Sei Investments Co. increased its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 8.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,315 shares of the technology company’s stock after purchasing an additional 1,372 shares during the period. Sei Investments Co. owned approximately 0.08% of Littelfuse worth $3,588,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of LFUS. Bank of Montreal Can increased its position in shares of Littelfuse by 15.1% in the second quarter. Bank of Montreal Can now owns 649 shares of the technology company’s stock worth $107,000 after purchasing an additional 85 shares during the period. Bronfman E.L. Rothschild L.P. increased its position in shares of Littelfuse by 16.3% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 677 shares of the technology company’s stock worth $112,000 after purchasing an additional 95 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Littelfuse by 8.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 900 shares of the technology company’s stock worth $149,000 after purchasing an additional 72 shares during the period. Advisor Group Inc. increased its position in shares of Littelfuse by 4.6% in the second quarter. Advisor Group Inc. now owns 1,225 shares of the technology company’s stock worth $187,000 after purchasing an additional 54 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Littelfuse by 63.6% in the second quarter. Royal Bank of Canada now owns 1,178 shares of the technology company’s stock worth $194,000 after purchasing an additional 458 shares during the period. Institutional investors own 99.14% of the company’s stock.

Littelfuse, Inc. (NASDAQ LFUS) opened at $201.16 on Thursday. Littelfuse, Inc. has a 12-month low of $144.65 and a 12-month high of $215.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.36 and a quick ratio of 2.75. The stock has a market capitalization of $4,691.68, a PE ratio of 27.61, a price-to-earnings-growth ratio of 1.82 and a beta of 0.93.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, November 1st. The technology company reported $2.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.98 by $0.14. Littelfuse had a return on equity of 19.62% and a net margin of 13.12%. The firm had revenue of $317.90 million for the quarter, compared to analysts’ expectations of $319.20 million. During the same quarter in the previous year, the business posted $1.87 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. equities research analysts forecast that Littelfuse, Inc. will post 7.57 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Tuesday, November 21st. Littelfuse’s dividend payout ratio is presently 21.57%.

A number of research analysts recently commented on LFUS shares. Robert W. Baird restated a “buy” rating and issued a $202.00 price target on shares of Littelfuse in a research report on Tuesday, September 5th. Stifel Nicolaus restated a “hold” rating and issued a $180.00 price target on shares of Littelfuse in a research report on Tuesday, September 12th. Zacks Investment Research cut Littelfuse from a “buy” rating to a “hold” rating in a research report on Saturday, September 23rd. UBS cut Littelfuse from an “outperform” rating to a “market perform” rating in a research report on Friday, October 13th. Finally, Oppenheimer cut Littelfuse from an “outperform” rating to a “market perform” rating in a research report on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $203.80.

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Littelfuse Company Profile

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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