Littelfuse, Inc. (NASDAQ:LFUS) Stake Raised by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. boosted its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 4.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 441,972 shares of the technology company's stock after purchasing an additional 18,483 shares during the quarter. Littelfuse makes up approximately 1.0% of Van Lanschot Kempen Investment Management N.V.'s holdings, making the stock its 25th largest holding. Van Lanschot Kempen Investment Management N.V. owned about 1.78% of Littelfuse worth $104,151,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its stake in Littelfuse by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 312,535 shares of the technology company's stock valued at $73,649,000 after buying an additional 8,588 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in Littelfuse by 5.5% in 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. Proficio Capital Partners LLC acquired a new position in shares of Littelfuse during the fourth quarter valued at $5,892,000. Bank of New York Mellon Corp grew its position in shares of Littelfuse by 7.4% during the fourth quarter. Bank of New York Mellon Corp now owns 260,102 shares of the technology company's stock worth $61,293,000 after acquiring an additional 18,013 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in 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 purchasing an additional 2,056 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Littelfuse Price Performance

LFUS stock traded down $0.52 on Friday, hitting $176.06. 203,167 shares of the company's stock traded hands, compared to its average volume of 153,674. The company has a current ratio of 3.61, a quick ratio of 2.62 and a debt-to-equity ratio of 0.32. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 39.12, a P/E/G ratio of 2.24 and a beta of 1.30. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.58. The stock has a fifty day moving average of $196.50 and a 200-day moving average of $227.58.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.04. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. During the same period in the previous year, the business posted $2.02 EPS. On average, analysts forecast that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a report on Thursday, April 10th. StockNews.com lowered Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. 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 reaffirmed a "neutral" rating and issued a $182.00 price target (down from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Littelfuse currently has an average rating of "Hold" and a consensus target price 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.