Littelfuse (LFUS) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Littelfuse in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street 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.

5 brokerages have issued twelve-month price targets for Littelfuse's shares. Their LFUS share price forecasts range from $225.00 to $295.00. On average, they predict the company's share price to reach $259.00 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
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 stock has increased by 21.7% and is now trading at $268.00.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our LFUS earnings forecast.

Littelfuse, Inc. (NASDAQ:LFUS) released its earnings results on Tuesday, May, 2nd. The technology company reported $3.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.85 by $0.79. The technology company earned $609.78 million during the quarter, compared to the consensus estimate of $592.51 million. Littelfuse had a net margin of 13.78% and a trailing twelve-month return on equity of 17.92%. The firm's revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.99 EPS.

Littelfuse announced a quarterly dividend on Wednesday, April 26th. Investors of record on Thursday, May 25th will be given a dividend of $0.60 per share on Thursday, June 8th. This represents a $2.40 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date is Wednesday, May 24th.
Read our dividend analysis for LFUS.

ETFs with the largest weight of Littelfuse (NASDAQ:LFUS) stock in their portfolio include Guru Favorite Stocks ETF (GFGF), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Thrivent Small-Mid Cap ESG ETF (TSME), 2ndVote Life Neutral Plus ETF (LYFE), Schwab Ariel ESG ETF (SAEF), VanEck Morningstar SMID Moat ETF (SMOT), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).

Littelfuse (NASDAQ:LFUS) pays an annual dividend of $2.40 per share and currently has a dividend yield of 0.93%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 17.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LFUS will have a dividend payout ratio of 16.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LFUS.

Littelfuse issued an update on its second quarter earnings guidance on Tuesday, May, 2nd. The company provided earnings per share (EPS) guidance of $3.20-$3.45 for the period, compared to the consensus EPS estimate of $3.12. The company issued revenue guidance of $607-$633 million, compared to the consensus revenue estimate of $606.26 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.67%), Neuberger Berman Group LLC (3.74%), Impax Asset Management Group plc (3.63%), State Street Corp (2.73%), Victory Capital Management Inc. (2.14%) and Macquarie Group Ltd. (1.76%). 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 $268.00.

Littelfuse (NASDAQ:LFUS) has a market capitalization of $6.65 billion and generates $2.51 billion in revenue each year. The technology company earns $373.31 million in net income (profit) each year or $13.78 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.