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

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

Several other institutional investors have also added to or reduced their stakes in the company. Atria Wealth Solutions Inc. raised its position in Littelfuse by 5.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company's stock valued at $225,000 after purchasing an additional 50 shares during the last quarter. Arizona State Retirement System boosted its position in Littelfuse by 0.7% during 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 in the last quarter. Treasurer of the State of North Carolina boosted its position in 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 acquiring an additional 70 shares in the last quarter. Assetmark Inc. lifted its position in Littelfuse by 11.4% during the fourth quarter. Assetmark Inc. now owns 801 shares of the technology company's stock valued at $189,000 after buying an additional 82 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake 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 valued at $38,000 after purchasing an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company's stock.

Insider Activity

In related news, SVP Deepak Nayar sold 1,477 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $197.50, for a total transaction of $291,707.50. Following the completion of the transaction, the senior vice president now owns 5,975 shares of the company's stock, valued at $1,180,062.50. This trade represents a 19.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.50% of the company's stock.

Wall Street Analyst Weigh In

LFUS has been the subject of several recent analyst reports. Oppenheimer decreased their price target on Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Benchmark reissued a "hold" rating on shares of Littelfuse in a research note on Wednesday, April 30th. Wall Street Zen cut shares of Littelfuse from a "buy" rating to a "hold" rating in a research note on Wednesday. Baird R W cut shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Finally, Robert W. Baird raised their target price on shares of Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $252.25.

Littelfuse Price Performance

Littelfuse stock traded down $2.78 during mid-day trading on Friday, reaching $205.40. 165,016 shares of the company's stock traded hands, compared to its average volume of 160,176. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 45.64, a PEG ratio of 2.24 and a beta of 1.38. The stock has a 50 day moving average of $186.92 and a two-hundred day moving average of $219.77. The company has a quick ratio of 2.62, a current ratio of 3.61 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.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The technology company reported $2.19 earnings per share for the quarter, topping 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 company had revenue of $554.31 million for the quarter, compared to analysts' expectations of $537.60 million. During the same period in the previous year, the firm posted $1.76 earnings per share. The firm's revenue for the quarter was up 3.5% on a year-over-year basis. Equities analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be issued a dividend of $0.70 per share. The ex-dividend date is Thursday, May 22nd. This represents a $2.80 annualized dividend and a dividend yield of 1.36%. Littelfuse's dividend payout ratio is presently 64.81%.

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.