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

Zacks Research downgraded shares of Littelfuse (NASDAQ:LFUSFree Report) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

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

Check Out Our Latest Stock Analysis on LFUS

Littelfuse Stock Performance

Shares of NASDAQ:LFUS opened at $416.31 on Monday. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21. The firm has a market cap of $10.53 billion, a PE ratio of -246.34, a PEG ratio of 2.28 and a beta of 1.49. The company’s 50 day moving average price is $453.28 and its two-hundred day moving average price is $376.43. Littelfuse has a 12-month low of $225.25 and a 12-month high of $500.57.

Littelfuse (NASDAQ:LFUSGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.48. The firm had revenue of $656.97 million for the quarter, compared to analyst estimates of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The company’s revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the company earned $2.19 EPS. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. Equities research analysts predict that Littelfuse will post 14.86 earnings per share for the current year.

Littelfuse Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, May 21st. Littelfuse’s dividend payout ratio is presently -177.51%.

Insider Activity

In other news, Director Anthony Grillo sold 3,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was 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 directly owned 64,928 shares in the company, valued at $29,344,858.88. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Maggie Chu sold 11,397 shares of Littelfuse stock in a transaction that occurred on 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 transaction, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,494 shares of company stock worth $6,750,834 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LFUS. Wellington Management Group LLP acquired a new stake in Littelfuse during the fourth quarter worth approximately $114,166,000. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Littelfuse by 67.3% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,024,176 shares of the technology company’s stock worth $259,035,000 after buying an additional 412,160 shares during the period. Norges Bank acquired a new position in shares of Littelfuse during the 4th quarter valued at $73,575,000. T. Rowe Price Investment Management Inc. lifted 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 acquiring an additional 225,445 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in Littelfuse by 1,842.8% during the fourth quarter. Corient Private Wealth LLC now owns 193,583 shares of the technology company’s stock worth $48,961,000 after acquiring an additional 183,619 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

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.

Featured Articles

Analyst Recommendations for Littelfuse (NASDAQ:LFUS)

Receive News & Ratings for Littelfuse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Littelfuse and related companies with MarketBeat.com's FREE daily email newsletter.