Dundas Partners LLP Has $295,000 Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Dundas Partners LLP lowered its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 18.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,251 shares of the technology company’s stock after selling 280 shares during the quarter. Dundas Partners LLP’s holdings in Littelfuse were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of LFUS. Pathstone Holdings LLC boosted its holdings in shares of Littelfuse by 0.6% in the third quarter. Pathstone Holdings LLC now owns 6,522 shares of the technology company’s stock worth $1,730,000 after buying an additional 40 shares during the period. Assetmark Inc. lifted its position in shares of Littelfuse by 6.5% in the 3rd quarter. Assetmark Inc. now owns 719 shares of the technology company’s stock valued at $191,000 after acquiring an additional 44 shares in the last quarter. US Bancorp DE boosted its stake in Littelfuse by 1.4% in the 3rd quarter. US Bancorp DE now owns 3,436 shares of the technology company’s stock worth $911,000 after purchasing an additional 49 shares during the period. Atria Wealth Solutions Inc. grew its position in Littelfuse by 5.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company’s stock worth $225,000 after purchasing an additional 50 shares in the last quarter. Finally, Arizona State Retirement System raised its stake in Littelfuse by 0.7% during the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company’s stock valued at $1,694,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Jeffrey G. Gorski sold 700 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $249.02, for a total transaction of $174,314.00. Following the transaction, the chief accounting officer now owns 3,105 shares in the company, valued at $773,207.10. The trade was a 18.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.30% of the company’s stock.

Littelfuse Trading Up 1.4 %

NASDAQ LFUS opened at $219.93 on Friday. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 48.87, a PEG ratio of 2.24 and a beta of 1.27. Littelfuse, Inc. has a 52 week low of $211.90 and a 52 week high of $275.58. The stock’s 50 day moving average price is $235.96 and its two-hundred day moving average price is $247.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share 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 previous year, the firm earned $2.02 earnings per share. As a group, analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The business also recently disclosed 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. This represents a $2.80 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, February 20th. Littelfuse’s dividend payout ratio is 62.22%.

Analyst Ratings Changes

LFUS has been the subject of a number of research reports. StockNews.com upgraded Littelfuse from a “hold” rating to a “buy” rating in a research report on Wednesday, February 26th. Benchmark restated a “hold” rating on shares of Littelfuse in a research report on Wednesday, January 29th. Finally, Robert W. Baird dropped their price target on shares of Littelfuse from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $280.00.

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.