Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
CHICAGO - Littelfuse, Inc. (NASDAQ:LFUS), a company currently trading at a P/E ratio of 57.69 and showing strong financial health according to InvestingPro metrics, has appointed Dr. Karim Hamed as Senior Vice President and General Manager of its Semiconductor Business within the company’s Electronics Segment, effective August 11, 2025.
Dr. Hamed brings more than 20 years of global leadership experience in the semiconductor industry to the role. He most recently served as Corporate Vice President of the Industrial and Healthcare Business Group at Analog Devices. His previous positions include Vice President of the Industrial Instrumentation Business Unit and General Manager of the Microwave Communications Group.
Before joining Analog Devices, Dr. Hamed held leadership and technical roles at Hittite Microwave Corporation, TriQuint Semiconductor, and Mimix Broadband. He holds a PhD in Electrical & Computer Engineering from Queen’s University in Canada.
"We are thrilled to welcome Karim to Littelfuse," said Greg Henderson, President and CEO of Littelfuse, in a press release statement. "He brings a distinguished track record of driving growth, innovation, and operational excellence in the semiconductor industry."
Littelfuse describes itself as a diversified industrial technology manufacturing company with approximately 16,000 global associates across more than 20 countries. The company serves over 100,000 end customers in industrial, transportation, and electronics markets. With a current ratio of 4.06 and a 15-year track record of consecutive dividend increases, Littelfuse demonstrates strong financial stability. Detailed analysis and additional insights are available in the comprehensive Pro Research Report on InvestingPro, which covers over 1,400 top US stocks.
In other recent news, Littelfuse Inc. reported strong second-quarter 2025 results, surpassing market expectations in both earnings and revenue. The company’s earnings per share reached $2.85, significantly beating the forecast of $2.33, while revenue hit $613 million, exceeding the anticipated $576.65 million. This performance was driven by growth across its Industrial and Transportation segments, with the Electronics segment also showing positive results despite some weakness in power semiconductors. Following these results, Oppenheimer raised its price target for Littelfuse to $325, maintaining an Outperform rating due to a "broadening recovery" across various segments. Benchmark, on the other hand, maintained its Hold rating, acknowledging the solid performance across multiple segments. These developments highlight Littelfuse’s robust quarterly performance and positive outlook from analysts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.