Littelfuse (NASDAQ:LFUS) Rating Lowered to Hold at Zacks Research

Littelfuse (NASDAQ:LFUSGet Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

LFUS has been the topic of several other research reports. Williams Trading set a $520.00 target price on Littelfuse in a report on Thursday, May 7th. Oppenheimer upped their target price on shares of Littelfuse from $430.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Needham & Company LLC reissued a “buy” rating and issued a $520.00 price objective on shares of Littelfuse in a research report on Monday, May 18th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Littelfuse in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Littelfuse presently has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.

Read Our Latest Stock Analysis on LFUS

Littelfuse Stock Up 2.2%

Shares of NASDAQ:LFUS opened at $416.31 on Monday. Littelfuse has a 52-week low of $225.25 and a 52-week high of $500.57. The stock has a 50 day moving average price of $453.28 and a 200-day moving average price of $376.43. The firm has a market capitalization of $10.53 billion, a P/E ratio of -246.34, a P/E/G ratio of 2.28 and a beta of 1.49. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.82 and a current ratio of 2.61.

Littelfuse (NASDAQ:LFUSGet Free Report) last announced its earnings results on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.83 by $0.48. Littelfuse had a negative net margin of 1.61% and a positive return on equity of 11.62%. The business had revenue of $656.97 million during the quarter, compared to analysts’ expectations of $638.98 million. During the same period in the prior year, the company earned $2.19 earnings per share. The firm’s revenue was up 18.5% on a year-over-year basis. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, equities research analysts anticipate that Littelfuse will post 14.86 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Maggie Chu sold 11,397 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $435.48, for a total value of $4,963,165.56. Following the completion of the sale, the senior vice president owned 6,001 shares in the company, valued at approximately $2,613,315.48. This represents a 65.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Anthony Grillo sold 3,000 shares of Littelfuse stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total value of $1,355,880.00. Following the transaction, the director directly owned 64,928 shares in the company, valued at approximately $29,344,858.88. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 15,494 shares of company stock worth $6,750,834. 1.00% of the stock is currently owned by insiders.

Institutional Trading of Littelfuse

Several large investors have recently added to or reduced their stakes in LFUS. Vanguard Group Inc. lifted its stake in Littelfuse by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 2,969,874 shares of the technology company’s stock valued at $751,141,000 after buying an additional 44,826 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Littelfuse by 67.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock valued at $259,035,000 after buying an additional 412,160 shares during the period. Van Lanschot Kempen Investment Management N.V. boosted its stake in shares of Littelfuse by 3.9% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 980,498 shares of the technology company’s stock valued at $247,988,000 after purchasing an additional 37,203 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of Littelfuse by 58.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 609,966 shares of the technology company’s stock valued at $154,273,000 after purchasing an additional 225,445 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Littelfuse by 5.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 516,479 shares of the technology company’s stock valued at $130,635,000 after acquiring an additional 25,860 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Littelfuse Company Profile

(Get Free Report)

Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.

The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.

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Analyst Recommendations for Littelfuse (NASDAQ:LFUS)

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