Captrust Financial Advisors Has $395,000 Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Captrust Financial Advisors lifted its holdings in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 6.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,488 shares of the technology company’s stock after acquiring an additional 91 shares during the period. Captrust Financial Advisors’ holdings in Littelfuse were worth $395,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Victory Capital Management Inc. lifted its stake in Littelfuse by 2.0% during the third quarter. Victory Capital Management Inc. now owns 511,623 shares of the technology company’s stock worth $135,708,000 after purchasing an additional 10,119 shares during the period. Earnest Partners LLC raised its holdings in shares of Littelfuse by 2.4% in the 2nd quarter. Earnest Partners LLC now owns 444,654 shares of the technology company’s stock worth $113,649,000 after buying an additional 10,406 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Littelfuse by 13.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 419,586 shares of the technology company’s stock worth $107,244,000 after buying an additional 49,588 shares during the period. Van Lanschot Kempen Investment Management N.V. acquired a new stake in Littelfuse in the 2nd quarter valued at $100,662,000. Finally, Charles Schwab Investment Management Inc. grew its position in Littelfuse by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 303,947 shares of the technology company’s stock valued at $80,622,000 after acquiring an additional 8,195 shares during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

Littelfuse Price Performance

Shares of LFUS stock opened at $246.30 on Friday. Littelfuse, Inc. has a 1 year low of $222.91 and a 1 year high of $275.58. The company has a current ratio of 3.55, a quick ratio of 2.52 and a debt-to-equity ratio of 0.31. The firm’s 50 day moving average is $251.40 and its 200-day moving average is $255.37. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 31.66, a PEG ratio of 2.48 and a beta of 1.26.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Tuesday, October 29th. The technology company reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.62. The firm had revenue of $567.39 million for the quarter, compared to the consensus estimate of $557.38 million. Littelfuse had a return on equity of 8.49% and a net margin of 8.88%. The business’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.97 EPS. Sell-side analysts forecast that Littelfuse, Inc. will post 8.47 EPS for the current fiscal year.

Littelfuse Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, November 21st. Littelfuse’s dividend payout ratio (DPR) is presently 35.99%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on LFUS shares. Oppenheimer raised Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 price objective for the company in a report on Thursday, October 17th. StockNews.com upgraded shares of Littelfuse from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a report on Wednesday, October 30th. Finally, Robert W. Baird boosted their target price on Littelfuse from $300.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $285.00.

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.