Littelfuse, Inc. (LFUS) Shares Sold by Neuberger Berman Group LLC

Neuberger Berman Group LLC lowered its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,365,709 shares of the technology company’s stock after selling 40,175 shares during the quarter. Neuberger Berman Group LLC owned approximately 6.01% of Littelfuse worth $267,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of Montreal Can increased its holdings in shares of Littelfuse by 15.1% in the 2nd quarter. Bank of Montreal Can now owns 649 shares of the technology company’s stock valued at $107,000 after acquiring an additional 85 shares during the period. Aperio Group LLC increased its holdings in shares of Littelfuse by 3.5% in the 2nd quarter. Aperio Group LLC now owns 6,105 shares of the technology company’s stock valued at $1,007,000 after acquiring an additional 206 shares during the period. US Bancorp DE increased its holdings in shares of Littelfuse by 4.4% in the 2nd quarter. US Bancorp DE now owns 4,009 shares of the technology company’s stock valued at $662,000 after acquiring an additional 168 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Littelfuse by 18.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 63,512 shares of the technology company’s stock valued at $10,479,000 after acquiring an additional 9,778 shares during the period. Finally, Great West Life Assurance Co. Can increased its holdings in shares of Littelfuse by 0.6% in the 2nd quarter. Great West Life Assurance Co. Can now owns 13,382 shares of the technology company’s stock valued at $2,208,000 after acquiring an additional 81 shares during the period. 99.17% of the stock is currently owned by institutional investors.

Littelfuse, Inc. (NASDAQ LFUS) opened at $196.85 on Tuesday. Littelfuse, Inc. has a 1 year low of $146.94 and a 1 year high of $215.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.36 and a quick ratio of 2.75. The firm has a market cap of $4,483.85, a price-to-earnings ratio of 26.39, a P/E/G ratio of 1.74 and a beta of 0.91.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.14. Littelfuse had a net margin of 13.12% and a return on equity of 19.62%. The firm had revenue of $317.90 million for the quarter, compared to analyst estimates of $319.20 million. During the same period last year, the firm posted $1.87 EPS. Littelfuse’s quarterly revenue was up 13.4% on a year-over-year basis. equities analysts anticipate that Littelfuse, Inc. will post 7.57 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 7th. Investors of record on Wednesday, November 22nd were given a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 0.75%. Littelfuse’s dividend payout ratio (DPR) is 21.57%.

LFUS has been the topic of a number of recent research reports. Robert W. Baird reaffirmed a “buy” rating and issued a $202.00 target price on shares of Littelfuse in a report on Tuesday, September 5th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $180.00 target price on shares of Littelfuse in a report on Tuesday, September 12th. Zacks Investment Research cut shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Saturday, September 23rd. UBS cut shares of Littelfuse from an “outperform” rating to a “market perform” rating in a report on Friday, October 13th. Finally, Oppenheimer cut shares of Littelfuse from an “outperform” rating to a “market perform” rating in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $211.25.

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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.

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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