Littelfuse (NASDAQ:LFUS) Posts Earnings Results, Beats Estimates By $0.48 EPS

Littelfuse (NASDAQ:LFUS) posted its quarterly earnings data on Wednesday. The technology company reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.83 by $0.48, FiscalAI reports. Littelfuse had a negative net margin of 3.00% and a positive return on equity of 10.53%. The business had revenue of $656.97 million for the quarter, compared to analyst estimates of $638.98 million. During the same quarter last year, the business earned $2.19 earnings per share. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. Littelfuse updated its Q2 2026 guidance to 3.650-3.850 EPS.

Here are the key takeaways from Littelfuse’s conference call:

• Reported a strong quarter with net sales of $657M (+19% YoY, +9% organic), adjusted EBITDA margin of 22.9% (+280 bps), adjusted EPS of $3.31 (+51%), and free cash flow of $66M, leaving net leverage at ~1x.
• The December Basler acquisition is integrating quickly, contributing meaningfully to industrial growth (Basler = ~39% of industrial sales growth) and producing strategic design wins in high‑power grid and data center systems.
• Demand breadth improved across key end markets—data center, grid utility infrastructure, and diversified industrials—with book‑to‑bill well above 1.0 and bookings >20% YoY, while transportation showed content gains despite soft production.
• Operational initiatives drove margin expansion (200–340 bps uplift across segments), but the company is still in the early stages of power semiconductor product rationalization and footprint optimization, which management says should improve long‑term profitability.
• Second‑quarter guidance calls for $690–710M sales (+14% YoY, +8% organic) and $3.65–3.85 adjusted EPS, and management will provide a detailed financial playbook and M&A strategy at Investor Day on May 14.

Littelfuse Price Performance

Littelfuse stock traded down $0.71 during mid-day trading on Thursday, hitting $440.97. The company’s stock had a trading volume of 199,289 shares, compared to its average volume of 269,907. The company has a quick ratio of 1.91, a current ratio of 2.69 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $11.10 billion, a P/E ratio of -152.06, a P/E/G ratio of 2.71 and a beta of 1.46. Littelfuse has a twelve month low of $192.44 and a twelve month high of $475.00. The stock’s fifty day moving average price is $359.89 and its two-hundred day moving average price is $307.40.

Littelfuse Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be given a $0.75 dividend. The ex-dividend date is Thursday, May 21st. This represents a $3.00 annualized dividend and a yield of 0.7%. Littelfuse’s payout ratio is -103.45%.

Littelfuse News Summary

Here are the key news stories impacting Littelfuse this week:

• Positive Sentiment: Q1 results beat consensus — Littelfuse reported non‑GAAP EPS of $3.31 and revenue of $657M, both above estimates, and management said results exceeded expectations. Littelfuse Reports First Quarter Results for 2026
• Positive Sentiment: Stronger guidance and acquisition momentum — LFUS raised Q2 guidance (adjusted EPS $3.65–$3.85; net sales $690M–$710M) and said the Basler integration is ahead of plan, supporting near‑term revenue/earnings visibility. Littelfuse expects Q2 net sales …
• Positive Sentiment: Analyst upgrade lifts sentiment — Needham raised its price target from $450 to $520 and reiterated a Buy rating, signaling ~18% upside vs. recent levels and likely supporting demand from growth‑oriented investors. Benzinga
• Positive Sentiment: Shares hit a new 1‑year high after earnings — the market reaction reflects investor enthusiasm for the beat, raised outlook, and integration progress. Littelfuse Reaches New 1-Year High…
• Positive Sentiment: Earnings‑call tone constructive — management commentary highlighted growth and execution momentum, which supports the better guidance and the bullish analyst reaction. Earnings Call Highlights
• Neutral Sentiment: Quarterly dividend declared — Littelfuse announced a $0.75 quarterly dividend (ex‑dividend May 21), a modest yield that supports income investors but is unlikely to be the main driver of short‑term moves.
• Neutral Sentiment: Full transcripts and coverage available — several transcripts and writeups (Seeking Alpha, Fool, Zacks, Yahoo) provide more detail for investors who want to dig into results and management comments. Earnings Call Transcript
• Neutral Sentiment: Leadership/governance note — coverage on the company’s new legal chief surfaced; useful for governance watchers but not an immediate earnings catalyst. Legal Chief Article

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Williams Trading set a $520.00 price objective on shares of Littelfuse in a research note on Thursday. Oppenheimer raised their price objective on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday. Wall Street Zen lowered shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 6th. Finally, Robert W. Baird set a $360.00 price objective on shares of Littelfuse in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Littelfuse presently has a consensus rating of “Moderate Buy” and a consensus price target of $436.67.

Insider Transactions at Littelfuse

In other Littelfuse news, CAO Jeffrey G. Gorski sold 2,500 shares of Littelfuse stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $346.89, for a total value of $867,225.00. Following the transaction, the chief accounting officer owned 6,433 shares in the company, valued at approximately $2,231,543.37. The trade was a 27.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Maggie Chu sold 815 shares of Littelfuse stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $392.47, for a total transaction of $319,863.05. Following the completion of the transaction, the senior vice president owned 6,283 shares in the company, valued at approximately $2,465,889.01. This trade represents a 11.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,851 shares of company stock valued at $4,228,285 in the last 90 days. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Littelfuse

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Littelfuse by 67.3% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock worth $259,035,000 after purchasing an additional 412,160 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in Littelfuse by 58.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock worth $154,273,000 after purchasing an additional 225,445 shares during the period. Dimensional Fund Advisors LP boosted its stake in Littelfuse by 5.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 516,479 shares of the technology company’s stock worth $130,635,000 after purchasing an additional 25,860 shares during the period. Wellington Management Group LLP acquired a new position in Littelfuse in the 4th quarter worth approximately $114,166,000. Finally, Morgan Stanley boosted its stake in Littelfuse by 6.0% in the 4th quarter. Morgan Stanley now owns 426,222 shares of the technology company’s stock worth $107,801,000 after purchasing an additional 24,128 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

Littelfuse Company Profile

Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.

The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.