Littelfuse, Inc. (NASDAQ:LFUS) EVP Ryan K. Stafford Sells 1,932 Shares of Stock

Littelfuse, Inc. (NASDAQ:LFUSGet Free Report) EVP Ryan K. Stafford sold 1,932 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $243.62, for a total value of $470,673.84. Following the transaction, the executive vice president now owns 24,155 shares in the company, valued at $5,884,641.10. The sale was disclosed in a document filed with the SEC, which is available at this link.

Littelfuse Trading Up 1.4 %

NASDAQ LFUS opened at $245.29 on Friday. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 1.83 and a beta of 1.36. Littelfuse, Inc. has a one year low of $212.80 and a one year high of $309.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.75 and a quick ratio of 2.49. The business’s fifty day moving average is $249.35 and its 200-day moving average is $248.47.

Littelfuse (NASDAQ:LFUSGet Free Report) last released its earnings results on Tuesday, January 30th. The technology company reported $2.02 EPS for the quarter, hitting analysts’ consensus estimates of $2.02. The company had revenue of $533.80 million for the quarter, compared to analysts’ expectations of $535.76 million. Littelfuse had a return on equity of 12.35% and a net margin of 10.98%. The business’s revenue for the quarter was down 12.9% compared to the same quarter last year. During the same period in the previous year, the business posted $3.34 EPS. Equities research analysts predict that Littelfuse, Inc. will post 11.02 EPS for the current year.

Littelfuse Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 7th. Investors of record on Thursday, February 22nd will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.06%. The ex-dividend date is Wednesday, February 21st. Littelfuse’s dividend payout ratio (DPR) is currently 25.15%.

Institutional Investors Weigh In On Littelfuse

Several large investors have recently added to or reduced their stakes in LFUS. Spire Wealth Management increased its holdings in Littelfuse by 87.0% in the 2nd quarter. Spire Wealth Management now owns 86 shares of the technology company’s stock worth $25,000 after acquiring an additional 40 shares during the last quarter. VisionPoint Advisory Group LLC purchased a new position in Littelfuse during the 3rd quarter valued at about $27,000. Point72 Hong Kong Ltd purchased a new position in Littelfuse during the 1st quarter valued at about $33,000. Geneos Wealth Management Inc. grew its holdings in Littelfuse by 374.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 128 shares of the technology company’s stock valued at $37,000 after buying an additional 101 shares in the last quarter. Finally, SRS Capital Advisors Inc. grew its holdings in shares of Littelfuse by 372.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 137 shares of the technology company’s stock worth $37,000 after purchasing an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, cut Littelfuse from a “buy” rating to a “hold” rating in a research note on Saturday, January 27th.

View Our Latest Stock Analysis on LFUS

About Littelfuse

(Get Free Report)

Littelfuse, Inc manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, 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.

Further Reading

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