Littelfuseの空売り状況は、投資家がLittelfuseの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Littelfuse (NASDAQ:LFUS) 株価情報, 空売り情報

Littelfuse

Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.

Littelfuse Inc

Jeffrey Gorski, SVP &amp; Chief Accounting Officer at Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>), executed a substantial insider sell on December 16, according to an SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000889331/000088933124000203//Archives/edgar/data/889331/000088933124000203/0000889331-24-000203-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Gorski sold 700 shares of Littelfuse. The total transaction value is $174,314.
The latest update on Monday morning shows Littelfuse shares down by 0.0%, trading at $246.3.
<h3>Unveiling the Story Behind Littelfuse</h3>
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
<h3>Littelfuse: A Financial Overview</h3>
Negative Revenue Trend: Examining Littelfuse's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -6.54% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 38.05%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Littelfuse's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 2.34.
</li>
</ul>
Debt Management: Littelfuse's debt-to-equity ratio is below the industry average. With a ratio of 0.36, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: Littelfuse's P/E ratio of 31.66 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 2.81 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 15.07 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Uncovering the Importance of Insider Activity</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000889331">Check Out The Full List Of Littelfuse's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

LFUS

Insider Selling: Jeffrey Gorski Unloads $174K Of Littelfuse Stock

Benchmark analyst David Williams reiterates Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) with a Hold.

Reiteration

Analyst Ratings

Benchmark Reiterates Hold on Littelfuse

Guidance

Littelfuse Expects Q4 Net Sales Of $510M - $540M, Adjusted EPS Of $1.90 - $2.10

Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) reported quarterly earnings of $2.71 per share which beat the analyst consensus estimate of $2.09 by 29.67 percent. This is a 8.75 percent decrease over earnings of $2.97 per share from the same period last year. The company reported quarterly sales of $567.39 million which beat the analyst consensus estimate of $557.38 million by 1.80 percent. This is a 6.54 percent decrease over sales of $607.07 million the same period last year.

Earnings

Earnings Beats

Littelfuse Q3 2024 Adj EPS $2.71 Beats $2.09 Estimate, Sales $567.39M Beat $557.38M Estimate

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) is losing a <a href="https://www.benzinga.com/quote/NNE/news">&#8220;lot of money.&#8221;</a>
On Oct. 1, NANO Nuclear Energy said Carlos O. Maidana has been named as the company&#8217;s head of thermal hydraulics and space program.
Cramer recommended buying McKesson Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>). &#8220;I'm ready to start buying, don't buy all at once.&#8221;
On Sept. 25, Deutsche Bank analyst George Hill maintained McKesson with a Buy and lowered the price target from $623 to $579.
Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) is a &#8220;little too much oil for me," Cramer said.
On Oct 1, Wells Fargo analyst Roger Read maintained Diamondback Energy with an Overweight and lowered the price target from $230 to $219.
&#8220;It's got a huge multiple for its growth rate, and that is worrisome to me. I'm going to have to say we got to come back with something that is less expensive,&#8221; Cramer said when asked about Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>).
On Aug. 29, Baird analyst Luke Junk maintained Littelfuse with an Outperform and raised the price target from $300 to $315.
Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) is a &#8220;value trap,&#8221; Cramer said.
On Sept. 9, UBS analyst Manav Gupta maintained Archer-Daniels Midland with a Neutral and raised the price target from $60 to $64.
Price Action:
<ul>
<li>NANO Nuclear Energy shares gained 14.8% to settle at $16.54 on Tuesday.</li>
<li>McKesson shares gained 0.8% to close at $498.48 during the session.</li>
<li>Diamondback shares gained 3% to close at $177.52 during Tuesday's session.</li>
<li>Littelfuse shares fell 1.7% to settle at $260.64 on Tuesday.</li>
<li>Archer-Daniels-Midland shares fell 0.4% to close at $59.52 on Tuesday.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/24/09/41102060/jim-cramer-hand-picks-these-3-stocks-to-ride-the-crest-of-the-chinese-stimulus-frenzy">Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy</a></li>
</ul>
Image: Shutterstock

Long Ideas

Markets

Media

FANG

Jim Cramer: This Consumer Defensive Stock Is A Buy, Archer-Daniels-Midland Is A 'Value Trap'

Maggie Chu, SVP at Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>), reported an insider sell on August 29, according to a new SEC filing. 
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000889331/000088933124000169//Archives/edgar/data/889331/000088933124000169/0000889331-24-000169-index.htm">U.S. Securities and Exchange Commission</a> on Thursday outlined that Chu executed a sale of 1,234 shares of Littelfuse with a total value of $336,837.
During Friday's morning session, Littelfuse shares down by 0.0%, currently priced at $269.62.
<h3>Unveiling the Story Behind Littelfuse</h3>
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
<h3>Breaking Down Littelfuse's Financial Performance</h3>
Negative Revenue Trend: Examining Littelfuse's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -8.74% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 37.06%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Littelfuse's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 1.83.
</li>
</ul>
Debt Management: Littelfuse's debt-to-equity ratio is below the industry average. With a ratio of 0.37, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Littelfuse's current Price to Earnings (P/E) ratio of 34.74 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.03 is above industry norms, reflecting an elevated valuation for Littelfuse's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 16.61, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000889331">Check Out The Full List Of Littelfuse's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Littelfuse SVP Trades $336K In Company Stock

Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Littelfuse and provided 12-month price targets. The average target is $275.0, accompanied by a high estimate of $315.00 and a low estimate of $250.00. Observing a 4.96% increase, the current average has risen from the previous average price target of $262.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1724932860_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Littelfuse. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Luke Junk</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$280.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Karl Ackerman</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$260.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$270.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$250.00</td>
<td>$240.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Littelfuse. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Littelfuse compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Littelfuse's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Littelfuse's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LFUS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Littelfuse analyst ratings.</a>
<h2>About Littelfuse</h2>
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
<h3>A Deep Dive into Littelfuse's Financials</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Littelfuse's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -8.74%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Littelfuse's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.14% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Littelfuse's ROE stands out, surpassing industry averages. With an impressive ROE of 1.84%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.16%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.37, Littelfuse adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring Littelfuse Through Analyst Insights

Baird analyst Luke Junk maintains Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) with a Outperform and raises the price target from $300 to $315.

Price Target

Baird Maintains Outperform on Littelfuse, Raises Price Target to $315

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our<a href="https://www.benzinga.com/analyst-stock-ratings"> analyst ratings page.</a>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586e4055351b9b00018beea7/tim-long">Barclays analyst Tim Long</a> upgraded the rating for Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) from Underweight to Equal-Weight and announced a price target of $97. Dell shares gained 2.9% to close at $95.27 on Monday. <a href="https://www.benzinga.com/quote/DELL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup analyst Thomas Palmer upgraded Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) from Neutral to Buy and raised the price target from $33 to $37. Hormel shares fell 2.4% to close at $31.25 on Monday. <a href="https://www.benzinga.com/quote/HRL/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58b59ca9b85e930001267b82/david-tarantino">Baird analyst David Tarantino</a> upgraded the rating for Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) from Neutral to Outperform and boosted the price target from $81 to $110. Starbucks shares closed at $77.03 on Monday. <a href="https://www.benzinga.com/quote/SBUX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Ladenburg Thalmann analyst Paul Fremont upgraded Alliant Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) from Neutral to Buy, while increasing the price target from $50 to $62.5. Alliant Energy shares closed at $55.96 on Monday. <a href="https://www.benzinga.com/quote/LNT/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59f1c1bcefacff0001706782/matthew-sheerin">Stifel analyst Matthew Sheerin</a> upgraded the rating for Littelfuse, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) from Hold to Buy and increased the price target from $270 to $280. Littelfuse shares closed at $240.71 on Monday. <a href="https://www.benzinga.com/quote/LFUS/analyst-ratings">See how other analysts view this stock. See how other analysts view this stock.</a></li>
</ul>
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</ul>
Considering buying Dell stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="562" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/13093653/image-90-1024x562.png" alt="" class="wp-image-492362" style="width:507px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/13093653/image-90-1024x562.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/13093653/image-90-300x165.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/13093653/image-90-768x422.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/13093653/image-90.png 1251w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

Upgrades

DELL

SBUX

This Dell Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday

Analysts' ratings for Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) over the last quarter vary from bullish to bearish, as provided by 5 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Littelfuse and provided 12-month price targets. The average target is $272.0, accompanied by a high estimate of $300.00 and a low estimate of $250.00. Marking an increase of 6.25%, the current average surpasses the previous average price target of $256.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1723550495_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Littelfuse is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$280.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Karl Ackerman</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$260.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$270.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Matthew Sheerin</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$250.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Luke Junk</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$270.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Littelfuse. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Littelfuse compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Littelfuse's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Littelfuse's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LFUS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Littelfuse analyst ratings.</a>
<h2>About Littelfuse</h2>
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
<h3>Breaking Down Littelfuse's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Littelfuse's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -8.74%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.14%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Littelfuse's ROE stands out, surpassing industry averages. With an impressive ROE of 1.84%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Littelfuse's ROA stands out, surpassing industry averages. With an impressive ROA of 1.16%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.37, Littelfuse adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

5 Analysts Assess Littelfuse: What You Need To Know

Stifel analyst Matthew Sheerin upgrades Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) from Hold to Buy and raises the price target from $270 to $280.

Stifel Upgrades Littelfuse to Buy, Raises Price Target to $280

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Next Technology Holding Inc. - Ordinary Shares

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Shares of companies in the broader technology sector are trading lower amid an overall market selloff following weak US jobs data. Weakness in Amazon and Intel has also weighed on the tech sector.

TD Cowen analyst Karl Ackerman maintains Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) with a Hold and raises the price target from $250 to $260.

TD Cowen Maintains Hold on Littelfuse, Raises Price Target to $260

Stifel analyst Matthew Sheerin maintains Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) with a Hold and raises the price target from $250 to $270.

Stifel Maintains Hold on Littelfuse, Raises Price Target to $270

Adjusted Effective Tax Rate Approximately 26%

Littlefuse Net Sales Expected Between $540M - $570M; Adjusted Diluted EPS Between $1.95 - $2.15

Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.75 by 12.57 percent. The company reported quarterly sales of $558.49 million which beat the analyst consensus estimate of $540.31 million by 3.36 percent. This is a 8.74 percent decrease over sales of $612.00 million the same period last year.

Littelfuse Q2 2024 Adj EPS $1.97 Beats $1.75 Estimate, Sales $558.49M Beat $540.31M Estimate

Stifel analyst Matthew Sheerin maintains Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) with a Hold and raises the price target from $240 to $250.

Stifel Maintains Hold on Littelfuse, Raises Price Target to $250

Investors are broadening their horizons, seeking the next wave of AI winners beyond the typical frontrunners after&nbsp;Nvidia Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) reported stellar results, reflecting Wall Street&#8217;s intense focus on artificial intelligence.
There is an increasing realization that the growth of AI infrastructure will impact more than just chipmakers like Nvidia and server manufacturers such as&nbsp;Super Micro Computers Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>).
Various sectors are expected to benefit, including makers of electrical components like&nbsp;Amphenol Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>), as well as real estate investment trusts focused on data centers, which anticipate rising demand with the expansion of AI and the shift of more workloads to the cloud,&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-24/investors-cast-wider-net-for-ai-winners-after-nvidia-delivers?srnd=technology-ai&amp;sref=TBDibEcD" rel="noreferrer noopener">Bloomberg</a>&nbsp;writes.
The energy needed to power AI is also expected to benefit utilities and companies connected to the power grid.
&#8220;I never believed it would impact electricity prices this much, but people are discussing multi-gigawatt expansions,&#8221;&nbsp;Brian Frank, president of&nbsp;Frank Capital Partners, told Bloomberg.
He noted AI&#8217;s significant influence on his energy and utility stock portfolio. AI is considered the current growth engine across various sectors.
Goldman Sachs strategists highlight that hedge funds are diversifying their AI-related investments, reducing their stakes in the Magnificent Seven while increasing exposure to infrastructure and utility sub-industries.
Companies gaining popularity include&nbsp;Littelfuse Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>), an electric utility&nbsp;AES Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>), and technology supply chain services firm&nbsp;TD Synnex Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>).
A Goldman Sachs basket tracking growing power demand has surged 40% this year, with a 0.8% rise on Friday.
In contrast, AI-exposed hardware stocks increased by 27%, including a 0.7% gain on Friday. The Bloomberg Magnificent 7 Total Return Index has grown 24%, and the Nasdaq 100 Index has risen 11%.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/general/social-media/24/05/38994463/nvidias-all-time-high-sparks-social-media-frenzy-just-waiting-for-the-incoming-gravy" rel="noreferrer noopener">Nvidia&#8217;s All-Time High Sparks Social Media Frenzy: &#8216;Just Waiting For The Incoming Gravy&#8217;</a>
Bank of America&nbsp;Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) asserts that AI investments are no longer solely about Nvidia, predicting a virtuous cycle of AI-related growth benefiting power, commodities, and utilities.
Less prominent AI stocks like Amphenol have climbed 40% this year, hitting record highs and splitting stocks.
AES has risen 30% since April, while TD Synnex&nbsp;is poised&nbsp;for its largest monthly gain since November 2022. Power producer&nbsp;Vistra Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) has soared 150% as AI fuels electricity demand.&nbsp;AXT Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXTI#NASDAQ">AXTI</a>), a maker of compound semiconductor substrates, is up 35% this year after post-earnings rallies.
Nvidia, a key player in AI, has surged over 90% this year, underscoring robust demand.
Other major AI companies, such as&nbsp;Meta Platforms Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>),&nbsp;Microsoft Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and&nbsp;Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), have also seen double-digit gains.
Despite their strong performance, greater growth potential may lie with smaller or lesser-known stocks.
Notably, while&nbsp;Intel Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) was larger than Nvidia as recently as 2020, their paths have diverged.
Nvidia&#8217;s market cap exceeds $2.5 trillion, compared to Intel&#8217;s $128 billion. Nvidia&#8217;s recent 9.3% rally&nbsp;alone&nbsp;added nearly $218 billion to its valuation, more than Intel&#8217;s total market value.
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next: <a href="https://www.benzinga.com/24/05/38997534/nvidias-market-dominance-seems-bubbly-says-renowned-wall-street-investor-rob-arnott" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s Market Dominance &#8216;Seems Bubbly,&#8217; Says Renowned Wall Street Investor Rob Arnott</a>
Image Via Shutterstock

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AI Boom Spurs Search For New Winners Beyond Nvidia: Bloomberg

Hedge funds made strategic adjustments to their portfolios throughout <a href="https://www.benzinga.com/general/hedge-funds">the first quarter of 2024</a>.
Firms are looking for high-return opportunities beyond the <a href="https://www.benzinga.com/topic/magnificent-seven">mega-cap tech giants</a> preferring to focus on cyclical sectors and artificial intelligence (AI)-related infrastructure stocks.
Except for Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), positions in several &#8216;Magnificent Seven&#8217; stocks — Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) — were trimmed from hedge funds.
Still, the strong performance of the so-called &#8216;Magnificent 7&#8242; tech stocks maintained their weight at 13% of hedge fund long portfolios, according to the latest Goldman Sachs&#8217; Hedge Fund Monitor report.
<h3 class="wp-block-heading">Cyclical Sectors</h3>
In parallel, hedge funds expanded their investments in cyclical sectors, elevating the exposure to Financials.
Information Technology remained the largest net sector weight at the start of Q2 2024. It accounts for 18% of total net exposure. However, it also registered the largest underweight relative to the Russell 3000, with a -913 basis points (bp) difference. Health Care was the largest overweight sector, with a +375 bp difference.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Sector</th>
<th>Hedge Funds&#8217; Net Weight</th>
<th>Russell 3000 Weight</th>
<th>Hedge Fund Net Tilt</th>
</tr>
</thead>
<tbody>
<tr>
<td>Health Care</td>
<td>15.8%</td>
<td>12.0%</td>
<td>+375 bp</td>
</tr>
<tr>
<td>Communication Services</td>
<td>11.0%</td>
<td>8.8%</td>
<td>+226 bp</td>
</tr>
<tr>
<td>Industrials</td>
<td>12.1%</td>
<td>9.9%</td>
<td>+222 bp</td>
</tr>
<tr>
<td>Materials</td>
<td>4.8%</td>
<td>2.7%</td>
<td>+205 bp</td>
</tr>
<tr>
<td>Energy</td>
<td>4.9%</td>
<td>3.8%</td>
<td>+109 bp</td>
</tr>
<tr>
<td>Consumer Discretionary</td>
<td>11.9%</td>
<td>10.8%</td>
<td>+107 bp</td>
</tr>
<tr>
<td>Utilities</td>
<td>2.8%</td>
<td>2.1%</td>
<td>+76 bp</td>
</tr>
<tr>
<td>Financials</td>
<td>13.3%</td>
<td>14.2%</td>
<td>-98 bp</td>
</tr>
<tr>
<td>Real Estate</td>
<td>1.5%</td>
<td>2.6%</td>
<td>-114 bp</td>
</tr>
<tr>
<td>Consumer Staples</td>
<td>4.0%</td>
<td>6.0%</td>
<td>-196 bp</td>
</tr>
<tr>
<td>Information Technology</td>
<td>17.9%</td>
<td>27.0%</td>
<td>-913 bp</td>
</tr>
<tr>
<td>Total</td>
<td>100.0%</td>
<td>100.0%</td>
<td>0 bp</td>
</tr>
</tbody>
</table>
</figure>
There was also a notable rotation towards utilities, reflecting a <a href="https://www.benzinga.com/topic/artificial-intelligence">broader AI investment focus</a>. 
In particular, hedge funds have shown a keen interest in Phase 2 Infrastructure stocks within the AI sector. Among the companies that have seen the largest increase in hedge fund popularity, are:
<ul>
<li>Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>)</li>
<li>TD Synnex Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNX#NYSE">SNX</a>)</li>
<li>AES Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>)</li>
<li>Littelfuse Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) </li>
</ul>
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38927907/ai-driven-rally-set-to-expand-to-power-commodities-utilities-its-not-just-about-nvi">AI-Driven Rally Set To Expand To Power, Commodities, Utilities: &#8216;It&#8217;s Not Just About Nvidia Anymore&#8217;</a>
<h3 class="wp-block-heading">Most Popular Hedge Funds&#8217; Increase In AI Universe During Q1 2024</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Subsector</td>
</tr>
<tr>
<td>Marvell Technology, Inc.</td>
<td>Semiconductors</td>
</tr>
<tr>
<td>TD SYNNEX Corporation</td>
<td>Technology Distributors</td>
</tr>
<tr>
<td>Apple Inc.</td>
<td>Technology Hardware Storage &amp; Peripherals</td>
</tr>
<tr>
<td>AES Corporation</td>
<td>Independent Power Producers &amp; Energy Traders</td>
</tr>
<tr>
<td>Littelfuse, Inc.</td>
<td>Electronic Components</td>
</tr>
<tr>
<td>Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>)</td>
<td>Application Software</td>
</tr>
<tr>
<td>Freeport-McMoRan, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) </td>
<td>Copper</td>
</tr>
<tr>
<td>Walgreens Boots Alliance, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NYSE">WBA</a>)</td>
<td>Drug Retail</td>
</tr>
<tr>
<td>Nextracker Inc. Class A (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXT#NASDAQ">NXT</a>)</td>
<td>Electrical Components &amp; Equipment</td>
</tr>
<tr>
<td>First American Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FAF#NYSE">FAF</a>)</td>
<td>Property &amp; Casualty Insurance</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Most Concentrated Hedge Fund Holdings In The S&amp;P 500</h3>
The Goldman Sachs&#8217; Hedge Fund Monitor asserts that portfolio concentration among hedge funds remains particularly elevated. 
The typical hedge fund maintains 70% of its long portfolio in the top 10 positions. This trend remained extremely elevated in Q1 2024.
The following table details the top 20 most concentrated hedge fund holdings within the S&amp;P 500, highlighting where hedge funds are investing their capital.
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>Sector</th>
<th>Sub-sector</th>
<th>% of Equity Cap Owned by Hedge Funds</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bath &amp; Body Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>)</td>
<td>Consumer Discretionary</td>
<td>Other Specialty Retail</td>
<td>27%</td>
</tr>
<tr>
<td>Hess Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HES#NYSE">HES</a>)</td>
<td>Energy</td>
<td>Oil &amp; Gas Exploration &amp; Production</td>
<td>16%</td>
</tr>
<tr>
<td>Ralph Lauren Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>)</td>
<td>Consumer Discretionary</td>
<td>Apparel Accessories &amp; Luxury Goods</td>
<td>15%</td>
</tr>
<tr>
<td>Expedia Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NYSE">EXPE</a>)</td>
<td>Consumer Discretionary</td>
<td>Hotels, Resorts &amp; Cruise Lines</td>
<td>14%</td>
</tr>
<tr>
<td>Universal Health Svc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>)</td>
<td>Health Care</td>
<td>Health Care Facilities</td>
<td>14%</td>
</tr>
<tr>
<td>Western Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>)</td>
<td>Information Technology</td>
<td>Technology Hardware, Storage &amp; Peripherals</td>
<td>13%</td>
</tr>
<tr>
<td>NRG Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)</td>
<td>Utilities</td>
<td>Electric Utilities</td>
<td>13%</td>
</tr>
<tr>
<td>Invesco Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>)</td>
<td>Financials</td>
<td>Asset Management &amp; Custody Banks</td>
<td>13%</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>Utilities</td>
<td>Independent Power Producers &amp; Energy Traders</td>
<td>13%</td>
</tr>
<tr>
<td>Caesars Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NYSE">CZR</a>)</td>
<td>Consumer Discretionary</td>
<td>Casinos &amp; Gaming</td>
<td>12%</td>
</tr>
<tr>
<td>Evergy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>)</td>
<td>Utilities</td>
<td>Electric Utilities</td>
<td>12%</td>
</tr>
<tr>
<td>Catalent Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTLT#NYSE">CTLT</a>)</td>
<td>Health Care</td>
<td>Pharmaceuticals</td>
<td>11%</td>
</tr>
<tr>
<td>Juniper Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>)</td>
<td>Information Technology</td>
<td>Communications Equipment</td>
<td>11%</td>
</tr>
<tr>
<td>Dollar Tree Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NYSE">DLTR</a>)</td>
<td>Consumer Staples</td>
<td>Consumer Staples Merchandise Retail</td>
<td>11%</td>
</tr>
<tr>
<td>NiSource Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NI#NYSE">NI</a>)</td>
<td>Utilities</td>
<td>Multi-Utilities</td>
<td>10%</td>
</tr>
<tr>
<td>Incyte Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>)</td>
<td>Health Care</td>
<td>Biotechnology</td>
<td>10%</td>
</tr>
<tr>
<td>Lamb Weston Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>)</td>
<td>Consumer Staples</td>
<td>Packaged Foods &amp; Meats</td>
<td>10%</td>
</tr>
<tr>
<td>Qorvo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>)</td>
<td>Information Technology</td>
<td>Semiconductors</td>
<td>10%</td>
</tr>
<tr>
<td>Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)</td>
<td>Financials</td>
<td>Consumer Finance</td>
<td>10%</td>
</tr>
<tr>
<td>Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>)</td>
<td>Health Care</td>
<td>Managed Health Care</td>
<td>10%</td>
</tr>
</tbody>
</table>
</figure>
Now Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38991084/inflation-stresses-retail-traders-as-fed-cuts-look-unlikely-crypto-doubts-increase-survey">Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey</a>
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Hedge Funds Tweak Portfolios In Q1: Marvell, TD Synnex, AES Get More Love As Focus Shifts To AI

The industrial sector is seeing strong growth potential due to rising demand for machinery and services, boosted by advanced technologies and supportive government policies. Hence, fundamentally sound industrial stocks Littelfuse (LFUS), Watts Water Technologies, Inc. (WTS), and Franklin Electric (FELE), might be solid buys for gains next year. Read more... The industrial sector's prospects appear promising due to the increasing demand for goods and services, the shift to smart factories with advanced technologies like robotics and IoT, and government initiatives that boost domestic manufacturing and infrastructure investment.
Given the favorable outlook for the sector, investors could consider investing in high-quality industrial stocks like Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>), Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>), and Franklin Electric Co., Inc. (<a href="https://stocknews.com/stock/FELE/">FELE</a>), which are strategically positioned to benefit from the current manufacturing boom.
The industrial sector is experiencing a digital transformation in the era of Industry 4.0, leading to increased productivity and efficiency. The global Industry 4.0 market is projected to reach $482 billion by 2032, registering a <a href="https://market.us/report/industry-4-0-market/">CAGR of 20.7%</a>.
Driven by the rapid adoption of industrial automation, the global industrial services market is projected to expand at a <a href="https://www.grandviewresearch.com/industry-analysis/industrial-services-market-report">6.5% CAGR</a> from 2024 to 2030. As companies embrace these technologies, the demand for more advanced and reliable industrial services continues to rise.
Moreover, the U.S. government is driving industrial growth through the Chips Act and the Inflation Reduction Act. By offering financial incentives and encouraging public-private partnerships, these government policies are fostering an industrial resurgence, paving the way for advanced technologies and sustainable growth in the U.S.
Let's assess why the three featured <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial-Manufacturing</a> stocks are worth investing in now.
Stock #3: Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>)
LFUS designs, manufactures, and sells electronic components, modules, and subassemblies worldwide. The company operates through three segments: Electronics; Transportation; and Industrial.
On October 5, 2024, LFUS announced the launch of RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 EV charging stations. Featuring the largest current transformer (CT) aperture in the industry, the RCMP20 Series enhances Littelfuse's growing portfolio of EV infrastructure solutions.
In the fiscal second quarter ended June 29, 2024, LFUS's net sales amounted to $558 million. Its gross profit was $207.00 million. Moreover, its <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and adjusted EPS came in at $45.47 million and $1.97, respectively.
Street projects LFUS' revenue and EPS to rise 4.1% and 17.9% year-over-year to $557.72 million and $2.08 in the fiscal fourth quarter ending December 2024. It has exceeded the EPS consensus estimate in each of the four previous quarters, which is impressive.
The stock has climbed 13.6% over the past year and soared 9.5% over the past six months to close the last trading session at $253.12.
LFUS's <a href="https://stocknews.com/stock/WTS/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
It has a B for Quality. It is ranked #12 out of 34 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial-Manufacturing</a> industry.
To access LFUS's Growth, Value, Sentiment, Stability, and Momentum ratings, click <a href="https://stocknews.com/stock/LFUS/ratings/">here</a>.
Stock #2: Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>)
WTS operates globally through its flow management, HVAC, and water quality solutions. It operates through three segments, namely Americas; Europe; and Asia-Pacific, Middle East &amp; Africa (APMEA).
On September 13, 2024, WTS paid a quarterly dividend of $0.43 per share. It pays an annual dividend of $1 per share, which translates to a yield of 0.98% on prevailing prices, higher than its four-year average yield of 90%.
During the fiscal second quarter that ended June 30, 2024, WTS's total sales increased 12% year-over-year to $597 million with flat organic sales. Its reported operating margin was 18.7%, while the adjusted operating margin was 18.8%. Additionally, adjusted EPS was $2.46, up 5% year-over-year.
Analysts expect WTS' revenue for the quarter ended September 30, 2024, to increase 7.4% year-over-year to $541.50 million. The company has an excellent earnings surprise history; it surpassed the consensus EPS and revenue estimates in each of the trailing four quarters.
Over the past year, the stock has gained 21.2% to close the last trading session at $200.41. It soared 5.57% year-to-date.
WTS's POWR Ratings reflect solid prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
WTS has a B grade for Quality. It is ranked #9 out of 34 stocks in the same industry.
Beyond what we have stated above, we also have given WTS grades for Growth, Value, Momentum, Sentiment and Stability. Get all the WTS's ratings <a href="https://stocknews.com/stock/WTS/">here</a>.
Stock #1: Franklin Electric Co., Inc. (<a href="https://stocknews.com/stock/FELE/">FELE</a>)
FELE designs, manufactures, and distributes water and fuel pumping systems globally. The company operates through three segments Water Systems, Fueling Systems, and Distribution.
On August 15, FELE paid a quarterly cash dividend of $0.25 per share.
In the fiscal second quarter, which ended June 30, 2024, FELE's gross profit increased 6% from the prior year-quarter to $199.80 million. The company posted a net income of $59.10 million, and its EPS came in at $1.28.
Street expects FELE's revenue for the fiscal third quarter (ended September 2024) to increase 2.4% year-over-year to $551.08 million. Its EPS for the same quarter is projected to grow 2.8% from the prior year to $1.27.
Shares of FELE have gained 21.2% over the past year and 5.6% year-to-date to close the last trading session at $102.40.
FELE's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Stability and Quality. Within the same industry, it is ranked #7.
Click <a href="https://stocknews.com/stock/FELE/ratings/">here</a> to see FELE's other ratings for Growth, Value, Momentum, and Sentiment.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
WTS shares were trading at $198.89 per share on Thursday afternoon, down $1.52 (-0.76%). Year-to-date, WTS has declined -3.94%, versus a 23.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/wts-lfus-fele-3-industrial-stocks-to-benefit-from-a-manufacturing-boom/>3 Industrial Stocks to Benefit from a Manufacturing Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Industrial Stocks to Benefit from a Manufacturing Boom

Oppenheimer analyst Christopher Glynn maintained a Buy rating on Littelfuse (LFUS – Research Report) today and set a price target of $310.00. The c...

Oppenheimer Keeps Their Buy Rating on Littelfuse (LFUS)

Dividend Champion, Contender, And Challenger Highlights: Week Of November 17

Littelfuse (LFUS – Research Report), the Technology sector company, was revisited by a Wall Street analyst on November 15. Analyst Luke Junk from R...

Littelfuse: Stable Growth and Resilience Support Buy Rating Amid Favorable Market Outlook

Niche manufacturers are carving a significant space in the global economy by addressing specific demand for customized solutions. Amid this backdrop, you might consider tapping into three niche manufacturers: Corning Inc. (GLW), Littelfuse (LFUS), and Watts Water Technologies (WTS). Continue reading… Unlike large-scale manufacturers catering to mass markets, niche players focus on producing specialized, tailored products. This industry is poised to benefit from improving supply chains, resulting in easier availability of raw materials and faster deliveries.
Given this positive sentiment, it might be wise for investors to consider investing in quality industrial manufacturing stocks Corning Incorporated (<a href="https://stocknews.com/stock/GLW/">GLW</a>), Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>), and Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>), which are driving both innovation and economic growth.
As per the <a href="https://www2.deloitte.com/us/en/insights/industry/manufacturing/manufacturing-industry-outlook.html">Deloitte report</a>, this fiscal year 2024, investment in U.S. manufacturing has led to longer-term growth. There have been 54 new clean-technology-manufacturing facilities announced during the year through September, representing over $15 billion in investment, which is expected to create more than 15,000 new jobs.
One of the major growth drivers for niche manufacturing is technological advancement. By incorporating automation, AI, and 3D printing into production processes, these manufacturers can meet complex requirements while maintaining efficiency and scalability.
According to an industrial outlook survey, <a href="https://www.advancedtech.com/blog/industrial-market-outlook-status-and-trends/">approximately 86% of manufacturing executives</a> responded that smart factories will be one of the main competitive advantages in the next five years.
The global smart manufacturing market is estimated to reach $479.17 billion by 2029, <a href="https://www.globenewswire.com/news-release/2024/11/12/2978953/28124/en/Smart-Manufacturing-Market-Forecast-Report-to-2029-A-USD-479-17-Billion-Market-by-2029.html">exhibiting a CAGR of 15.5%</a>. Therefore, the outlook for niche manufacturing remains optimistic, with rising demand in industries that require specialized expertise.
Now, let's take a closer look at the fundamentals of the three <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> stocks, beginning with the third choice.
Stock #3: Corning Incorporated (<a href="https://stocknews.com/stock/GLW/">GLW</a>)
GLW is a materials science technology and innovation company. The company operates through five segments: Optical Communications; Display Technologies; Specialty Materials; Environmental Technologies; and Life Sciences.
On October 28, AT&amp;T Inc. (<a href="https://stocknews.com/stock/T/">T</a>) and GLW together signed a multi-year purchase agreement. Under this agreement, GLW will provide next-generation fiber, cable, and connectivity solutions to support the expansion of AT&amp;T's fiber network and help bring high-speed internet.
On August 1, GLW and Lumen Technologies, Inc. (<a href="https://stocknews.com/stock/LUMN/">LUMN</a>) announced a supply agreement on next-generation fiber-optic cable to support data center AI demands. With this agreement, Lumen reserves 10% of GLW's global fiber capacity for each of the next two years to interconnect AI-enabled data centers. This agreement makes it GLW's first outside-plant deployment new gen-AI fiber and cable system.
For the third quarter of 2024, which ended on September 30, GLW's net sales increased 6.9% year-over-year to $3.39 billion. The company's operating income for the quarter amounted to $302 million, representing an increase of 28% year-over-year.
Its core net income stood at $465 million, up 20.5% year-over-year, while its core earnings per share rose 20% from the prior year's quarter to $0.54. Also, GLW's adjusted <a href="https://www.investopedia.com/terms/f/freecashflow.asp">free cash flow</a> grew 18.7% from the year-ago value to $553 million.
The consensus revenue estimate of $3.76 billion for the fiscal fourth quarter (ending December 2024) represents a 14.8% increase year-over-year. The consensus EPS estimate of $0.56 for the current quarter indicates a 42.5% improvement year-over-year. The company has an impressive earnings surprise history; it surpassed the consensus revenue estimates in each of the trailing four quarters.
The stock has gained 69.1% over the past year and 48.2% over the past nine months to close the last trading session at $47.84.
GLW's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
GLW has an A grade for Growth and a B for Momentum and Sentiment. It is ranked #13 out of 35 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry. <a href="https://stocknews.com/stock/GLW/">Click here</a> to see the additional ratings for GLW (Value, Stability, and Quality).
Stock #2: Littelfuse, Inc. (<a href="https://stocknews.com/stock/LFUS/">LFUS</a>)
LFUS designs, manufactures, and sells electronic components, modules, and subassemblies worldwide. The company operates through three segments: Electronics; Transportation; and Industrial.
On October 22, 2024, LFUS announced the launch of RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 EV charging stations. This launch features the largest Current Transformer (CT) aperture in the industry, and the RCMP20 Series enhances LFUS' growing portfolio of EV infrastructure solutions.
In the fiscal third quarter that ended on September 30, 2024, LFUS' total net sales amounted to $567.39 million, while its Industrial segment net sales grew 6.6% from the same period last year to $91.82 million. The company's net income came in at $58.1 million, up marginally year-over-year, and its EPS stood at $2.32, representing a marginal increase year-over-year.
Street expects LFUS' revenue for the fiscal first quarter (ending March 2025) to increase marginally year-over-year to $543.47 million. Its EPS for the same period is expected to register a 16.5% growth from the prior year, settling at $2.05. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters, which is promising.
LFUS shares have surged 43.6% over the past year and 34.5% over the past nine months to close the last trading session at $238.66.
LFUS' bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It also has a B grade for Stability, Sentiment, and Quality. Within the same B-rated industry, it is ranked #8. <a href="https://stocknews.com/stock/LFUS/">Click here</a> to see LFUS' ratings for Growth, Value, and Momentum.
Stock #1: Watts Water Technologies, Inc. (<a href="https://stocknews.com/stock/WTS/">WTS</a>)
WTS is a global supplier of products, solutions and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial, industrial, and residential markets. 
On October 28, demonstrating its commitment to returning value to shareholders, the company declared a quarterly dividend of $0.43 per share, up 35% from the previous quarter, payable to its shareholders on December 13, 2024.
WTS pays an annual dividend of $1.72, which translates to a yield of 0.83% at the current share price. Its four-year average dividend yield is 0.72%. Moreover, the company's dividend payouts have increased at an impressive CAGR of 17.3% over the past three years.
WTS' net sales for the third quarter (ended September 29, 2024) increased 7.8% year-over-year to $543.60 million. Its gross profit stood at $257.10 million, indicating a 9.7% growth from the prior-year quarter.
Its net income rose 5% from the year-ago value to $69.10 million, while its net income per share stood at $2.06, up 5.1% year-over-year. Also, the company reported free cash flow of $204.20 million, indicating a 12.3% growth from the prior year's quarter.
Analysts expect WTS' revenue and EPS for the current year (ending December 2024) are expected to grow by 9.4% and 5.7% from the prior year to $2.25 billion and $8.74, respectively.
Over the past three months, the stock has surged 13.7%, closing the last trading session at $210.80.
It's no surprise that WTS has an overall rating of B, equating to a Buy in our POWR Ratings system. It has a B grade for Momentum and Quality. Out of 35 stocks in the Industrial - Manufacturing industry, WTS is ranked #7.
Beyond what is stated above, we've also rated WTS for Growth, Value, Stability, and Sentiment. Get all WTS ratings <a href="https://stocknews.com/stock/WTS/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
GLW shares were trading at $48.45 per share on Friday afternoon, up $0.61 (+1.28%). Year-to-date, GLW has gained 63.84%, versus a 26.42% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/glw-wts-lfus-t-lumn-3-niche-manufacturers-tapping-into-specialized-demand/>3 Niche Manufacturers Tapping Into Specialized Demand</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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