Kelly Lawrence W & Associates Inc. CA Has $10.22 Million Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Kelly Lawrence W & Associates Inc. CA boosted its holdings in Littelfuse, Inc. (NASDAQ:LFUS) by 1.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,373 shares of the technology company’s stock after purchasing an additional 570 shares during the quarter. Littelfuse accounts for about 2.4% of Kelly Lawrence W & Associates Inc. CA’s portfolio, making the stock its 19th largest holding. Kelly Lawrence W & Associates Inc. CA’s holdings in Littelfuse were worth $10,221,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC raised its position in shares of Littelfuse by 126.9% in the 3rd quarter. Jane Street Group LLC now owns 11,418 shares of the technology company’s stock valued at $3,029,000 after buying an additional 6,386 shares in the last quarter. Barclays PLC boosted its holdings in shares of Littelfuse by 52.7% in the 3rd quarter. Barclays PLC now owns 11,448 shares of the technology company’s stock valued at $3,037,000 after purchasing an additional 3,949 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Littelfuse by 6.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 4,094 shares of the technology company’s stock valued at $998,000 after purchasing an additional 257 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Littelfuse in the 3rd quarter valued at $84,000. Finally, Tidal Investments LLC raised its holdings in shares of Littelfuse by 67.8% during the 3rd quarter. Tidal Investments LLC now owns 5,417 shares of the technology company’s stock worth $1,437,000 after buying an additional 2,188 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LFUS. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a research note on Thursday, April 10th. Robert W. Baird restated a “neutral” rating and issued a $182.00 price target (down from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. Baird R W lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Finally, StockNews.com downgraded shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Littelfuse presently has a consensus rating of “Hold” and a consensus target price of $258.00.

Littelfuse Stock Performance

NASDAQ:LFUS opened at $153.89 on Friday. The stock’s 50-day moving average is $204.50 and its 200-day moving average is $230.51. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.58. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. The stock has a market cap of $3.80 billion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share for the quarter, hitting 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 quarter last year, the business posted $2.02 EPS. Equities research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 20th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend was Thursday, February 20th. Littelfuse’s dividend payout ratio is currently 62.22%.

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.