Littelfuse (LFUS) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Littelfuse in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LFUS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LFUS, but not buy additional shares or sell existing shares.
View LFUS analyst ratings or view top-rated stocks.

4 analysts have issued 12 month price targets for Littelfuse's stock. Their LFUS share price forecasts range from $225.00 to $295.00. On average, they predict the company's stock price to reach $259.00 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for LFUS or view top-rated stocks among Wall Street analysts.

Littelfuse's stock was trading at $220.20 at the beginning of 2023. Since then, LFUS shares have increased by 12.2% and is now trading at $247.09.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our LFUS earnings forecast.

Littelfuse, Inc. (NASDAQ:LFUS) issued its quarterly earnings results on Tuesday, August, 1st. The technology company reported $3.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.32 by $0.20. The technology company earned $612 million during the quarter, compared to analyst estimates of $618.83 million. Littelfuse had a trailing twelve-month return on equity of 16.06% and a net margin of 13.14%.

Littelfuse announced a quarterly dividend on Thursday, July 27th. Investors of record on Thursday, August 24th will be given a dividend of $0.65 per share on Thursday, September 7th. This represents a $2.60 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Wednesday, August 23rd. This is a positive change from the stock's previous quarterly dividend of $0.60.
Read our dividend analysis for LFUS.

ETFs with the largest weight of Littelfuse (NASDAQ:LFUS) stock in their portfolio include VictoryShares THB Mid Cap ESG ETF (MDCP), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Guru Favorite Stocks ETF (GFGF), 2ndVote Life Neutral Plus ETF (LYFE), Thrivent Small-Mid Cap ESG ETF (TSME), Schwab Ariel ESG ETF (SAEF), VanEck Morningstar SMID Moat ETF (SMOT) and Inspire Tactical Balanced ETF (RISN).

Littelfuse (NASDAQ:LFUS) pays an annual dividend of $2.60 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LFUS will have a dividend payout ratio of 19.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LFUS.

Littelfuse updated its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of $2.48-$2.72 for the period, compared to the consensus estimate of $3.42. The company issued revenue guidance of $570.00 million-$595.00 million, compared to the consensus revenue estimate of $623.70 million.

187 employees have rated Littelfuse Chief Executive Officer Dave Heinzmann on Glassdoor.com. Dave Heinzmann has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Littelfuse investors own include NVIDIA (NVDA), Intel (INTC), Netflix (NFLX), Johnson & Johnson (JNJ), Skyworks Solutions (SWKS), Costco Wholesale (COST), Cisco Systems (CSCO), Merck & Co., Inc. (MRK), NIKE (NKE) and Visa (V).

Littelfuse trades on the NASDAQ under the ticker symbol "LFUS."

Littelfuse's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.62%), Impax Asset Management Group plc (3.15%), State Street Corp (2.73%), Alliancebernstein L.P. (2.50%), Earnest Partners LLC (1.91%) and Victory Capital Management Inc. (1.75%). Insiders that own company stock include Alexander Conrad, Anthony Grillo, Cary T Fu, David W Heinzmann, Deepak Nayar, Gordon Hunter, Jeffrey G Gorski, John E Major, Matthew Cole, Meenal Sethna, Nathan Zommer, Ryan K Stafford, T J Chung and William P Noglows.
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Shares of LFUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LFUS stock can currently be purchased for approximately $247.09.

Littelfuse (NASDAQ:LFUS) has a market capitalization of $6.15 billion and generates $2.51 billion in revenue each year. The technology company earns $373.31 million in net income (profit) each year or $13.09 on an earnings per share basis.

The company employs 18,000 workers across the globe.

Littelfuse's mailing address is 8755 WEST HIGGINS ROAD SUITE 500, CHICAGO IL, 60631. The official website for the company is www.littelfuse.com. The technology company can be reached via phone at (773) 628-1000, via email at investorrelations@littelfuse.com, or via fax at 847-787-5190.