SG Americas Securities LLC Has $914,000 Holdings in Littelfuse, Inc. (LFUS)

SG Americas Securities LLC raised its position in Littelfuse, Inc. (NASDAQ:LFUS) by 72.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,391 shares of the technology company’s stock after purchasing an additional 1,843 shares during the period. SG Americas Securities LLC’s holdings in Littelfuse were worth $914,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in Littelfuse by 3.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,829 shares of the technology company’s stock valued at $1,350,000 after purchasing an additional 243 shares during the period. Profund Advisors LLC boosted its holdings in Littelfuse by 10.7% in the 4th quarter. Profund Advisors LLC now owns 2,617 shares of the technology company’s stock valued at $518,000 after purchasing an additional 252 shares during the period. Advantus Capital Management Inc boosted its holdings in Littelfuse by 9.2% in the 1st quarter. Advantus Capital Management Inc now owns 3,054 shares of the technology company’s stock valued at $636,000 after purchasing an additional 257 shares during the period. Forward Management LLC boosted its holdings in Littelfuse by 16.1% in the 4th quarter. Forward Management LLC now owns 2,375 shares of the technology company’s stock valued at $470,000 after purchasing an additional 330 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Littelfuse by 47.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,330 shares of the technology company’s stock valued at $263,000 after purchasing an additional 430 shares during the period. 98.01% of the stock is owned by hedge funds and other institutional investors.

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In other news, Director Gordon Hunter sold 12,873 shares of Littelfuse stock in a transaction on Monday, March 12th. The shares were sold at an average price of $221.13, for a total transaction of $2,846,606.49. Following the completion of the sale, the director now directly owns 34,176 shares of the company’s stock, valued at approximately $7,557,338.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ryan K. Stafford sold 10,700 shares of Littelfuse stock in a transaction on Monday, February 26th. The stock was sold at an average price of $210.00, for a total transaction of $2,247,000.00. Following the sale, the executive vice president now directly owns 36,924 shares of the company’s stock, valued at $7,754,040. The disclosure for this sale can be found here. Insiders have sold a total of 58,526 shares of company stock valued at $12,601,426 over the last ninety days. 3.80% of the stock is currently owned by insiders.

Littelfuse opened at $215.39 on Friday, according to Marketbeat.com. Littelfuse, Inc. has a 52-week low of $157.91 and a 52-week high of $226.33. The company has a quick ratio of 2.68, a current ratio of 3.68 and a debt-to-equity ratio of 0.52. The firm has a market cap of $5.38 billion, a PE ratio of 25.58, a P/E/G ratio of 1.88 and a beta of 1.00.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, May 2nd. The technology company reported $2.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.58. Littelfuse had a net margin of 8.62% and a return on equity of 18.83%. The company had revenue of $417.81 million during the quarter, compared to the consensus estimate of $391.22 million. During the same period in the previous year, the firm posted $1.69 EPS. The firm’s revenue was up 46.4% compared to the same quarter last year. equities analysts expect that Littelfuse, Inc. will post 9.53 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 7th. Stockholders of record on Thursday, May 24th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Wednesday, May 23rd. Littelfuse’s dividend payout ratio is currently 19.12%.

LFUS has been the subject of several analyst reports. BidaskClub raised shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 15th. Zacks Investment Research raised shares of Littelfuse from a “hold” rating to a “buy” rating and set a $236.00 price target for the company in a report on Thursday, April 19th. Finally, ValuEngine raised shares of Littelfuse from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Littelfuse presently has an average rating of “Hold” and a consensus price target of $212.75.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells circuit protection products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, and gas discharge tubes; and semiconductor and power semiconductor products, such as discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.

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