Littelfuse, Inc. (NASDAQ:LFUS – Get Free Report) SVP Maggie Chu sold 11,397 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total value of $4,963,165.56. Following the transaction, the senior vice president owned 6,001 shares in the company, valued at $2,613,315.48. This trade represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Maggie Chu also recently made the following trade(s):
- On Thursday, April 30th, Maggie Chu sold 282 shares of Littelfuse stock. The stock was sold at an average price of $396.90, for a total value of $111,925.80.
- On Tuesday, April 28th, Maggie Chu sold 815 shares of Littelfuse stock. The stock was sold at an average price of $392.47, for a total value of $319,863.05.
Littelfuse Stock Performance
NASDAQ LFUS opened at $443.91 on Friday. The business’s 50-day moving average price is $383.85 and its 200 day moving average price is $322.05. Littelfuse, Inc. has a twelve month low of $201.19 and a twelve month high of $483.95. The company has a market capitalization of $11.23 billion, a PE ratio of -262.67, a price-to-earnings-growth ratio of 2.48 and a beta of 1.46. The company has a current ratio of 2.61, a quick ratio of 1.82 and a debt-to-equity ratio of 0.21.
Littelfuse Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.75 per share. The ex-dividend date is Thursday, May 21st. This represents a $3.00 annualized dividend and a yield of 0.7%. Littelfuse’s dividend payout ratio is currently -177.51%.
Institutional Investors Weigh In On Littelfuse
A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Littelfuse by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after buying an additional 44,826 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Littelfuse by 67.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after buying an additional 412,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its stake in shares of Littelfuse by 3.9% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock valued at $247,988,000 after buying an additional 37,203 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Littelfuse by 58.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after purchasing an additional 225,445 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Littelfuse by 5.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 516,479 shares of the technology company’s stock valued at $130,635,000 after purchasing an additional 25,860 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on LFUS. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Robert W. Baird set a $360.00 price target on Littelfuse in a research note on Thursday, January 29th. UBS Group set a $360.00 price target on Littelfuse in a research note on Thursday, January 29th. Weiss Ratings lowered Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 13th. Finally, Benchmark upgraded Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price target for the company in a research note on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $436.67.
View Our Latest Analysis on LFUS
About Littelfuse
Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.
The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.
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