Littelfuse, Inc. (NASDAQ:LFUS) Receives Consensus Rating of “Hold” from Analysts

Littelfuse, Inc. (NASDAQ:LFUS) has been given a consensus rating of “Hold” by the six research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $258.00.

A number of brokerages have issued reports on LFUS. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a report on Thursday, April 10th. Robert W. Baird restated a “neutral” rating and set a $182.00 target price (down previously from $225.00) on shares of Littelfuse in a research note on Tuesday, April 15th. StockNews.com lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Finally, Baird R W downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 15th.

Institutional Trading of Littelfuse

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quent Capital LLC boosted its holdings in Littelfuse by 525.0% in the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock valued at $29,000 after purchasing an additional 105 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Littelfuse by 181.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock worth $38,000 after acquiring an additional 105 shares in the last quarter. Bank of Jackson Hole Trust acquired a new stake in Littelfuse in the fourth quarter valued at $40,000. Smartleaf Asset Management LLC grew its stake in shares of Littelfuse by 548.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company’s stock worth $44,000 after purchasing an additional 159 shares during the period. Finally, Global X Japan Co. Ltd. increased its holdings in shares of Littelfuse by 221.0% in the 4th quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company’s stock valued at $61,000 after purchasing an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Stock Up 1.0 %

NASDAQ LFUS opened at $153.89 on Wednesday. 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 has a 52 week low of $142.10 and a 52 week high of $275.58. The business’s fifty day simple moving average is $204.50 and its 200-day simple moving average is $230.35. The firm has a market cap of $3.80 billion, a PE ratio of 34.20, a P/E/G ratio of 2.24 and a beta of 1.30.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, meeting 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 prior year, the company earned $2.02 EPS. As a group, equities analysts anticipate that Littelfuse will post 9.49 earnings per share for the current year.

Littelfuse Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 6th. Shareholders of record on Thursday, February 20th were paid a $0.70 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $2.80 annualized dividend and a yield of 1.82%. Littelfuse’s dividend payout ratio is currently 62.22%.

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.