Littelfuse, Inc. (NASDAQ:LFUS) Stock Has Consensus Price Target of $465.83 According to Brokerages

Shares of Littelfuse, Inc. (NASDAQ:LFUS) have been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $465.83.

Several analysts have recently issued reports on the company. Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th.

Littelfuse Price Performance

LFUS traded down $10.94 during trading on Friday, hitting $380.89. 157,884 shares of the company traded hands, compared to its average volume of 196,846. The company has a market cap of $9.67 billion, a PE ratio of -761.76, a P/E/G ratio of 2.07 and a beta of 1.48. The stock’s 50-day simple moving average is $422.41 and its two-hundred day simple moving average is $425.74. Littelfuse has a 1 year low of $233.36 and a 1 year high of $500.57. The company has a current ratio of 2.76, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $4.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.78 by $0.41. The company had revenue of $738.78 million for the quarter, compared to the consensus estimate of $703.38 million. Littelfuse had a negative net margin of 0.31% and a positive return on equity of 13.02%. Littelfuse’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. As a group, sell-side analysts anticipate that Littelfuse will post 15.78 earnings per share for the current fiscal year.

Littelfuse Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, August 20th. This is a positive change from Littelfuse’s previous quarterly dividend of $0.75. This represents a $3.20 dividend on an annualized basis and a yield of 0.8%. Littelfuse’s payout ratio is currently -640.00%.

Hedge Funds Weigh In On Littelfuse

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE bought a new position in shares of Littelfuse in the 2nd quarter valued at about $115,306,000. Gator Capital Management LLC purchased a new position in Littelfuse in the fourth quarter worth about $2,198,000. Baird Financial Group Inc. grew its position in Littelfuse by 491.7% in the second quarter. Baird Financial Group Inc. now owns 50,679 shares of the technology company’s stock worth $23,076,000 after acquiring an additional 42,114 shares in the last quarter. Hsbc Holdings PLC bought a new stake in Littelfuse during the second quarter worth approximately $3,332,000. Finally, Bank of New York Mellon Corp bought a new stake in Littelfuse during the second quarter worth approximately $86,345,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

About Littelfuse

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 circuit-protection devices, power semiconductor products, relays, switches, sensors and power-distribution components.

The company serves customers in the automotive, commercial vehicle, industrial, electronics and communications markets. Its products are used in applications ranging from vehicle electrification and battery systems to factory automation, renewable energy, consumer electronics and electrical infrastructure.

Founded in 1927, Littelfuse has expanded from its early focus on circuit protection into a global supplier of electrical and electronic components.