Littelfuse (NASDAQ:LFUS) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Littelfuse (NASDAQ:LFUS) from a buy rating to a strong-buy rating in a research note published on Saturday.

Several other research analysts also recently issued reports on the stock. Benchmark upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 target price on the stock in a research note on Thursday, January 29th. Zacks Research downgraded shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 6th. Robert W. Baird set a $360.00 target price on shares of Littelfuse in a research note on Thursday, January 29th. Weiss Ratings downgraded shares of Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 13th. Finally, Needham & Company LLC upped their target price on shares of Littelfuse from $450.00 to $520.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $436.67.

Littelfuse Trading Up 3.5%

NASDAQ:LFUS opened at $457.03 on Friday. The company’s 50-day simple moving average is $361.35 and its 200 day simple moving average is $308.64. The firm has a market capitalization of $11.56 billion, a P/E ratio of -270.43, a PEG ratio of 2.93 and a beta of 1.46. Littelfuse has a one year low of $197.19 and a one year high of $475.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.61 and a quick ratio of 1.91.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share (EPS) for the quarter, topping 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 negative net margin of 1.61% and a positive return on equity of 11.62%. The business’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.19 earnings per share. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, analysts forecast that Littelfuse will post 13.56 EPS for the current fiscal year.

Littelfuse Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a dividend of $0.75 per share. The ex-dividend date is Thursday, May 21st. This represents a $3.00 dividend on an annualized basis and a yield of 0.7%. Littelfuse’s dividend payout ratio is -103.45%.

Insider Activity at Littelfuse

In related news, SVP Maggie Chu sold 815 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $392.47, for a total transaction of $319,863.05. Following the transaction, the senior vice president owned 6,283 shares in the company, valued at $2,465,889.01. This represents a 11.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gordon Hunter sold 911 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $367.68, for a total transaction of $334,956.48. Following the transaction, the director owned 26,789 shares in the company, valued at approximately $9,849,779.52. This trade represents a 3.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,351 shares of company stock worth $3,361,060 in the last three months. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in Littelfuse by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 147,379 shares of the technology company’s stock valued at $38,173,000 after buying an additional 2,013 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in Littelfuse during the third quarter valued at approximately $1,469,000. Y Intercept Hong Kong Ltd purchased a new stake in Littelfuse during the third quarter valued at approximately $810,000. Tudor Investment Corp ET AL increased its holdings in Littelfuse by 98.1% during the third quarter. Tudor Investment Corp ET AL now owns 82,126 shares of the technology company’s stock valued at $21,271,000 after buying an additional 40,677 shares during the last quarter. Finally, Jain Global LLC purchased a new stake in Littelfuse during the third quarter valued at approximately $12,485,000. Institutional investors own 96.14% of the company’s stock.

About Littelfuse

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.