Segall Bryant & Hamill LLC Buys 28,458 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Segall Bryant & Hamill LLC boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 17.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 195,266 shares of the technology company’s stock after buying an additional 28,458 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Littelfuse were worth $46,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Pathstone Holdings LLC raised its position in shares of Littelfuse by 0.6% during the third quarter. Pathstone Holdings LLC now owns 6,522 shares of the technology company’s stock valued at $1,730,000 after buying an additional 40 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in Littelfuse by 5.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 953 shares of the technology company’s stock valued at $225,000 after acquiring an additional 50 shares during the period. Arizona State Retirement System raised its holdings in Littelfuse by 0.7% in the 4th quarter. Arizona State Retirement System now owns 7,188 shares of the technology company’s stock valued at $1,694,000 after acquiring an additional 51 shares in the last quarter. Assetmark Inc. raised its holdings in Littelfuse by 11.4% in the 4th quarter. Assetmark Inc. now owns 801 shares of the technology company’s stock valued at $189,000 after acquiring an additional 82 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Littelfuse by 6.5% in the 3rd quarter. Captrust Financial Advisors now owns 1,488 shares of the technology company’s stock worth $395,000 after acquiring an additional 91 shares during the period. 96.14% of the stock is owned by institutional investors.

Littelfuse Stock Up 3.4 %

Shares of NASDAQ LFUS opened at $216.85 on Tuesday. Littelfuse, Inc. has a 52-week low of $201.97 and a 52-week high of $275.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61. The business has a fifty day moving average of $230.37 and a two-hundred day moving average of $242.54. The stock has a market cap of $5.36 billion, a PE ratio of 48.19, a PEG ratio of 2.24 and a beta of 1.27.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share (EPS) 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 quarter in the prior year, the company posted $2.02 earnings per share. As a group, equities research analysts expect that Littelfuse, Inc. will post 9.49 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $2.80 dividend on an annualized basis and a yield of 1.29%. Littelfuse’s dividend payout ratio (DPR) is presently 62.22%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Robert W. Baird cut their target price on Littelfuse from $300.00 to $290.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Benchmark reissued a “hold” rating on shares of Littelfuse in a report on Wednesday, January 29th. Finally, StockNews.com raised shares of Littelfuse from a “hold” rating to a “buy” rating in a report on Wednesday, March 19th. Three 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, Littelfuse currently has an average rating of “Moderate Buy” and a consensus target price 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.