Littelfuse, Inc. (NASDAQ:LFUS) announced a quarterly dividend on Wednesday, January 31st, RTT News reports. Shareholders of record on Thursday, February 22nd will be paid a dividend of 0.37 per share by the technology company on Thursday, March 8th. This represents a $1.48 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Wednesday, February 21st.
Shares of Littelfuse (NASDAQ LFUS) traded down $1.14 during midday trading on Wednesday, hitting $220.07. 158,155 shares of the company’s stock traded hands, compared to its average volume of 180,481. Littelfuse has a 12 month low of $149.81 and a 12 month high of $226.33. The stock has a market capitalization of $5,525.22, a P/E ratio of 42.40, a PEG ratio of 2.17 and a beta of 0.99. The company has a quick ratio of 2.90, a current ratio of 3.52 and a debt-to-equity ratio of 0.53.
Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.13. The company had revenue of $304.85 million for the quarter, compared to the consensus estimate of $299.88 million. Littelfuse had a net margin of 9.78% and a return on equity of 19.65%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.57 earnings per share. equities research analysts expect that Littelfuse will post 8.53 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on the stock. BidaskClub raised shares of Littelfuse from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Zacks Investment Research raised shares of Littelfuse from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, ValuEngine raised shares of Littelfuse from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $212.00.
In other news, SVP Michael P. Rutz sold 968 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $205.00, for a total value of $198,440.00. Following the completion of the sale, the senior vice president now owns 4,842 shares of the company’s stock, valued at $992,610. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ian Highley sold 9,378 shares of the stock in a transaction on Monday, February 5th. The stock was sold at an average price of $212.50, for a total transaction of $1,992,825.00. Following the completion of the sale, the senior vice president now directly owns 4,121 shares of the company’s stock, valued at approximately $875,712.50. The disclosure for this sale can be found here. Insiders have sold 71,289 shares of company stock valued at $15,271,800 in the last ninety days. 1.80% of the stock is currently owned by company insiders.
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.
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