Littelfuse, Inc. (NASDAQ:LFUS – Get Free Report) shares fell 7% during mid-day trading on Thursday . The company traded as low as $441.89 and last traded at $447.5110. 140,743 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 275,200 shares. The stock had previously closed at $481.02.
Analysts Set New Price Targets
A number of brokerages have issued reports on LFUS. Robert W. Baird set a $360.00 target price on Littelfuse in a research note on Thursday, January 29th. Oppenheimer raised their price objective on Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Benchmark raised Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price objective for the company in a research report on Thursday, January 29th. Needham & Company LLC raised their price objective on Littelfuse from $450.00 to $520.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings downgraded Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Littelfuse presently has a consensus rating of “Buy” and an average price target of $436.67.
Read Our Latest Research Report on LFUS
Littelfuse Stock Down 4.3%
Littelfuse (NASDAQ:LFUS – Get Free Report) last announced its earnings results on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.83 by $0.48. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The company had revenue of $656.97 million during the quarter, compared to analysts’ expectations of $638.98 million. During the same period last year, the business posted $2.19 EPS. Littelfuse’s revenue for the quarter was up 18.5% on a year-over-year basis. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. On average, sell-side analysts expect that Littelfuse, Inc. will post 13.56 EPS for the current year.
Littelfuse Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, May 21st. Littelfuse’s dividend payout ratio (DPR) is -177.51%.
Insider Activity at Littelfuse
In related news, SVP Maggie Chu sold 815 shares of the firm’s stock in a transaction dated 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 directly owned 6,283 shares in the company, valued at $2,465,889.01. This trade represents a 11.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kristina A. Cerniglia sold 2,343 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $368.38, for a total value of $863,114.34. Following the transaction, the director owned 4,255 shares of the company’s stock, valued at $1,567,456.90. This trade represents a 35.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,351 shares of company stock worth $1,629,860 in the last three months. 1.00% of the stock is owned by company insiders.
Hedge Funds Weigh In On Littelfuse
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Key Capital Management INC purchased a new position in shares of Littelfuse in the 4th quarter valued at about $25,000. Atlas Capital Advisors Inc. purchased a new position in shares of Littelfuse in the 4th quarter valued at about $27,000. Cullen Frost Bankers Inc. purchased a new position in shares of Littelfuse in the 3rd quarter valued at about $31,000. V Square Quantitative Management LLC purchased a new position in shares of Littelfuse in the 4th quarter valued at about $30,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of Littelfuse by 57.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 134 shares of the technology company’s stock valued at $35,000 after buying an additional 49 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.
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.
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