First National Advisers LLC Grows Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

First National Advisers LLC lifted its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,055 shares of the technology company’s stock after purchasing an additional 205 shares during the period. First National Advisers LLC’s holdings in Littelfuse were worth $1,662,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LFUS. Huntington National Bank lifted its position in shares of Littelfuse by 200.0% during the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company’s stock worth $25,000 after purchasing an additional 64 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Littelfuse during the 3rd quarter worth $27,000. Quent Capital LLC raised its stake in Littelfuse by 525.0% during the 4th quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock worth $29,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Littelfuse by 181.0% during the 4th 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. Finally, Bank of Jackson Hole Trust acquired a new stake in Littelfuse during the 4th quarter worth $40,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. StockNews.com lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. Robert W. Baird dropped their price objective on shares of Littelfuse from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Finally, Benchmark restated a “hold” rating on shares of Littelfuse in a research note on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.00.

Littelfuse Trading Up 2.6 %

Shares of Littelfuse stock opened at $210.51 on Friday. Littelfuse, Inc. has a 52-week low of $201.97 and a 52-week 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’s 50-day simple moving average is $233.28 and its 200-day simple moving average is $244.89. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 46.78, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same period in the prior year, the firm earned $2.02 EPS. As a group, equities research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 20th were given a dividend of $0.70 per share. The ex-dividend date was Thursday, February 20th. This represents a $2.80 dividend on an annualized basis and a yield of 1.33%. Littelfuse’s dividend payout ratio (DPR) 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.