Zacks Research Downgrades Littelfuse (NASDAQ:LFUS) to Hold

Littelfuse (NASDAQ:LFUS) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other equities analysts have also issued reports on LFUS. Robert W. Baird increased their price target on Littelfuse from $500.00 to $535.00 and gave the company an “outperform” rating in a research note on Friday, June 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $520.00 target price on shares of Littelfuse in a report on Monday, May 18th. Wall Street Zen upgraded shares of Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Oppenheimer upped their price target on shares of Littelfuse from $430.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Finally, Weiss Ratings restated 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.

Littelfuse Price Performance

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

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

Insider Activity at Littelfuse

In related news, SVP Maggie Chu sold 11,397 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $435.48, for a total transaction of $4,963,165.56. Following the transaction, the senior vice president directly owned 6,001 shares of the company’s stock, valued at approximately $2,613,315.48. The trade was a 65.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Anthony Grillo sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $451.96, for a total transaction of $1,355,880.00. Following the completion of the transaction, the director owned 64,928 shares in the company, valued at approximately $29,344,858.88. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 15,494 shares of company stock valued at $6,750,834. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Key Capital Management INC purchased a new stake in shares of Littelfuse during the 4th quarter worth about $25,000. Atlas Capital Advisors Inc. acquired a new stake in Littelfuse in the fourth quarter valued at approximately $27,000. V Square Quantitative Management LLC acquired a new stake in Littelfuse in the fourth quarter valued at approximately $30,000. Quarry LP bought a new stake in Littelfuse in the third quarter worth approximately $36,000. Finally, Prosperity Bancshares Inc acquired a new stake in Littelfuse in the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

Littelfuse Company Profile

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.