Announcement • Apr 23
Littelfuse, Inc. Appoints Anne-Marie D’Angelo as Chief Legal Officer and Corporate Secretary, Effective May 1, 2026 Littelfuse, Inc. announced that Anne-Marie D’Angelo will join the company as Chief Legal Officer and Corporate Secretary, effective May 1, 2026. Ms. D’Angelo brings over two decades of legal and executive experience across diverse, highly regulated industries. Most recently, she served as Executive Vice President and General Counsel at Hilton Worldwide Holdings, Inc., where she led a global team of legal and compliance professionals and served as a trusted advisor to the Board of Directors. Prior to Hilton, Ms. D’Angelo held senior leadership roles including Chief Legal and Government Affairs Officer at Molson Coors Beverage Company and Executive Vice President and General Counsel at NiSource. She also served as General Counsel and Corporate Secretary for Global Brass and Copper Holdings, Inc., and spent over a decade in various legal leadership positions at McDonald’s Corporation. D’Angelo holds a Juris Doctor from the University of Notre Dame Law School and a Bachelor of Arts from the College of the Holy Cross. Announcement • Apr 15
Littelfuse, Inc. to Report Q1, 2026 Results on May 06, 2026 Littelfuse, Inc. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Announcement • Mar 13
Littelfuse, Inc., Annual General Meeting, Apr 22, 2026 Littelfuse, Inc., Annual General Meeting, Apr 22, 2026. Announcement • Mar 06
Littelfuse, Inc. Appoints Holly B. Paeper to Board of Directors and Technology Committee, Effective March 4, 2026 Littelfuse, Inc. announced the appointment of Holly B. Paeper to the company’s board of directors, effective March 4, 2026. Paeper was also appointed to the Technology Committee. Holly Paeper is the President, Commercial HVAC Americas, for Trane Technologies, a global climate innovator that delivers sustainable and efficient solutions for buildings, homes, and transportation. As President, Holly leads a thermal management, building technologies and energy services business, delivering innovative solutions for commercial, industrial, and data center customers. She previously served as President of the global Life Science Solutions business from 2021 to 2024 and held Vice President and General Manager roles within the Commercial HVAC business from 2016 to 2021. Prior to joining Trane Technologies, Paeper held executive leadership roles in general management, M&A, strategy, product management, and marketing at Corning, Eaton, and Intel. She currently serves on the board of directors of Mitsubishi Trane HVAC US (METUS) and previously served on the board of directors of LiquidStack from 2023 to 2025. Paeper holds a Bachelor of Science in Electrical Engineering from the University of Minnesota – Institute of Technology and a Master of Business Administration from the University of Minnesota – Carlson School of Management. Announcement • Jan 28
Littelfuse, Inc. Provides Earnings Guidance for the First Quarter of 2026 Littelfuse, Inc. provided earnings guidance for the first quarter of 2026. For the quarter, the company reported Net sales in the range of $625 million - $645 million. Announcement • Jan 15
Littelfuse, Inc. to Report Q4, 2025 Results on Jan 28, 2026 Littelfuse, Inc. announced that they will report Q4, 2025 results Pre-Market on Jan 28, 2026 Announcement • Jan 09
Littelfuse, Inc. Announces Separation of Employment of Ryan K. Stafford as Executive Vice President, Mergers & Acquisitions, Chief Legal Officer and Corporate Secretary, Effective April 30, 2026 On January 7, 2026, Littelfuse, Inc. and Ryan K. Stafford, Executive Vice President, Mergers & Acquisitions, Chief Legal Officer and Corporate Secretary of the Company, agreed to Mr. Stafford’s separation from employment with the Company, effective April 30, 2026. Announcement • Dec 13
Littelfuse, Inc. (NasdaqGS:LFUS) completed the acquisition of Basler Electric Company Inc. from a family. Littelfuse, Inc. (NasdaqGS:LFUS) entered into membership interest purchase agreement to acquire Basler Electric Company Inc. from a family for transaction valued at approximately $350 million on October 24, 2025. When adjusted for the present value of expected tax benefits of approximately $30 million, the net transaction value is approximately $320 million. The all-cash consideration of $353.2 million shall be subject to certain adjustments after closing.
The transaction is subject to the satisfaction of customary closing conditions, including approval by regulatory board / committee. The expected completion of the transaction is by the end of fourth quarter of 2025. Adjusting for the present value of expected tax benefits of approximately $30 million, the transaction represents approximately 13.5x Basler’s forecasted full year 2025 adjusted EBITDA. Littelfuse expects the acquisition to be accretive to adjusted diluted EPS in 2026.
King & Spalding LLP acted as legal advisor for Basler Electric Company Inc. Preti, Flaherty, Beliveau, Pachios & Haley LLC acted as legal advisor for Littelfuse, Inc. Barclays Capital Inc. acted as financial advisor for Littelfuse, Inc.
Littelfuse, Inc. (NasdaqGS:LFUS) completed the acquisition of Basler Electric Company Inc. from a family on December 11, 2025. Announcement • Oct 15
Littelfuse, Inc. to Report Q3, 2025 Results on Oct 29, 2025 Littelfuse, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 29, 2025 Announcement • Aug 07
Littelfuse, Inc. Appoints Karim Hamed as Senior Vice President and General Manager, Semiconductor Business, Effective August 11, 2025 Littelfuse, Inc. announced the appointment of Dr. Karim Hamed as Senior Vice President and General Manager, Semiconductor Business, within the Company’s Electronics Segment effective August 11, 2025. Dr. Hamed brings more than two decades of global leadership experience in the semiconductor industry. Most recently he was at Analog Devices where he served as Corporate Vice President, Industrial and Healthcare Business Group. Previously, he served as Vice President, Industrial Instrumentation Business Unit, and General Manager, Microwave Communications Group. Dr. Hamed also served in various leadership and technical roles at Hittite Microwave Corporation, TriQuint Semiconductor, and Mimix Broadband. Dr Hamed received a PhD in Electrical & Computer Engineering from Queen’s University in Canada. Announcement • Jul 16
Littelfuse, Inc. to Report Q2, 2025 Results on Jul 30, 2025 Littelfuse, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025 Announcement • Jul 02
Raymarine Holdings Limited acquired Maretron LLC from Littelfuse, Inc. (NasdaqGS:LFUS). Raymarine Holdings Limited acquired Maretron LLC from Littelfuse, Inc. (NasdaqGS:LFUS) on July 1, 2025.
Raymarine Holdings Limited completed the acquisition of Maretron LLC from Littelfuse, Inc. (NasdaqGS:LFUS) on July 1, 2025. Announcement • Apr 15
Littelfuse, Inc. to Report Q1, 2025 Results on Apr 29, 2025 Littelfuse, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2025 Announcement • Apr 10
Littelfuse, Inc. Announces Meenal Sethna Steps Down as Chief Financial Officer, Effective September 1, 2025 Littelfuse, Inc. announced that Meenal Sethna, Executive Vice President and Chief Financial Officer, will step down from her role after ten years of leadership. She will remain with the company through September 1, 2025, to ensure a smooth transition. This leadership change is not the result of any matters relating to the Company’s financials, operations, policies or practices. Littelfuse has commenced a formal search to identify the Company’s next CFO. Announcement • Apr 09
Littelfuse, Inc. Announces Step Down of Meenal Sethna as Executive Vice President, Effective September 1, 2025 Littelfuse, Inc. announced that Meenal Sethna, executive vice president, will step down from her role after ten years of leadership. She will remain with the company through September 1, 2025, to ensure a smooth transition. Announcement • Mar 17
Littelfuse, Inc., Annual General Meeting, Apr 24, 2025 Littelfuse, Inc., Annual General Meeting, Apr 24, 2025. Announcement • Mar 01
Littelfuse, Inc. announced delayed annual 10-K filing On 02/27/2025, Littelfuse, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Jan 29
Littelfuse, Inc. Announces Cash Dividend, Payable on March 6, 2025 Littelfuse, Inc. will pay cash dividend on its common stock of $0.70 per share on March 6, 2025, to shareholders of record as of February 20, 2025. Announcement • Dec 30
Littelfuse, Inc. completed the acquisition of Elmos wafer fabrication from Elmos Semiconductor SE. Littelfuse, Inc. entered into an agreement to acquire Elmos wafer fabrication from Elmos Semiconductor SE for €93 million on June 28, 2023. Under the agreement, Littelfuse will acquire the Dortmund wafer fab with a highly skilled technology team of approximately 225 employees. All other activities, including testing operations, will remain with Elmos. Following regulatory approvals of the transaction, the consideration will be paid initially €37 million and the remaining will be paid after closing. The transaction is subject to certain closing conditions and regulatory approvals, among them the investment control procedure under foreign trade law conducted by the German Federal Ministry for Economic Affairs and Climate Action. The closing of the transaction is expected to be effective December 31, 2024. As of August 8, 2023, The German Federal Ministry for Economic Affairs and Climate Action has granted the approval. The antitrust clearance has granted by the German Federal Cartel Office (Bundeskartellamt) on July 27, 2023.
Hans Diekmann, Alexander Veith, Borries Ahrens, Christian Hilmes, Jens Matthes, Udo Olgemoeller, Heike Weber, Peter Wehner, Dorothée Kupiek, Daniel Bolm, Ioannis Thanos, Corvin Kieselhorst and Oliver Ahnseel of Allen & Overy advised Elmos Semiconductor on legal aspects of the transaction. Maike Holty, Matthias Berberich, Hendrik Bockenheimer, Markus Ernst, Marius Marx, Marco Mâallem, Alf-Henrik Bischke, Jan D. Bonhage, Erasmus Hoffman, Fabian Alexander Quast and Carolin Raspé of Hengeler Mueller acted as legal advisor of Littelfuse.
Littelfuse, Inc. completed the acquisition of Elmos wafer fabrication from Elmos Semiconductor SE on December 30, 2024. Declared Dividend • Nov 04
Third quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 21st November 2024 Payment date: 5th December 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$2.34 (vs US$2.32 in 3Q 2023) Third quarter 2024 results: EPS: US$2.34 (up from US$2.32 in 3Q 2023). Revenue: US$567.4m (down 6.5% from 3Q 2023). Net income: US$58.1m (flat on 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Oct 30
Littelfuse, Inc. Declares Cash Dividend, Payable on December 5, 2024 Littelfuse, Inc. declared cash dividend on its common stock of $0.70 per share on December 5, 2024, to shareholders of record as of November 21, 2024. Announcement • Oct 25
Littelfuse, Inc Launches RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 Charging Stations Littelfuse, Inc. announced the RCMP20 Residual Current Monitor Series for Mode 2 and Mode 3 EV charging stations. The RCMP20 Series sets a new standard in electric vehicle (EV) charging safety, offering superior performance and flexibility in a compact design while supporting higher charging currents than other solutions on the market. Featuring the largest current transformer (CT) aperture in the industry, this new line of products expands the Littelfuse EV infrastructure portfolio and enhances electrical safety in EV charging applications. The RCMP20 Residual Current Monitor Series incorporates the following key features and benefits: Largest Current Transformer Aperture: The RCMP20 Series offers the largest current transformer (CT) aperture available, supporting higher AC charging currents, which is critical for modern EV chargers that demand high-performance capabilities. Enhanced Thermal Performance: Integrated conductors with higher cross-sectional areas provide better thermal management, reducing printed circuit board (PCB) temperature rise and allowing for a more compact design without compromising performance. High EMI Resilience: The modules are designed to resist electromagnetic interference (EMI), minimizing false circuit trips and improving overall charging station reliability. Flexible Mounting Options: With vertical and horizontal mounting options and 2 to 4 integrated conductors, the RCMP20 Series allows design engineers to optimize space utilization and adapt to various charger configurations. Compact Design with PCB Integration: The reduced footprint within the EV chargers allows for smaller, more compact designs, while still meeting safety code requirements. The integrated PCB with optional conductors streamlines installation, reduces component count, and simplifies assembly. The RCMP20 Series is ideal for the following applications: EV Infrastructure: As electric vehicle adoption grows, robust EV infrastructure is critical. The RCMP20 Series ensures safe, efficient, and reliable charging station operation. IEC Mode 2 and Mode 3 AC Charging Stations: The RCMP20 Series covers a wide range of charging needs, offering protection for both portable chargers and high-power permanent stations. Ground Fault Detection: It continuously monitors for AC and DC ground fault currents, ensuring compliance with electrical safety standards and preventing shock risks. Mode 2 and Mode 3 EV charging stations differ mainly in how they handle fault currents, particularly AC and DC currents, and the level of protection they provide against electrical hazards. Mode 2 charging stations are typically used with earlier portable chargers and high-powered stations. These stations may not have built-in protection against both AC and DC fault currents, which can create safety risks. The RCMP20-03 module helps enhance safety by monitoring both AC and DC residual currents. When a ground fault, leakage, or residual current exceeds the threshold, the RCMP20-03 triggers a circuit shutdown, preventing electrical hazards. It is compliant with IEC 62752 standards for Mode 2 chargers. Mode 3 charging stations are used for more permanent and higher-powered charging setups. While they often have Type A RCDs (Residual Current Devices), these devices can miss dangerous DC currents, leaving users vulnerable. The RCMP20-01 module is specifically designed to detect DC residual currents that Type A RCDs overlook. When DC fault currents exceed the threshold, it signals a trip to a connected switching device, ensuring user protection and compliance with relevant safety standards. In summary, Mode 2 systems with the RCMP20-03 monitor AC and DC faults to enhance protection for earlier or portable charging setups. In contrast, Mode 3 systems with the RCMP20-01 focus on detecting DC faults that standard RCDs miss, improving safety for permanent charging stations. RCMP20 Residual Current Monitors are available in individual boxes. Sample requests can be placed through authorized Littelfuse distributors worldwide. Announcement • Oct 08
Littelfuse, Inc. to Report Q3, 2024 Results on Oct 29, 2024 Littelfuse, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Declared Dividend • Aug 05
Second quarter dividend of US$0.70 announced Shareholders will receive a dividend of US$0.70. Ex-date: 22nd August 2024 Payment date: 5th September 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$1.83 (vs US$2.82 in 2Q 2023) Second quarter 2024 results: EPS: US$1.83 (down from US$2.82 in 2Q 2023). Revenue: US$558.5m (down 8.7% from 2Q 2023). Net income: US$45.5m (down 35% from 2Q 2023). Profit margin: 8.1% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jul 10
Littelfuse, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Littelfuse, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Buy Or Sell Opportunity • Jul 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.5% to €232. The fair value is estimated to be €191, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 4.0%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Recent Insider Transactions • May 10
Insider recently sold €529k worth of stock On the 8th of May, Ryan Stafford sold around 2k shares on-market at roughly €239 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Declared Dividend • May 05
First quarter dividend of US$0.65 announced Shareholders will receive a dividend of US$0.65. Ex-date: 22nd May 2024 Payment date: 6th June 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 03
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to €226. The fair value is estimated to be €183, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 4.0%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • May 02
Littelfuse, Inc. (NasdaqGS:LFUS) announces an Equity Buyback for $300 million worth of its shares. Littelfuse, Inc. (NasdaqGS:LFUS) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its shares. The program will continue through April 30, 2027. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$1.95 (vs US$3.58 in 1Q 2023) First quarter 2024 results: EPS: US$1.95 (down from US$3.58 in 1Q 2023). Revenue: US$535.4m (down 12% from 1Q 2023). Net income: US$48.5m (down 45% from 1Q 2023). Profit margin: 9.0% (down from 15% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Announcement • Apr 28
Littelfuse, Inc. Announces Board and Committee Changes Littelfuse, Inc. announced that Corporate Governance Guidelines, Mr. Cary Fu has reached the mandatory retirement age of 75, and effective April 25, 2024, following the Annual Meeting of Stockholders, he has retired from the Board of Directors after more than 11 years of service as a member of the Board. In connection with the vacancy resulting from Mr. Fu’s retirement from the Board, on April 25, 2024, the Board has voted unanimously to reduce the size of the Board from ten to nine directors. Additionally, the Board has appointed Ms. Kristina Cerniglia to serve as the Audit Committee Chairperson and has appointed Dr. Gregory Henderson to serve as a member of the Compensation Committee of the Board. Announcement • Apr 10
Littelfuse, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Littelfuse, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2024 Announcement • Mar 15
Littelfuse, Inc., Annual General Meeting, Apr 25, 2024 Littelfuse, Inc., Annual General Meeting, Apr 25, 2024, at 09:00 Central Daylight. Agenda: To elect nine directors to serve a term of one year and until their successors are duly elected and qualified; to conduct an advisory (non-binding) vote on the compensation of company's named executive officers; to approve and ratify the appointment by the Audit Committee of Deloitte & Touche LLP as the Company’s independent auditors of the Company’s consolidated financial statements for the fiscal year ending December 28, 2024; and to transact such other business as may properly come before the Annual Meeting or any postponement or adjournment thereof. Upcoming Dividend • Feb 14
Upcoming dividend of US$0.65 per share at 1.1% yield Eligible shareholders must have bought the stock before 21 February 2024. Payment date: 07 March 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.5%). Declared Dividend • Feb 04
Fourth quarter dividend of US$0.65 announced Shareholders will receive a dividend of US$0.65. Ex-date: 21st February 2024 Payment date: 7th March 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 31
Full year 2023 earnings released: EPS: US$10.44 (vs US$15.09 in FY 2022) Full year 2023 results: EPS: US$10.44 (down from US$15.09 in FY 2022). Revenue: US$2.36b (down 6.0% from FY 2022). Net income: US$259.5m (down 31% from FY 2022). Profit margin: 11% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 10
Littelfuse, Inc. to Report Q4, 2023 Results on Jan 30, 2024 Littelfuse, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 30, 2024 Upcoming Dividend • Nov 14
Upcoming dividend of US$0.65 per share at 1.2% yield Eligible shareholders must have bought the stock before 21 November 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.7%). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: US$2.32 (vs US$3.05 in 3Q 2022) Third quarter 2023 results: EPS: US$2.32 (down from US$3.05 in 3Q 2022). Revenue: US$607.1m (down 7.9% from 3Q 2022). Net income: US$57.8m (down 23% from 3Q 2022). Profit margin: 9.5% (down from 12% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Oct 11
Littelfuse, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Littelfuse, Inc. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023 Announcement • Sep 29
Littelfuse, Inc. Appoints Gayla Delly to Board of Directors Littelfuse, Inc. announced the appointment of Gayla Delly to the company’s board of directors, effective September 28, 2023. Delly was also appointed to the Audit Committee. Delly retired as CEO and a member of the Board of Directors of Benchmark Electronics in 2016, where she spent 21 years in a variety of roles including President, Executive Vice President & Chief Financial Officer, Corporate Controller, and Treasurer. She began her career with KPMG. She currently serves as a director at Broadcom Inc., Flowserve Corporation, and National Instruments Corporation Delly holds a bachelor’s degree in accounting from Samford University. Upcoming Dividend • Aug 16
Upcoming dividend of US$0.65 per share at 1.0% yield Eligible shareholders must have bought the stock before 23 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.4%). Buying Opportunity • Aug 02
Now 20% undervalued Over the last 90 days, the stock is up 5.9%. The fair value is estimated to be €314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 9.5% per annum over the same time period. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$2.82 (vs US$3.52 in 2Q 2022) Second quarter 2023 results: EPS: US$2.82 (down from US$3.52 in 2Q 2022). Revenue: US$612.0m (down 1.0% from 2Q 2022). Net income: US$70.1m (down 20% from 2Q 2022). Profit margin: 11% (down from 14% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jul 12
Littelfuse, Inc. to Report Q2, 2023 Results on Aug 01, 2023 Littelfuse, Inc. announced that they will report Q2, 2023 results After-Market on Aug 01, 2023 Announcement • Jun 29
Littelfuse, Inc. entered into an agreement to acquire Elmos wafer fabrication from Elmos Semiconductor SE for €93 million. Littelfuse, Inc. entered into an agreement to acquire Elmos wafer fabrication from Elmos Semiconductor SE for €93 million on June 28, 2023. Under the agreement, Littelfuse will acquire the Dortmund wafer fab with a highly skilled technology team of approximately 225 employees. All other activities, including testing operations, will remain with Elmos. Following regulatory approvals of the transaction, the consideration will be paid initially €37 million and the remaining will be paid after closing. The transaction is subject to certain closing conditions and regulatory approvals, among them the investment control procedure under foreign trade law conducted by the German Federal Ministry for Economic Affairs and Climate Action. The closing of the transaction is expected to be effective December 31, 2024. Buying Opportunity • Jun 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be €303, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period. Announcement • May 17
Littelfuse, Inc. Appoints Greg Henderson to Board of Directors Littelfuse, Inc. announced the appointment of Dr. Greg Henderson, Senior Vice President of the Automotive & Energy, Communications, and Aerospace Group for Analog Devices, Inc., to the company’s board of directors, effective May 15, 2023. Dr. Henderson will hold office until his successor is duly elected and qualified or upon his earlier death, resignation or removal. Dr. Greg Henderson, 54, is the Senior Vice President of the Automotive & Energy, Communications, and Aerospace Group for Analog Devices, Inc., a semiconductor company specializing in data conversion, signal processing and power management technology. Prior to this, Greg served as the Vice President RF and Microwave Business for Analog Devices from 2014 to 2017, and as the Vice President RF and Microwave Business for Hittite Microwave Corporation until its acquisition by Analog Devices in 2014. Before coming to Hittite, Greg held various positions of increasing technical and leadership responsibility at Harris Corporation, Tyco Electronics, TriQuint Semiconductor and IBM. Greg holds a bachelor’s degree in electrical engineering from Texas Tech University and a Ph.D. in electrical engineering from the Georgia Institute of Technology. Upcoming Dividend • May 17
Upcoming dividend of US$0.60 per share at 0.9% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.5%). Recent Insider Transactions • May 10
Independent Director recently sold €412k worth of stock On the 8th of May, Tzau-Jin Chung sold around 2k shares on-market at roughly €235 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €480k more than they bought in the last 12 months. Buying Opportunity • May 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.6%. The fair value is estimated to be €293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings is also forecast to grow by 8.1% per annum over the same time period. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$3.58 (vs US$4.76 in 1Q 2022) First quarter 2023 results: EPS: US$3.58 (down from US$4.76 in 1Q 2022). Revenue: US$609.8m (down 2.2% from 1Q 2022). Net income: US$88.7m (down 25% from 1Q 2022). Profit margin: 15% (down from 19% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 15
Upcoming dividend of US$0.60 per share at 0.9% yield Eligible shareholders must have bought the stock before 22 February 2023. Payment date: 09 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.0%). Announcement • Feb 04
Littelfuse, Inc. (NasdaqGS:LFUS) acquired Western Automation Research & Development Limited. Littelfuse, Inc. (NasdaqGS:LFUS) acquired Western Automation Research & Development Limited on February 3, 2023.Littelfuse, Inc. (NasdaqGS:LFUS) completed the acquisition of Western Automation Research & Development Limited on February 3, 2023. Reported Earnings • Feb 03
Full year 2022 earnings released: EPS: US$15.09 (vs US$11.54 in FY 2021) Full year 2022 results: EPS: US$15.09 (up from US$11.54 in FY 2021). Revenue: US$2.51b (up 21% from FY 2021). Net income: US$373.3m (up 32% from FY 2021). Profit margin: 15% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Littelfuse, Inc. Provides Earnings Guidance for the First Quarter of 2023 Littelfuse, Inc. provided earnings guidance for the first quarter of 2023. The company expects first quarter sales in the range of $575 million to $605 million. Announcement • Jan 12
Littelfuse, Inc. to Report Q4, 2022 Results on Feb 01, 2023 Littelfuse, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 01, 2023 Recent Insider Transactions • Nov 16
Insider recently sold €69k worth of stock On the 11th of November, Jeffrey Gorski sold around 300 shares on-market at roughly €229 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €384k more than they bought in the last 12 months. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Maria Green was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$3.05 (vs US$3.74 in 3Q 2021) Third quarter 2022 results: EPS: US$3.05 (down from US$3.74 in 3Q 2021). Revenue: US$658.9m (up 22% from 3Q 2021). Net income: US$75.5m (down 18% from 3Q 2021). Profit margin: 12% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Oct 12
Littelfuse, Inc. to Report Q3, 2022 Results on Nov 01, 2022 Littelfuse, Inc. announced that they will report Q3, 2022 results After-Market on Nov 01, 2022 Upcoming Dividend • Aug 17
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 24 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (1.1%). Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$3.52 (vs US$3.34 in 2Q 2021) Second quarter 2022 results: EPS: US$3.52 (up from US$3.34 in 2Q 2021). Revenue: US$618.4m (up 18% from 2Q 2021). Net income: US$87.0m (up 6.0% from 2Q 2021). Profit margin: 14% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.4%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.