2 weeks Ago By ABMN Staff
Canada Pension Plan Investment Board acquired a new position in shares of Littelfuse, Inc. ( NASDAQ:LFUS – Free Report ) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 500 shares of the technology company’s stock, valued at approximately $128,000.
A number of other institutional investors also recently modified their holdings of LFUS. Van Lanschot Kempen Investment Management N.V.
bought a new stake in shares of Littelfuse in the second quarter valued at about $100,662,000. Westwood Holdings Group Inc. boosted its position in shares of Littelfuse by 223.
8% in the first quarter. Westwood Holdings Group Inc. now owns 313,927 shares of the technology company’s stock valued at $76,080,000 after acquiring an additional 216,985 shares during the period.
Lord Abbett & CO. LLC boosted its position in shares of Littelfuse by 88.8% in the first quarter.
Lord Abbett & CO. LLC now owns 166,195 shares of the technology company’s stock valued at $40,278,000 after acquiring an additional 78,153 shares during the period. TD Asset Management Inc boosted its position in shares of Littelfuse by 160.
2% in the fourth quarter. TD Asset Management Inc now owns 113,447 shares of the technology company’s stock valued at $30,354,000 after acquiring an additional 69,842 shares during the period. Finally, Victory Capital Management Inc.
boosted its position in shares of Littelfuse by 13.2% in the second quarter. Victory Capital Management Inc.
now owns 501,504 shares of the technology company’s stock valued at $128,179,000 after acquiring an additional 58,529 shares during the period. Institutional investors own 96.14% of the company’s stock.
Insider Activity In other news, SVP Matthew Cole sold 1,436 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $246.02, for a total value of $353,284.
72. Following the completion of the transaction, the senior vice president now owns 5,522 shares of the company’s stock, valued at $1,358,522.44.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . In other news, CEO David W. Heinzmann sold 3,786 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st.
The stock was sold at an average price of $273.92, for a total value of $1,037,061.12.
Following the completion of the transaction, the chief executive officer now owns 59,654 shares of the company’s stock, valued at $16,340,423.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link .
Also, SVP Matthew Cole sold 1,436 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $246.02, for a total value of $353,284.
72. Following the completion of the transaction, the senior vice president now directly owns 5,522 shares of the company’s stock, valued at approximately $1,358,522.44.
The disclosure for this sale can be found here . Insiders sold 16,328 shares of company stock valued at $4,437,986 over the last quarter. 2.
30% of the stock is owned by company insiders. Analyst Ratings Changes Get Our Latest Stock Report on Littelfuse Littelfuse Stock Down 0.9 % Shares of NASDAQ LFUS opened at $264.
31 on Friday. The company has a current ratio of 3.50, a quick ratio of 2.
42 and a debt-to-equity ratio of 0.32. The company has a market cap of $6.
55 billion, a price-to-earnings ratio of 30.28, a PEG ratio of 2.65 and a beta of 1.
28. Littelfuse, Inc. has a 12 month low of $212.
80 and a 12 month high of $275.58. The stock has a 50-day moving average price of $257.
31 and a two-hundred day moving average price of $251.00. Littelfuse ( NASDAQ:LFUS – Get Free Report ) last issued its earnings results on Tuesday, July 30th.
The technology company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.75 by $0.
22. The firm had revenue of $558.49 million during the quarter, compared to the consensus estimate of $540.
35 million. Littelfuse had a return on equity of 8.91% and a net margin of 8.
71%. The business’s quarterly revenue was down 8.7% on a year-over-year basis.
During the same quarter in the previous year, the firm earned $3.12 earnings per share. As a group, analysts forecast that Littelfuse, Inc.
will post 8.18 earnings per share for the current fiscal year. Littelfuse Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th.
Shareholders of record on Thursday, August 22nd were paid a dividend of $0.70 per share. This is an increase from Littelfuse’s previous quarterly dividend of $0.
65. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $2.
80 annualized dividend and a yield of 1.06%. Littelfuse’s payout ratio is presently 32.
07%. Littelfuse Company Profile ( Free Report ) 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. Recommended Stories Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter .
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