Radnor Capital Management LLC Has $594,000 Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Radnor Capital Management LLC reduced its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 3.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,450 shares of the technology company’s stock after selling 100 shares during the period. Radnor Capital Management LLC’s holdings in Littelfuse were worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Littelfuse by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 2,662,648 shares of the technology company’s stock worth $712,418,000 after buying an additional 30,356 shares during the period. Norges Bank bought a new stake in shares of Littelfuse in the fourth quarter worth $150,004,000. Victory Capital Management Inc. increased its holdings in Littelfuse by 4.8% in the fourth quarter. Victory Capital Management Inc. now owns 421,392 shares of the technology company’s stock valued at $112,748,000 after purchasing an additional 19,435 shares during the period. Invesco Ltd. raised its position in Littelfuse by 6.8% during the 3rd quarter. Invesco Ltd. now owns 414,889 shares of the technology company’s stock worth $102,610,000 after purchasing an additional 26,278 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Littelfuse by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 346,174 shares of the technology company’s stock worth $92,627,000 after buying an additional 10,770 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Buying and Selling

In other Littelfuse news, CFO Meenal Sethna sold 6,114 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $256.49, for a total value of $1,568,179.86. Following the completion of the sale, the chief financial officer now owns 22,432 shares of the company’s stock, valued at $5,753,583.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Littelfuse news, CFO Meenal Sethna sold 6,114 shares of the company’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $256.49, for a total transaction of $1,568,179.86. Following the transaction, the chief financial officer now owns 22,432 shares in the company, valued at $5,753,583.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Deepak Nayar sold 1,305 shares of Littelfuse stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $250.25, for a total transaction of $326,576.25. Following the transaction, the senior vice president now owns 4,630 shares of the company’s stock, valued at $1,158,657.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,638 shares of company stock valued at $2,463,552. 2.30% of the stock is owned by company insiders.

Littelfuse Price Performance

Littelfuse stock opened at $265.90 on Monday. The stock’s 50 day moving average price is $249.29 and its two-hundred day moving average price is $245.86. The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 30.46, a PEG ratio of 2.54 and a beta of 1.29. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.44 and a current ratio of 3.57. Littelfuse, Inc. has a 52-week low of $212.80 and a 52-week high of $309.94.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Tuesday, April 30th. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.01. Littelfuse had a net margin of 9.58% and a return on equity of 10.21%. The business had revenue of $535.39 million for the quarter, compared to analyst estimates of $519.08 million. During the same period in the prior year, the firm earned $3.64 earnings per share. Littelfuse’s revenue was down 12.2% on a year-over-year basis. On average, equities analysts predict that Littelfuse, Inc. will post 8.59 earnings per share for the current year.

Littelfuse Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 6th. Investors of record on Thursday, May 23rd were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend was Wednesday, May 22nd. Littelfuse’s payout ratio is 29.78%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LFUS. Benchmark restated a “hold” rating on shares of Littelfuse in a research report on Thursday, May 2nd. Robert W. Baird upgraded shares of Littelfuse from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $270.00 to $300.00 in a research report on Friday, May 17th. StockNews.com cut shares of Littelfuse from a “buy” rating to a “hold” rating in a research report on Saturday, March 30th. Baird R W upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a report on Friday, May 17th. Finally, Jefferies Financial Group assumed coverage on shares of Littelfuse in a research report on Tuesday, April 9th. They set a “hold” rating and a $260.00 price target on the stock. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $280.00.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, 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.