Wall Street Zen upgraded shares of Littelfuse (NASDAQ:LFUS – Free Report) from a buy rating to a strong-buy rating in a research note published on Friday.
Other equities analysts have also recently issued research reports about the stock. Zacks Research upgraded shares of Littelfuse from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. Benchmark restated a “hold” rating on shares of Littelfuse in a research report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $234.50.
Check Out Our Latest Report on Littelfuse
Littelfuse Stock Up 1.2%
Littelfuse (NASDAQ:LFUS – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $0.50. The firm had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. On average, research analysts expect that Littelfuse will post 9.49 earnings per share for the current fiscal year.
Littelfuse Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 1.1%. This is a positive change from Littelfuse’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Thursday, August 21st. Littelfuse’s dividend payout ratio (DPR) is currently 62.50%.
Insider Buying and Selling
In related news, SVP Alexander Conrad sold 13,210 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the completion of the transaction, the senior vice president owned 3,427 shares of the company’s stock, valued at approximately $895,920.61. This represents a 79.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Ryan K. Stafford sold 10,206 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the transaction, the vice president directly owned 30,727 shares of the company’s stock, valued at $8,030,194.18. This trade represents a 24.93% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,759 shares of company stock valued at $6,697,362. Insiders own 2.50% of the company’s stock.
Institutional Investors Weigh In On Littelfuse
Institutional investors have recently bought and sold shares of the business. Huntington National Bank grew its stake in Littelfuse by 264.7% during the second quarter. Huntington National Bank now owns 124 shares of the technology company’s stock worth $28,000 after buying an additional 90 shares during the period. First Horizon Advisors Inc. grew its stake in Littelfuse by 228.2% during the first quarter. First Horizon Advisors Inc. now owns 128 shares of the technology company’s stock worth $25,000 after buying an additional 89 shares during the period. Traub Capital Management LLC purchased a new stake in Littelfuse during the second quarter worth approximately $29,000. Evelyn Partners Investment Management Services Ltd purchased a new stake in Littelfuse during the second quarter worth approximately $33,000. Finally, AlphaQuest LLC purchased a new stake in Littelfuse during the first quarter worth approximately $29,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.
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.
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