Ceredex Value Advisors LLC Has $15.91 Million Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Ceredex Value Advisors LLC lifted its holdings in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,497 shares of the technology company's stock after purchasing an additional 8,100 shares during the quarter. Ceredex Value Advisors LLC owned 0.27% of Littelfuse worth $15,906,000 as of its most recent filing with the SEC.

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

Littelfuse Stock Down 2.4 %

Shares of NASDAQ LFUS traded down $3.71 during trading hours on Monday, hitting $150.18. The stock had a trading volume of 39,749 shares, compared to its average volume of 147,435. The firm's 50-day moving average price is $204.50 and its two-hundred day moving average price is $230.35. Littelfuse, Inc. has a 52 week low of $142.10 and a 52 week high of $275.58. The company has a market capitalization of $3.71 billion, a P/E ratio of 33.37, a P/E/G ratio of 2.24 and a beta of 1.30. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data 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 period last year, the firm posted $2.02 earnings per share. Analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The firm also recently disclosed 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. The ex-dividend date was Thursday, February 20th. This represents a $2.80 annualized dividend and a dividend yield of 1.86%. Littelfuse's dividend payout ratio is presently 62.22%.

Analysts Set New Price Targets

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

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.