Littelfuse (NASDAQ:LFUS) Sets New 52-Week High - Here's Why

Key Points

• Littelfuse's stock reached a new 52-week high of $272.08, closing at $271.12, following strong trading volume of 4,507 shares.
• Analysts have upgraded Littelfuse's stock ratings, with Baird R W raising it to a strong-buy and setting a target price increase from $290 to $310.
• The company announced a dividend increase to $0.75 per share, boosting its annualized dividend to $3.00, with a yield of 1.1%.

Littelfuse, Inc. (NASDAQ:LFUS - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $272.08 and last traded at $271.12, with a volume of 4507 shares traded. The stock had previously closed at $264.93.

Wall Street Analyst Weigh In

LFUS has been the topic of a number of research reports. Baird R W upgraded Littelfuse from a "hold" rating to a "strong-buy" rating in a report on Friday, October 10th. Wall Street Zen raised shares of Littelfuse from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Robert W. Baird raised Littelfuse from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $290.00 to $310.00 in a research report on Friday, October 10th. Weiss Ratings restated a "hold (c)" rating on shares of Littelfuse in a research report on Wednesday, October 8th. Finally, Zacks Research lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $292.50.

Littelfuse Trading Up 1.9%

The company has a debt-to-equity ratio of 0.30, a current ratio of 4.06 and a quick ratio of 2.98. The stock's 50 day moving average is $259.38 and its 200-day moving average is $227.00. The company has a market capitalization of $6.69 billion, a P/E ratio of 56.10, a P/E/G ratio of 2.14 and a beta of 1.45.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $2.85 EPS for the quarter, topping analysts' consensus estimates of $2.35 by $0.50. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The business had revenue of $613.41 million during the quarter, compared to the consensus estimate of $571.04 million. During the same quarter in the previous year, the firm posted $1.97 EPS. The firm's revenue was up 9.8% on a year-over-year basis. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. As a group, equities research analysts anticipate that Littelfuse, Inc. will post 9.49 earnings per share for the current year.

Littelfuse Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were paid a dividend of $0.75 per share. This is an increase from Littelfuse's previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 21st. Littelfuse's dividend payout ratio is presently 62.50%.

Insiders Place Their Bets

In other news, VP Ryan K. Stafford sold 10,206 shares of Littelfuse stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $261.34, for a total transaction of $2,667,236.04. Following the sale, the vice president owned 30,727 shares in the company, valued at $8,030,194.18. This trade represents a 24.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director T J. Chung sold 2,343 shares of the firm's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $246.11, for a total transaction of $576,635.73. Following the transaction, the director owned 18,730 shares of the company's stock, valued at approximately $4,609,640.30. This trade represents a 11.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,759 shares of company stock worth $6,697,362 over the last 90 days. Corporate insiders own 2.50% of the company's stock.

Institutional Trading of Littelfuse

Several institutional investors have recently bought and sold shares of LFUS. Ethic Inc. bought a new stake in Littelfuse during the 3rd quarter worth about $589,000. Precision Wealth Strategies LLC bought a new stake in Littelfuse during the 3rd quarter worth approximately $721,000. Blue Trust Inc. boosted its holdings in shares of Littelfuse by 1,666.7% in the 3rd quarter. Blue Trust Inc. now owns 106 shares of the technology company's stock worth $27,000 after buying an additional 100 shares during the last quarter. CWM LLC raised its position in shares of Littelfuse by 165.9% in the third quarter. CWM LLC now owns 7,179 shares of the technology company's stock valued at $1,859,000 after purchasing an additional 4,479 shares during the period. Finally, Pacer Advisors Inc. grew its position in shares of Littelfuse by 212.0% during the 3rd quarter. Pacer Advisors Inc. now owns 4,664 shares of the technology company's stock valued at $1,208,000 after purchasing an additional 3,169 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company's stock.

About Littelfuse

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.

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