3,293 Shares in Littelfuse, Inc. (NASDAQ:LFUS) Acquired by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,293 shares of the technology company's stock, valued at approximately $776,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Atria Wealth Solutions Inc. boosted its position in shares of Littelfuse by 5.5% during 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 period. Arizona State Retirement System boosted its position in shares of Littelfuse by 0.7% during the fourth quarter. Arizona State Retirement System now owns 7,188 shares of the technology company's stock worth $1,694,000 after buying an additional 51 shares during the period. Treasurer of the State of North Carolina boosted its position in shares of Littelfuse by 0.7% during the fourth quarter. Treasurer of the State of North Carolina now owns 10,733 shares of the technology company's stock worth $2,529,000 after buying an additional 70 shares during the period. Assetmark Inc. boosted 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 buying an additional 82 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Littelfuse by 181.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock worth $38,000 after buying an additional 105 shares during the period. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Littelfuse Stock Down 1.0%

Shares of NASDAQ LFUS opened at $216.56 on Tuesday. The stock has a market cap of $5.35 billion, a P/E ratio of 48.12, a PEG ratio of 2.24 and a beta of 1.38. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a 12-month low of $142.10 and a 12-month high of $275.58. The business's fifty day simple moving average is $186.91 and its 200-day simple moving average is $221.01.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The technology company reported $2.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.37. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. The business had revenue of $554.31 million for the quarter, compared to analysts' expectations of $537.60 million. During the same period last year, the firm earned $1.76 earnings per share. The company's revenue for the quarter was up 3.5% compared to the same quarter last year. As a group, equities analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Thursday, May 22nd. Littelfuse's dividend payout ratio is presently 64.81%.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Deepak Nayar sold 1,477 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $197.50, for a total value of $291,707.50. Following the sale, the senior vice president now directly owns 5,975 shares in the company, valued at $1,180,062.50. This trade represents a 19.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LFUS. Baird R W lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 15th. StockNews.com upgraded Littelfuse from a "hold" rating to a "buy" rating in a research report on Tuesday, May 6th. Oppenheimer lowered their price target on Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research note on Wednesday, April 30th. Finally, Robert W. Baird increased their price objective on Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $252.25.

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.

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