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

Boston Trust Walden Corp reduced its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,740 shares of the technology company's stock after selling 3,045 shares during the quarter. Boston Trust Walden Corp owned 1.16% of Littelfuse worth $56,216,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Littelfuse by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 312,535 shares of the technology company's stock worth $73,649,000 after purchasing an additional 8,588 shares during the period. Millennium Management LLC lifted its stake in shares of Littelfuse by 806.0% in the fourth quarter. Millennium Management LLC now owns 19,253 shares of the technology company's stock valued at $4,537,000 after buying an additional 17,128 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of Littelfuse by 5.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company's stock valued at $225,000 after buying an additional 50 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Littelfuse in the fourth quarter valued at about $5,892,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Littelfuse by 7.4% in the fourth quarter. Bank of New York Mellon Corp now owns 260,102 shares of the technology company's stock valued at $61,293,000 after buying an additional 18,013 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Littelfuse news, SVP Deepak Nayar sold 1,477 shares of Littelfuse 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 sale, the senior vice president now 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 Securities & Exchange Commission, which is accessible through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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

Littelfuse Price Performance

LFUS stock traded down $0.16 during trading on Friday, hitting $219.17. 327,053 shares of the stock traded hands, compared to its average volume of 164,102. The stock has a market cap of $5.42 billion, a price-to-earnings ratio of 50.73, a P/E/G ratio of 1.99 and a beta of 1.38. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.58. The company has a current ratio of 3.88, a quick ratio of 2.75 and a debt-to-equity ratio of 0.32. The company has a 50 day simple moving average of $199.31 and a 200 day simple moving average of $215.47.

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 net margin of 4.89% and a return on equity of 9.00%. The firm had revenue of $554.31 million for the quarter, compared to analysts' expectations of $537.60 million. During the same period in the prior year, the firm earned $1.76 earnings per share. The company's quarterly revenue was up 3.5% compared to the same quarter last year. Equities analysts expect 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. This represents a $2.80 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, May 22nd. Littelfuse's dividend payout ratio (DPR) is presently 64.81%.

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.