Bank of Montreal Can Has $807,000 Stock Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

Bank of Montreal Can boosted its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 10.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,426 shares of the technology company’s stock after buying an additional 314 shares during the period. Bank of Montreal Can’s holdings in Littelfuse were worth $807,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of LFUS. Quent Capital LLC raised its holdings in shares of 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 acquiring an additional 105 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Littelfuse by 181.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company’s stock valued at $38,000 after purchasing an additional 105 shares during the period. Bank of Jackson Hole Trust bought a new stake in shares of Littelfuse in the fourth quarter valued at about $40,000. Smartleaf Asset Management LLC boosted its position in shares of Littelfuse by 548.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company’s stock worth $44,000 after buying an additional 159 shares during the period. Finally, Global X Japan Co. Ltd. grew its holdings in shares of Littelfuse by 221.0% during the fourth quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company’s stock worth $61,000 after buying an additional 179 shares in the last quarter. Institutional investors own 96.14% of the company’s stock.

Wall Street Analysts Forecast Growth

LFUS has been the subject of a number of recent research reports. Robert W. Baird reaffirmed a “neutral” rating and set a $182.00 price target (down previously from $225.00) on shares of Littelfuse in a research report on Tuesday, April 15th. Benchmark restated a “hold” rating on shares of Littelfuse in a report on Thursday, April 10th. StockNews.com lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Finally, Baird R W cut Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $258.00.

Littelfuse Stock Performance

Shares of LFUS stock opened at $153.89 on Friday. The stock has a market cap of $3.80 billion, a P/E ratio of 34.20, a P/E/G ratio of 2.24 and a beta of 1.30. The company has a fifty day moving average price of $204.50 and a two-hundred day moving average price of $230.51. Littelfuse, Inc. has a one year low of $142.10 and a one year high of $275.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.61 and a quick ratio of 2.62.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, hitting 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 quarter in the previous year, the company earned $2.02 earnings per share. As a group, equities analysts predict that Littelfuse, Inc. will post 9.49 EPS for the current year.

Littelfuse Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date was Thursday, February 20th. Littelfuse’s dividend payout ratio is presently 62.22%.

About Littelfuse

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.