Littelfuse (NASDAQ:LFUS) Downgraded to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Littelfuse (NASDAQ:LFUS) from a strong-buy rating to a hold rating in a report released on Thursday,Zacks.com reports.

Several other brokerages have also issued reports on LFUS. Wall Street Zen upgraded Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Weiss Ratings restated a “hold (c)” rating on shares of Littelfuse in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $234.50.

Littelfuse Price Performance

NASDAQ LFUS opened at $258.98 on Thursday. Littelfuse has a twelve month low of $142.10 and a twelve month high of $271.81. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.98 and a current ratio of 4.06. The stock has a market capitalization of $6.42 billion, a PE ratio of 53.95, a P/E/G ratio of 2.10 and a beta of 1.45. The stock has a 50-day simple moving average of $257.39 and a 200 day simple moving average of $222.83.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, July 30th. The technology company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.50. Littelfuse had a return on equity of 9.74% and a net margin of 5.30%.The firm had revenue of $613.41 million for the quarter, compared to analyst estimates of $571.04 million. During the same period in the previous year, the company posted $1.97 earnings per share. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Research analysts anticipate that Littelfuse will post 9.49 EPS for the current year.

Littelfuse Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were paid a $0.75 dividend. The ex-dividend date was Thursday, August 21st. This represents a $3.00 annualized dividend and a dividend yield of 1.2%. This is an increase from Littelfuse’s previous quarterly dividend of $0.70. Littelfuse’s dividend payout ratio is currently 62.50%.

Insider Activity

In other news, VP Ryan K. Stafford sold 10,206 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $261.34, for a total value of $2,667,236.04. Following the sale, the vice president directly owned 30,727 shares in the company, valued at approximately $8,030,194.18. This represents a 24.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director T J. Chung sold 2,343 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $246.11, for a total value of $576,635.73. Following the completion of the sale, the director owned 18,730 shares in the company, valued at approximately $4,609,640.30. This represents a 11.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,759 shares of company stock worth $6,697,362. Company insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Littelfuse

Large investors have recently bought and sold shares of the business. Teacher Retirement System of Texas grew its position in Littelfuse by 80.5% during the 1st quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company’s stock worth $988,000 after acquiring an additional 2,240 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Littelfuse by 1.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company’s stock worth $26,963,000 after acquiring an additional 2,571 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Littelfuse by 0.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company’s stock worth $61,953,000 after acquiring an additional 2,362 shares during the last quarter. Advantage Alpha Capital Partners LP bought a new stake in Littelfuse during the 1st quarter worth approximately $3,024,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Littelfuse during the 1st quarter worth approximately $499,000. 96.14% of the stock is currently owned by institutional investors.

About Littelfuse

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.