Atria Wealth Solutions Inc. Purchases 50 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Atria Wealth Solutions Inc. lifted its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 953 shares of the technology company’s stock after purchasing an additional 50 shares during the period. Atria Wealth Solutions Inc.’s holdings in Littelfuse were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Venturi Wealth Management LLC grew its position in Littelfuse by 2,746.7% during the fourth quarter. Venturi Wealth Management LLC now owns 427 shares of the technology company’s stock worth $101,000 after buying an additional 412 shares in the last quarter. Rhumbline Advisers grew its position in Littelfuse by 2.9% during the fourth quarter. Rhumbline Advisers now owns 69,322 shares of the technology company’s stock worth $16,336,000 after buying an additional 1,979 shares in the last quarter. Van ECK Associates Corp grew its position in Littelfuse by 21.9% during the fourth quarter. Van ECK Associates Corp now owns 40,740 shares of the technology company’s stock worth $9,600,000 after buying an additional 7,331 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Littelfuse by 26.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 129,836 shares of the technology company’s stock worth $30,473,000 after buying an additional 26,975 shares in the last quarter. Finally, Quent Capital LLC grew its position in Littelfuse by 525.0% during the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company’s stock worth $29,000 after buying an additional 105 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Insider Activity at Littelfuse

In related news, CAO Jeffrey G. Gorski sold 700 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $249.02, for a total transaction of $174,314.00. Following the sale, the chief accounting officer now owns 3,105 shares of the company’s stock, valued at $773,207.10. This trade represents a 18.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.30% of the stock is currently owned by company insiders.

Littelfuse Trading Down 1.0 %

Shares of LFUS stock opened at $232.11 on Friday. The stock’s fifty day moving average price is $237.90 and its two-hundred day moving average price is $248.49. The company has a market cap of $5.76 billion, a PE ratio of 51.58, a P/E/G ratio of 2.24 and a beta of 1.26. Littelfuse, Inc. has a fifty-two week low of $222.73 and a fifty-two week high of $275.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.62 and a current ratio of 3.61.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Tuesday, January 28th. The technology company reported $2.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.04. Littelfuse had a return on equity of 8.55% and a net margin of 5.16%. During the same period in the prior year, the firm posted $2.02 EPS. Equities analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current fiscal year.

Littelfuse Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 20th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Thursday, February 20th. Littelfuse’s dividend payout ratio (DPR) is 62.22%.

Analyst Ratings Changes

A number of brokerages recently issued reports on LFUS. StockNews.com raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Wednesday. Robert W. Baird reduced their price target on Littelfuse from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, Benchmark reissued a “hold” rating on shares of Littelfuse in a research report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Littelfuse has a consensus rating of “Moderate Buy” and a consensus 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.