Littelfuse, Inc. (NASDAQ:LFUS) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lowered its position in Littelfuse, Inc. (NASDAQ:LFUS) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,866 shares of the technology company’s stock after selling 359 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Littelfuse were worth $2,089,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LFUS. Atria Wealth Solutions Inc. increased its stake in shares of Littelfuse by 5.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company’s stock worth $225,000 after buying an additional 50 shares during the last quarter. Arizona State Retirement System increased its position in shares of Littelfuse by 0.7% in the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company’s stock worth $1,694,000 after purchasing an additional 51 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in shares of Littelfuse by 0.7% in the 4th quarter. Treasurer of the State of North Carolina now owns 10,733 shares of the technology company’s stock valued at $2,529,000 after purchasing an additional 70 shares in the last quarter. Assetmark Inc. lifted its position in shares of Littelfuse by 11.4% during the fourth quarter. Assetmark Inc. now owns 801 shares of the technology company’s stock worth $189,000 after purchasing an additional 82 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in Littelfuse by 1.8% in the fourth quarter. Harbor Capital Advisors Inc. now owns 5,560 shares of the technology company’s stock worth $1,310,000 after purchasing an additional 96 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Trading Up 1.0 %

NASDAQ:LFUS opened at $153.89 on Monday. The firm has a market capitalization of $3.80 billion, a P/E ratio of 34.20, a P/E/G ratio of 2.24 and a beta of 1.30. The business has a 50 day simple moving average of $204.50 and a 200 day simple moving average of $230.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $275.58.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same quarter in the prior year, the business earned $2.02 earnings per share. Equities research analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

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

Wall Street Analysts Forecast Growth

LFUS has been the topic of several research reports. Robert W. Baird restated a “neutral” rating and set a $182.00 price objective (down previously from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. StockNews.com cut Littelfuse from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Baird R W lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Finally, Benchmark restated a “hold” rating on shares of Littelfuse in a research report on Thursday, April 10th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $258.00.

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.