Littelfuse (NASDAQ:LFUS) Shares Break Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Littelfuse, Inc. (NASDAQ:LFUS) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $417.48 and traded as high as $432.14. Littelfuse shares last traded at $429.21, with a volume of 178,814 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on LFUS shares. Weiss Ratings raised shares of Littelfuse from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Zacks Research cut Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Robert W. Baird raised their price target on Littelfuse from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Littelfuse currently has a consensus rating of “Moderate Buy” and an average target price of $465.83.

Littelfuse Stock Down 0.8%

The company has a market capitalization of $10.80 billion, a price-to-earnings ratio of -849.76, a price-to-earnings-growth ratio of 2.27 and a beta of 1.47. The firm’s 50 day moving average price is $424.48 and its two-hundred day moving average price is $418.17. 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 the consensus estimate of $3.78 by $0.41. The business had revenue of $738.78 million during the quarter, compared to the consensus estimate of $703.38 million. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%.The company’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.30 EPS. Littelfuse has set its Q3 2026 guidance at 4.850-5.050 EPS. Sell-side analysts anticipate that Littelfuse, Inc. 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 given a dividend of $0.80 per share. 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%. The ex-dividend date of this dividend was Thursday, August 20th. Littelfuse’s payout ratio is -640.00%.

Institutional Trading of Littelfuse

A number of institutional investors have recently modified their holdings of LFUS. BlackRock Inc. acquired a new position in Littelfuse in the 2nd quarter worth about $1,148,821,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Littelfuse in the second quarter valued at $185,057,000. William Blair Investment Management LLC acquired a new stake in Littelfuse during the second quarter worth approximately $146,471,000. Norges Bank acquired a new stake in shares of Littelfuse during the 4th quarter worth approximately $73,575,000. Finally, Bank of America Corp DE bought a new position in Littelfuse in the second quarter worth approximately $115,306,000. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Company Profile

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.