Parametric Portfolio Associates LLC decreased its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 14.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,579 shares of the technology company’s stock after selling 12,294 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.32% of Littelfuse worth $12,141,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also bought and sold shares of the stock. BlackRock Inc. lifted its holdings in shares of Littelfuse by 0.6% during the 2nd quarter. BlackRock Inc. now owns 2,267,726 shares of the technology company’s stock valued at $374,174,000 after acquiring an additional 13,076 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Littelfuse by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 1,878,924 shares of the technology company’s stock valued at $310,023,000 after acquiring an additional 31,326 shares in the last quarter. State Street Corp lifted its holdings in shares of Littelfuse by 1.8% during the 1st quarter. State Street Corp now owns 712,869 shares of the technology company’s stock valued at $113,996,000 after acquiring an additional 12,883 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Littelfuse by 97.3% during the 2nd quarter. Principal Financial Group Inc. now owns 451,428 shares of the technology company’s stock valued at $74,486,000 after acquiring an additional 222,636 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its holdings in shares of Littelfuse by 5.4% during the 2nd quarter. Eagle Asset Management Inc. now owns 407,825 shares of the technology company’s stock valued at $67,291,000 after acquiring an additional 20,902 shares in the last quarter. Institutional investors and hedge funds own 95.57% of the company’s stock.
Shares of Littelfuse, Inc. (LFUS) opened at 205.58 on Wednesday. The company’s 50-day moving average is $188.54 and its 200 day moving average is $172.17. The stock has a market cap of $4.67 billion, a P/E ratio of 32.35 and a beta of 0.95. Littelfuse, Inc. has a 1-year low of $124.32 and a 1-year high of $205.98.
Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, August 2nd. The technology company reported $2.10 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $2.10. The business had revenue of $313.36 million during the quarter, compared to the consensus estimate of $312.97 million. Littelfuse had a net margin of 12.51% and a return on equity of 19.67%. Littelfuse’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.44 EPS. Equities research analysts anticipate that Littelfuse, Inc. will post $7.74 EPS for the current year.
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Several equities analysts recently weighed in on the stock. Stifel Nicolaus restated a “hold” rating and set a $185.00 target price on shares of Littelfuse in a report on Friday, October 6th. Zacks Investment Research upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $224.00 target price on the stock in a report on Friday, October 6th. BidaskClub upgraded shares of Littelfuse from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Finally, Oppenheimer Holdings, Inc. lifted their target price on shares of Littelfuse from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. Littelfuse presently has an average rating of “Hold” and a consensus price target of $197.00.
Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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