1st. Robert W. Baird reissued a “buy” rating and set a $230.00 price target on shares of Littelfuse in a report on Friday, November 3rd. Finally, BidaskClub cut Littelfuse from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 6th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $211.25.

Large investors have recently added to or reduced their stakes in the stock. Vaughan Nelson Investment Management L.P. lifted its holdings in Littelfuse by 31.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 471,038 shares of the technology company’s stock worth $92,267,000 after purchasing an additional 112,360 shares during the last quarter. Moody Aldrich Partners LLC raised its holdings in Littelfuse by 14.8% in the 3rd quarter. Moody Aldrich Partners LLC now owns 9,916 shares of the technology company’s stock valued at $1,942,000 after acquiring an additional 1,276 shares in the last quarter. Nationwide Fund Advisors raised its holdings in Littelfuse by 1.9% in the 3rd quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock valued at $20,729,000 after acquiring an additional 2,000 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Littelfuse by 3.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 99,366 shares of the technology company’s stock valued at $19,465,000 after acquiring an additional 3,250 shares in the last quarter. Finally, California Public Employees Retirement System raised its holdings in Littelfuse by 7.3% in the 3rd quarter. California Public Employees Retirement System now owns 61,574 shares of the technology company’s stock valued at $12,061,000 after acquiring an additional 4,174 shares in the last quarter. 99.17% of the stock is owned by institutional investors and hedge funds.

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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.

Insider Buying and Selling by Quarter for Littelfuse (NASDAQ:LFUS)

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