Littelfuse Inc. (LFUS) VP Dieter Roeder Sells 16,827 Shares of Stock
Littelfuse Inc. (NASDAQ:LFUS) VP Dieter Roeder sold 16,827 shares of the business’s stock in a transaction dated Friday, November 18th. The stock was sold at an average price of $149.02, for a total transaction of $2,507,559.54. Following the transaction, the vice president now owns 20,798 shares in the company, valued at $3,099,317.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Littelfuse Inc. (NASDAQ:LFUS) traded up 0.23% during trading on Wednesday, reaching $147.25. 5,270 shares of the company’s stock traded hands. Littelfuse Inc. has a 1-year low of $90.61 and a 1-year high of $154.12. The firm has a market capitalization of $3.32 billion, a PE ratio of 33.46 and a beta of 1.11. The firm has a 50 day moving average of $136.60 and a 200 day moving average of $123.96.
Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Thursday, November 3rd. The company reported $1.87 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.87. The business earned $280.30 million during the quarter, compared to the consensus estimate of $131.81 million. Littelfuse had a net margin of 10.05% and a return on equity of 17.27%. The business’s revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.43 EPS. Equities analysts forecast that Littelfuse Inc. will post $6.22 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Wednesday, November 23rd will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, November 21st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.90%. Littelfuse’s dividend payout ratio is presently 30.00%.
A number of equities analysts recently weighed in on the stock. Sidoti lowered shares of Littelfuse from a “buy” rating to a “neutral” rating in a research report on Monday. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $155.00 price target (up from $145.00) on shares of Littelfuse in a research report on Tuesday, November 1st. Zacks Investment Research upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $144.00 price target on the stock in a research report on Thursday, October 13th. Finally, Robert W. Baird boosted their price target on shares of Littelfuse from $128.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, August 26th.
Several institutional investors have recently made changes to their positions in LFUS. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Littelfuse by 12.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 828 shares of the company’s stock worth $107,000 after buying an additional 89 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Littelfuse by 2.7% in the second quarter. Public Employees Retirement System of Ohio now owns 845 shares of the company’s stock worth $100,000 after buying an additional 22 shares in the last quarter. Advisor Group Inc. increased its position in shares of Littelfuse by 12.8% in the third quarter. Advisor Group Inc. now owns 880 shares of the company’s stock worth $111,000 after buying an additional 100 shares in the last quarter. Invictus RG bought a new position in shares of Littelfuse during the second quarter worth about $187,000. Finally, Bessemer Group Inc. increased its position in shares of Littelfuse by 91.4% in the second quarter. Bessemer Group Inc. now owns 1,860 shares of the company’s stock worth $220,000 after buying an additional 888 shares in the last quarter. Institutional investors and hedge funds own 99.11% of the company’s stock.
Littelfuse Company Profile
Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and electrical industries. The Company operates through three segments: Electronics, Automotive and Industrial. Its Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions, telecommunications equipment, medical devices, lighting products and white goods.
Receive News & Stock Ratings for Littelfuse Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse Inc. and related stocks with our FREE daily email newsletter.