Northern Trust Corp Has $55.84 Million Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Northern Trust Corp grew its position in shares of Littelfuse, Inc. (NASDAQ:LFUS - Free Report) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 236,960 shares of the technology company's stock after acquiring an additional 30,855 shares during the quarter. Northern Trust Corp owned 0.95% of Littelfuse worth $55,840,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Barclays PLC raised its stake in shares of Littelfuse by 52.7% during the 3rd quarter. Barclays PLC now owns 11,448 shares of the technology company's stock worth $3,037,000 after purchasing an additional 3,949 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Littelfuse during the 3rd quarter worth approximately $84,000. Tidal Investments LLC raised its stake in shares of Littelfuse by 67.8% during the 3rd quarter. Tidal Investments LLC now owns 5,417 shares of the technology company's stock worth $1,437,000 after purchasing an additional 2,188 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Littelfuse by 4.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,066 shares of the technology company's stock worth $723,000 after purchasing an additional 135 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in shares of Littelfuse by 1.8% during the 4th quarter. Harbor Capital Advisors Inc. now owns 5,560 shares of the technology company's stock worth $1,310,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on LFUS shares. Robert W. Baird increased their price target on Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Baird R W cut Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Benchmark restated a "hold" rating on shares of Littelfuse in a research note on Wednesday, April 30th. Oppenheimer dropped their price target on Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. Finally, StockNews.com upgraded Littelfuse from a "hold" rating to a "buy" rating in a research note on Tuesday, May 6th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $252.25.

Littelfuse Stock Performance

NASDAQ LFUS traded up $0.86 on Tuesday, reaching $218.58. The stock had a trading volume of 61,650 shares, compared to its average volume of 157,509. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62. The firm has a fifty day moving average of $186.44 and a two-hundred day moving average of $222.20. Littelfuse, Inc. has a 1-year low of $142.10 and a 1-year high of $275.58. The company has a market cap of $5.40 billion, a P/E ratio of 48.57, a price-to-earnings-growth ratio of 2.24 and a beta of 1.38.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The technology company reported $2.19 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $0.37. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. The firm had revenue of $554.31 million for the quarter, compared to analyst estimates of $537.60 million. During the same period in the prior year, the firm posted $1.76 EPS. The company's revenue for the quarter was up 3.5% on a year-over-year basis. On average, equities research analysts anticipate that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, May 22nd. Littelfuse's dividend payout ratio (DPR) is currently 64.81%.

Insider Transactions at Littelfuse

In other news, SVP Deepak Nayar sold 1,477 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $197.50, for a total transaction 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. This represents a 19.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is currently owned by insiders.

About Littelfuse

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.