Boston Trust Walden Corp Has $56.22 Million Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Boston Trust Walden Corp lessened its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 1.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 285,740 shares of the technology company's stock after selling 3,045 shares during the period. Boston Trust Walden Corp owned 1.16% of Littelfuse worth $56,216,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Littelfuse by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 2,807,162 shares of the technology company's stock worth $661,508,000 after acquiring an additional 40,423 shares during the period. Neuberger Berman Group LLC grew its holdings in shares of Littelfuse by 1.2% in the 4th quarter. Neuberger Berman Group LLC now owns 1,047,025 shares of the technology company's stock valued at $246,732,000 after buying an additional 11,958 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in shares of Littelfuse by 7.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 763,396 shares of the technology company's stock valued at $179,895,000 after buying an additional 55,835 shares during the period. Norges Bank acquired a new position in shares of Littelfuse in the 4th quarter valued at $131,579,000. Finally, Victory Capital Management Inc. grew its holdings in shares of Littelfuse by 0.4% in the 4th quarter. Victory Capital Management Inc. now owns 513,679 shares of the technology company's stock valued at $121,048,000 after buying an additional 2,056 shares during the period. Institutional investors and hedge funds own 96.14% of the company's stock.

Insider Activity at Littelfuse

In related news, SVP Deepak Nayar sold 1,477 shares of the business's stock in a transaction on Monday, May 5th. The shares were 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 of the company's stock, valued at approximately $1,180,062.50. The trade was a 19.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is currently owned by insiders.

Littelfuse Trading Up 1.6%

LFUS opened at $219.33 on Thursday. The stock has a market capitalization of $5.42 billion, a P/E ratio of 50.77, a P/E/G ratio of 1.96 and a beta of 1.38. Littelfuse, Inc. has a 12 month low of $142.10 and a 12 month high of $275.58. The firm's fifty day simple moving average is $196.71 and its 200 day simple moving average is $216.26. The company has a current ratio of 3.88, a quick ratio of 2.75 and a debt-to-equity ratio of 0.32.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The technology company reported $2.19 EPS for the quarter, beating the consensus estimate of $1.82 by $0.37. The business had revenue of $554.31 million for the quarter, compared to analysts' expectations of $537.60 million. Littelfuse had a net margin of 4.89% and a return on equity of 9.00%. The firm's revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 EPS. As a group, research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Thursday, May 22nd were given a $0.70 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $2.80 annualized dividend and a yield of 1.28%. Littelfuse's dividend payout ratio is currently 64.81%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Baird R W lowered shares of Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Robert W. Baird boosted their price target on shares of Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a report on Thursday, May 1st. Benchmark reissued a "hold" rating on shares of Littelfuse in a report on Wednesday, May 28th. Wall Street Zen lowered shares of Littelfuse from a "buy" rating to a "hold" rating in a report on Friday, June 6th. Finally, Oppenheimer decreased their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $252.25.

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.

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