Thematics Asset Management Has $18.15 Million Stock Position in Littelfuse, Inc. (NASDAQ:LFUS)

Thematics Asset Management lessened its holdings in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,000 shares of the technology company's stock after selling 10,000 shares during the quarter. Thematics Asset Management owned 0.31% of Littelfuse worth $18,145,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kelly Lawrence W & Associates Inc. CA grew its position in shares of Littelfuse by 1.3% during the 4th quarter. Kelly Lawrence W & Associates Inc. CA now owns 43,373 shares of the technology company's stock worth $10,221,000 after purchasing an additional 570 shares in the last quarter. MetLife Investment Management LLC grew its position in Littelfuse by 9.2% during the fourth quarter. MetLife Investment Management LLC now owns 13,982 shares of the technology company's stock worth $3,295,000 after buying an additional 1,176 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Littelfuse by 5.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 442,554 shares of the technology company's stock worth $104,287,000 after acquiring an additional 22,287 shares during the period. Forum Financial Management LP acquired a new position in Littelfuse in the 4th quarter valued at $222,000. Finally, Dean Investment Associates LLC lifted its position in shares of Littelfuse by 4.5% during the 4th quarter. Dean Investment Associates LLC now owns 11,675 shares of the technology company's stock valued at $2,751,000 after acquiring an additional 507 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on LFUS shares. Baird R W downgraded Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Benchmark reissued a "hold" rating on shares of Littelfuse in a research note on Thursday, April 10th. StockNews.com downgraded Littelfuse from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Finally, Robert W. Baird reiterated a "neutral" rating and issued a $182.00 price target (down previously from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $258.00.

Littelfuse Trading Up 0.1 %

Shares of LFUS stock traded up $0.25 during mid-day trading on Friday, reaching $176.83. 63,871 shares of the stock traded hands, compared to its average volume of 152,926. The stock's fifty day simple moving average is $198.01 and its two-hundred day simple moving average is $228.14. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.58. The company has a quick ratio of 2.62, a current ratio of 3.61 and a debt-to-equity ratio of 0.32. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 39.30, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30.

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

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.