J.P. Morgan Private Wealth Advisors LLC Purchases 46 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

J.P. Morgan Private Wealth Advisors LLC grew its position in shares of Littelfuse, Inc. (NASDAQ:LFUSFree Report) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,528 shares of the technology company’s stock after purchasing an additional 46 shares during the quarter. J.P. Morgan Private Wealth Advisors LLC’s holdings in Littelfuse were worth $1,367,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Spire Wealth Management increased its holdings in shares of Littelfuse by 87.0% during the second quarter. Spire Wealth Management now owns 86 shares of the technology company’s stock valued at $25,000 after acquiring an additional 40 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Littelfuse during the first quarter valued at approximately $33,000. Geneos Wealth Management Inc. increased its holdings in shares of Littelfuse by 374.1% during the second quarter. Geneos Wealth Management Inc. now owns 128 shares of the technology company’s stock valued at $37,000 after acquiring an additional 101 shares in the last quarter. DHJJ Financial Advisors Ltd. purchased a new position in shares of Littelfuse during the third quarter valued at approximately $43,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Littelfuse by 33.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 201 shares of the technology company’s stock valued at $44,000 after buying an additional 50 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Insiders Place Their Bets

In other Littelfuse news, SVP Matthew Cole sold 1,800 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $236.93, for a total value of $426,474.00. Following the transaction, the senior vice president now owns 5,530 shares of the company’s stock, valued at $1,310,222.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Ryan K. Stafford sold 1,932 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $243.62, for a total transaction of $470,673.84. Following the transaction, the executive vice president now owns 24,155 shares of the company’s stock, valued at approximately $5,884,641.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Matthew Cole sold 1,800 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $236.93, for a total value of $426,474.00. Following the transaction, the senior vice president now directly owns 5,530 shares in the company, valued at approximately $1,310,222.90. The disclosure for this sale can be found here. Insiders own 2.70% of the company’s stock.

Littelfuse Stock Up 1.4 %

Shares of NASDAQ:LFUS opened at $245.29 on Monday. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 23.72, a PEG ratio of 1.85 and a beta of 1.36. The company has a quick ratio of 2.49, a current ratio of 3.75 and a debt-to-equity ratio of 0.35. Littelfuse, Inc. has a 12-month low of $212.80 and a 12-month high of $309.94. The business’s 50 day moving average is $249.35 and its 200 day moving average is $248.11.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $2.02 earnings per share for the quarter, hitting the consensus estimate of $2.02. Littelfuse had a return on equity of 12.35% and a net margin of 10.98%. The business had revenue of $533.80 million for the quarter, compared to analysts’ expectations of $535.76 million. During the same quarter in the previous year, the firm earned $3.34 earnings per share. The business’s revenue was down 12.9% on a year-over-year basis. On average, sell-side analysts forecast that Littelfuse, Inc. will post 11.02 earnings per share for the current fiscal year.

Littelfuse Announces Dividend

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

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on LFUS

About Littelfuse

(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.

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Institutional Ownership by Quarter for Littelfuse (NASDAQ:LFUS)

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