First Bank & Trust grew its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 17.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,194 shares of the technology company’s stock after purchasing an additional 180 shares during the quarter. First Bank & Trust’s holdings in Littelfuse were worth $212,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of LFUS. Invesco Ltd. grew its holdings in shares of Littelfuse by 122.1% during the second quarter. Invesco Ltd. now owns 731,795 shares of the technology company’s stock valued at $129,461,000 after purchasing an additional 402,242 shares during the last quarter. Nuveen Asset Management LLC bought a new position in shares of Littelfuse during the second quarter valued at approximately $22,865,000. Victory Capital Management Inc. grew its holdings in shares of Littelfuse by 20.9% during the second quarter. Victory Capital Management Inc. now owns 666,347 shares of the technology company’s stock valued at $117,883,000 after purchasing an additional 115,250 shares during the last quarter. Impax Asset Management Group plc grew its holdings in Littelfuse by 68.7% in the 2nd quarter. Impax Asset Management Group plc now owns 205,643 shares of the technology company’s stock worth $36,380,000 after buying an additional 83,757 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Littelfuse by 2,509.0% in the 2nd quarter. Janus Henderson Group PLC now owns 70,966 shares of the technology company’s stock worth $12,555,000 after buying an additional 68,246 shares in the last quarter. 99.81% of the stock is owned by institutional investors.
A number of equities analysts recently issued reports on LFUS shares. Jefferies Financial Group started coverage on Littelfuse in a report on Thursday, October 3rd. They issued a “buy” rating and a $215.00 price objective for the company. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. BidaskClub raised Littelfuse from a “hold” rating to a “buy” rating in a report on Thursday, September 12th. Robert W. Baird lowered Littelfuse from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $193.00 to $171.00 in a report on Thursday, August 1st. Finally, ValuEngine raised Littelfuse from a “hold” rating to a “buy” rating in a report on Tuesday, September 10th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $201.83.
LFUS stock traded up $2.17 on Thursday, reaching $187.02. The company’s stock had a trading volume of 23,321 shares, compared to its average volume of 121,086. Littelfuse, Inc. has a 52 week low of $149.80 and a 52 week high of $206.00. The company has a market capitalization of $4.47 billion, a P/E ratio of 19.81, a price-to-earnings-growth ratio of 2.44 and a beta of 1.08. The firm has a fifty day moving average of $172.85 and a two-hundred day moving average of $175.37. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.90 and a quick ratio of 2.95.
Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, July 31st. The technology company reported $1.91 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.91. Littelfuse had a return on equity of 13.82% and a net margin of 10.15%. The business had revenue of $397.00 million during the quarter, compared to analyst estimates of $397.98 million. During the same period in the prior year, the company posted $2.68 EPS. The business’s revenue for the quarter was down 13.5% compared to the same quarter last year. As a group, equities analysts expect that Littelfuse, Inc. will post 6.76 EPS for the current fiscal year.
Littelfuse, Inc designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.
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