Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,312 shares of the technology company’s stock after purchasing an additional 6 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Littelfuse were worth $546,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Littelfuse by 0.4% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 3,900 shares of the technology company’s stock worth $624,000 after purchasing an additional 17 shares during the period. Miles Capital Inc. increased its holdings in shares of Littelfuse by 1.8% during the 1st quarter. Miles Capital Inc. now owns 1,510 shares of the technology company’s stock worth $241,000 after purchasing an additional 26 shares during the period. First Midwest Bank Trust Division increased its holdings in shares of Littelfuse by 1.4% during the 2nd quarter. First Midwest Bank Trust Division now owns 2,305 shares of the technology company’s stock worth $380,000 after purchasing an additional 31 shares during the period. World Asset Management Inc increased its holdings in shares of Littelfuse by 2.4% during the 1st quarter. World Asset Management Inc now owns 1,393 shares of the technology company’s stock worth $223,000 after purchasing an additional 32 shares during the period. Finally, M&T Bank Corp increased its holdings in shares of Littelfuse by 2.9% during the 1st quarter. M&T Bank Corp now owns 2,517 shares of the technology company’s stock worth $403,000 after purchasing an additional 70 shares during the period. Institutional investors own 95.57% of the company’s stock.

Several research firms have recently issued reports on LFUS. Stifel Nicolaus restated a “hold” rating and set a $180.00 price objective on shares of Littelfuse in a report on Tuesday, September 12th. BidaskClub upgraded shares of Littelfuse from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Robert W. Baird restated a “buy” rating and set a $202.00 price objective on shares of Littelfuse in a report on Tuesday, September 5th. Oppenheimer Holdings, Inc. boosted their price objective on shares of Littelfuse from $185.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, July 19th. Finally, Zacks Investment Research downgraded shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Friday, June 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $189.80.

Shares of Littelfuse, Inc. (NASDAQ LFUS) opened at 189.71 on Wednesday. Littelfuse, Inc. has a 1-year low of $124.32 and a 1-year high of $189.95. The company has a market cap of $4.31 billion, a PE ratio of 29.86 and a beta of 0.97. The company has a 50-day moving average of $182.42 and a 200-day moving average of $168.21.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $2.10 earnings per share for the quarter, hitting the consensus estimate of $2.10. Littelfuse had a net margin of 12.51% and a return on equity of 19.67%. The business had revenue of $313.36 million during the quarter, compared to analysts’ expectations of $312.97 million. During the same quarter in the previous year, the company earned $1.44 EPS. The business’s revenue was up 15.2% on a year-over-year basis. Equities analysts forecast that Littelfuse, Inc. will post $7.73 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th were paid a $0.37 dividend. This is a boost from Littelfuse’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $1.48 annualized dividend and a yield of 0.78%. Littelfuse’s payout ratio is 23.34%.

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About Littelfuse

Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.

Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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