Dimensional Fund Advisors LP Purchases 22,287 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Dimensional Fund Advisors LP raised its stake in Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 442,554 shares of the technology company's stock after acquiring an additional 22,287 shares during the period. Dimensional Fund Advisors LP owned 1.78% of Littelfuse worth $104,287,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in LFUS. Barclays PLC lifted its position in Littelfuse by 52.7% in the 3rd quarter. Barclays PLC now owns 11,448 shares of the technology company's stock valued at $3,037,000 after purchasing an additional 3,949 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Littelfuse during the third quarter valued at approximately $84,000. Tidal Investments LLC boosted its position in shares of Littelfuse by 67.8% during the third quarter. Tidal Investments LLC now owns 5,417 shares of the technology company's stock worth $1,437,000 after buying an additional 2,188 shares during the period. Synovus Financial Corp grew its holdings in Littelfuse by 11.9% in the 3rd quarter. Synovus Financial Corp now owns 2,857 shares of the technology company's stock worth $758,000 after buying an additional 304 shares in the last quarter. Finally, Lord Abbett & CO. LLC raised its stake in Littelfuse by 6.0% during the 3rd quarter. Lord Abbett & CO. LLC now owns 193,719 shares of the technology company's stock valued at $51,384,000 after acquiring an additional 10,972 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Littelfuse Stock Up 3.7 %

Shares of LFUS traded up $6.81 during mid-day trading on Thursday, reaching $189.12. The company's stock had a trading volume of 204,023 shares, compared to its average volume of 156,567. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 42.23, a price-to-earnings-growth ratio of 2.24 and a beta of 1.30. The business has a fifty day moving average of $192.08 and a 200 day moving average of $226.01. 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 1 year low of $142.10 and a 1 year high of $275.58.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The technology company reported $2.19 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $0.37. The firm had revenue of $554.31 million during the quarter, compared to analyst estimates of $537.60 million. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. The business's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the company posted $1.76 EPS. As a group, analysts forecast that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be paid a $0.70 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $2.80 annualized dividend and a yield of 1.48%. Littelfuse's dividend payout ratio is presently 62.22%.

Analyst Ratings Changes

Several research firms have recently issued reports on LFUS. Robert W. Baird increased their price target on Littelfuse from $182.00 to $194.00 and gave the stock a "neutral" rating in a research note on Thursday. StockNews.com lowered shares of Littelfuse from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Oppenheimer dropped their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research report on Thursday. Benchmark reiterated a "hold" rating on shares of Littelfuse in a report on Wednesday. Finally, Baird R W cut Littelfuse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Littelfuse presently 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.