MassMutual Private Wealth & Trust FSB Has $133,000 Position in Littelfuse, Inc. (NASDAQ:LFUS)

MassMutual Private Wealth & Trust FSB decreased its stake in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 44.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 565 shares of the technology company’s stock after selling 447 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Littelfuse were worth $133,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC boosted its position in shares of Littelfuse by 17.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,639 shares of the technology company’s stock worth $675,000 after acquiring an additional 401 shares in the last quarter. Intech Investment Management LLC acquired a new stake in Littelfuse in the second quarter valued at $840,000. Canada Pension Plan Investment Board bought a new position in shares of Littelfuse during the second quarter worth about $128,000. Pacer Advisors Inc. raised its stake in Littelfuse by 60.9% during the second quarter. Pacer Advisors Inc. now owns 6,189 shares of the technology company’s stock worth $1,582,000 after buying an additional 2,342 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Littelfuse by 96.9% during the 2nd quarter. Sei Investments Co. now owns 80,537 shares of the technology company’s stock valued at $20,585,000 after purchasing an additional 39,640 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

Littelfuse Stock Up 0.5 %

Shares of NASDAQ LFUS opened at $236.70 on Friday. The business’s fifty day moving average price is $240.54 and its 200-day moving average price is $251.54. Littelfuse, Inc. has a one year low of $222.91 and a one year high of $275.58. The stock has a market capitalization of $5.87 billion, a PE ratio of 30.42, a P/E/G ratio of 1.94 and a beta of 1.26. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.55 and a quick ratio of 2.52.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Tuesday, October 29th. The technology company reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.62. The firm had revenue of $567.39 million during the quarter, compared to the consensus estimate of $557.38 million. Littelfuse had a net margin of 8.88% and a return on equity of 8.49%. The company’s revenue was down 6.5% on a year-over-year basis. During the same quarter last year, the company earned $2.97 earnings per share. On average, equities research analysts anticipate that Littelfuse, Inc. will post 8.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Oppenheimer upgraded 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 note on Friday, October 18th. Finally, Benchmark reissued a “hold” rating on shares of Littelfuse in a research report on Wednesday, October 30th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.00.

Insiders Place Their Bets

In other news, CAO Jeffrey G. Gorski sold 700 shares of the company’s stock in a transaction dated 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 directly owns 3,105 shares in the company, valued at $773,207.10. This represents a 18.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 2.30% of the company’s stock.

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.