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

Littelfuse (NASDAQ:LFUS) released its earnings results on Wednesday. The technology company reported $3.31 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.48, FiscalAI reports. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The business had revenue of $656.97 million during the quarter, compared to the consensus estimate of $638.98 million. During the same period last year, the company earned $2.19 earnings per share. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. 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 Stock Up 4.5%

NASDAQ LFUS traded up $18.87 during trading on Wednesday, hitting $441.67. The company’s stock had a trading volume of 794,924 shares, compared to its average volume of 241,817. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.69 and a quick ratio of 1.91. The company has a market cap of $11.11 billion, a PE ratio of -152.30, a P/E/G ratio of 2.71 and a beta of 1.46. The business’s 50 day simple moving average is $359.89 and its 200-day simple moving average is $307.40. Littelfuse has a fifty-two week low of $188.08 and a fifty-two week high of $475.00.

Littelfuse Dividend Announcement

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 issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, May 21st. Littelfuse’s dividend payout ratio (DPR) is currently -103.45%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LFUS. Benchmark upgraded Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 target price for the company in a research report on Thursday, January 29th. Williams Trading set a $450.00 target price on Littelfuse in a research report on Friday, May 1st. UBS Group set a $360.00 target price on Littelfuse in a research report on Thursday, January 29th. Weiss Ratings downgraded Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 13th. Finally, Wall Street Zen downgraded Littelfuse from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $401.67.

Trending Headlines about Littelfuse

Here are the key news stories impacting Littelfuse this week:

• Positive Sentiment: Q1 results beat expectations — non-GAAP EPS $3.31 vs. $2.83 est.; revenue $657.0M vs. ~$639M est., up ~18.5% year-over-year, signaling solid demand and margin recovery. Littelfuse (LFUS) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised Q2 FY2026 guidance to EPS $3.65–3.85 (above consensus ~3.40) and guided revenue roughly $690–710M, indicating confidence in near-term demand and execution. Littelfuse Reports First-Quarter Results for 2026
• Positive Sentiment: Company commentary and the earnings call struck an upbeat tone on growth and momentum (execution on strategic priorities, strong market demand), which supported the bullish reaction. Littelfuse Earnings Call Highlights Growth and Momentum
• Positive Sentiment: Board declared a quarterly cash dividend of $0.75 per share (record May 21; payable June 4), a modest yield but a sign of shareholder-return commitment.
• Neutral Sentiment: Full earnings call transcript, slide deck and conference materials are available for review (useful for investors digging into segment trends and margin drivers). Littelfuse, Inc. (LFUS) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Coverage item on the company’s new legal chief — governance/leadership hire that could have longer-term impact but is not the primary driver of today’s price move. Does Littelfuse’s (LFUS) New Legal Chief Hint At A Sharper Governance Edge In Complex Markets?
• Negative Sentiment: Despite the beat, the company still reported a negative GAAP net margin (~-3% reported) and some legacy profitability/one-time items that depress GAAP results; investors should watch sustainability of margin improvement. Littelfuse Reports First-Quarter Results for 2026 (MarketBeat summary)

Insider Activity

In related news, Director Anthony Grillo sold 5,000 shares of Littelfuse stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $346.24, for a total transaction of $1,731,200.00. Following the completion of the sale, the director owned 69,423 shares of the company’s stock, valued at $24,037,019.52. The trade was a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kristina A. Cerniglia sold 2,343 shares of Littelfuse stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $368.38, for a total value of $863,114.34. Following the sale, the director directly owned 4,255 shares of the company’s stock, valued at $1,567,456.90. This trade represents a 35.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 15,351 shares of company stock valued at $5,384,405. 1.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Littelfuse by 67.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after acquiring an additional 412,160 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Littelfuse by 58.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after acquiring an additional 225,445 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Littelfuse by 5.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 516,479 shares of the technology company’s stock valued at $130,635,000 after acquiring an additional 25,860 shares during the period. Wellington Management Group LLP acquired a new position in Littelfuse in the fourth quarter valued at approximately $114,166,000. Finally, Morgan Stanley lifted its holdings in Littelfuse by 6.0% in the fourth quarter. Morgan Stanley now owns 426,222 shares of the technology company’s stock valued at $107,801,000 after acquiring an additional 24,128 shares during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

About Littelfuse

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.