Littelfuse, Inc. (NASDAQ:LFUS – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $398.29 and traded as high as $414.41. Littelfuse shares last traded at $404.08, with a volume of 428,159 shares traded.
Trending Headlines about Littelfuse
Here are the key news stories impacting Littelfuse this week:
- Positive Sentiment: Adjusted earnings significantly exceeded expectations. Littelfuse reported quarterly adjusted EPS of $5.79, above analyst estimates near $4.95–$4.97 and up sharply from $2.77–$2.95 a year earlier. The earnings outperformance was the primary catalyst for the stock’s rise. Littelfuse beats third-quarter earnings estimates
- Positive Sentiment: Record revenue and profit growth supported the bullish reaction. Third-quarter net sales were reported at approximately $766.7 million, up 22.7% year over year, while GAAP net income rose to $115.4 million and diluted EPS reached $4.49. Operating cash flow was $230.1 million and free cash flow was $215.7 million. Littelfuse third-quarter results
- Positive Sentiment: Management issued solid fourth-quarter guidance. Littelfuse expects fourth-quarter sales of $750 million to $770 million and adjusted diluted EPS of $5.05 to $5.25. It also reaffirmed long-term 2030 targets of $4.5 billion in revenue and $1.1 billion in adjusted EBITDA. Littelfuse guidance and long-term targets
- Positive Sentiment: Needham reaffirmed its Buy rating and set a $520 price target, signaling continued analyst confidence in LFUS’s growth outlook. Needham analyst recommendation
- Neutral Sentiment: Littelfuse declared a quarterly dividend of $0.80 per share, equivalent to $3.20 annually and a yield of roughly 0.8%. The payment is scheduled for December 3 to shareholders of record November 19. Littelfuse dividend announcement
- Negative Sentiment: Reported revenue of $766.7 million was below the FactSet estimate of $792.5 million, although the earnings beat and profit growth outweighed the sales shortfall. Recent insider activity also showed selling rather than open-market purchases, a secondary caution for investors.
Wall Street Analyst Weigh In
LFUS has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Littelfuse in a report on Wednesday. Zacks Research cut shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Oppenheimer restated an “outperform” rating on shares of Littelfuse in a report on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 price target on shares of Littelfuse in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.
Read Our Latest Stock Analysis on LFUS
Littelfuse Price Performance
The firm has a market cap of $10.26 billion, a price-to-earnings ratio of 331.22, a PEG ratio of 2.04 and a beta of 1.48. The company has a quick ratio of 2.00, a current ratio of 2.67 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average price is $409.98 and its 200-day moving average price is $398.29.
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The technology company reported $5.79 earnings per share for the quarter, beating analysts’ consensus estimates of $4.97 by $0.82. The firm had revenue of $795.20 million during the quarter, compared to analysts’ expectations of $792.49 million. Littelfuse had a net margin of 1.37% and a return on equity of 15.86%. The business’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.77 earnings per share. On average, equities research analysts forecast that Littelfuse, Inc. will post 15.78 EPS for the current year.
Littelfuse Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be issued a dividend of $0.80 per share. The ex-dividend date is Thursday, November 19th. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. Littelfuse’s dividend payout ratio is -640.00%.
Hedge Funds Weigh In On Littelfuse
Institutional investors have recently modified their holdings of the business. North Dakota State Investment Board increased its position in shares of Littelfuse by 4.2% during the third quarter. North Dakota State Investment Board now owns 761 shares of the technology company’s stock worth $322,000 after acquiring an additional 31 shares during the period. Parallel Advisors LLC boosted its holdings in Littelfuse by 6.0% in the first quarter. Parallel Advisors LLC now owns 597 shares of the technology company’s stock valued at $203,000 after purchasing an additional 34 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in Littelfuse by 3.8% in the third quarter. Fifth Third Wealth Advisors LLC now owns 923 shares of the technology company’s stock valued at $391,000 after purchasing an additional 34 shares during the period. Versant Capital Management Inc boosted its holdings in Littelfuse by 168.0% in the third quarter. Versant Capital Management Inc now owns 67 shares of the technology company’s stock valued at $28,000 after purchasing an additional 42 shares during the period. Finally, Everhart Financial Group Inc. grew its stake in Littelfuse by 3.0% during the 2nd quarter. Everhart Financial Group Inc. now owns 1,522 shares of the technology company’s stock worth $693,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.
Littelfuse Company Profile
Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and other circuit-protection devices, power semiconductor products, relays, switches, sensors and related electronic components.
The company serves customers in the automotive, commercial vehicle, industrial, electronics, energy and communications markets. Its products are used in applications such as vehicle electrification, battery systems, industrial equipment, power distribution, renewable energy systems, data infrastructure and consumer electronics.
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