Littelfuse (NASDAQ:LFUS) Upgraded to Strong-Buy at Zacks Research

Key Points

• Littelfuse has been upgraded by Zacks Research from a "hold" to a "strong-buy" rating, reflecting increased confidence in the company's stock performance.
• The company reported $2.85 earnings per share for the last quarter, exceeding the expected $2.35, and showing a 9.8% increase in revenue year-over-year.
• Recent insider transactions revealed significant stock sales, with executives decreasing their positions, including a senior vice president selling over 13,210 shares valued at approximately $3.45 million.

Littelfuse (NASDAQ:LFUS - Get Free Report) was upgraded by Zacks Research from a "hold" rating to a "strong-buy" rating in a report issued on Wednesday, September 3rd,Zacks.com reports.

Several other equities research analysts also recently weighed in on the company. Wall Street Zen downgraded Littelfuse from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 23rd. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research report on Wednesday, May 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $234.50.

Littelfuse Price Performance

Shares of NASDAQ LFUS traded up $3.27 during trading on Wednesday, reaching $264.39. The company had a trading volume of 58,448 shares, compared to its average volume of 208,381. The stock has a market capitalization of $6.55 billion, a PE ratio of 55.04, a price-to-earnings-growth ratio of 2.12 and a beta of 1.44. The stock has a 50-day moving average price of $247.12 and a two-hundred day moving average price of $217.76. Littelfuse has a twelve month low of $142.10 and a twelve month high of $271.72. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30.

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

Insider Buying and Selling at Littelfuse

In other Littelfuse news, Director T J. Chung sold 2,343 shares of the firm's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $246.11, for a total transaction of $576,635.73. Following the transaction, the director directly owned 18,730 shares in the company, valued at $4,609,640.30. This trade represents a 11.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Alexander Conrad sold 13,210 shares of Littelfuse stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $261.43, for a total value of $3,453,490.30. Following the completion of the transaction, the senior vice president owned 3,427 shares in the company, valued at $895,920.61. The trade was a 79.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,759 shares of company stock worth $6,697,362 over the last three months. Corporate insiders own 2.50% of the company's stock.

Institutional Investors Weigh In On Littelfuse

A number of institutional investors have recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC grew its position in Littelfuse by 22.0% during the second quarter. Orion Porfolio Solutions LLC now owns 5,112 shares of the technology company's stock worth $1,159,000 after buying an additional 922 shares in the last quarter. Squarepoint Ops LLC grew its position in Littelfuse by 364.9% during the second quarter. Squarepoint Ops LLC now owns 27,169 shares of the technology company's stock worth $6,160,000 after buying an additional 21,325 shares in the last quarter. State of Wyoming acquired a new stake in Littelfuse during the second quarter worth about $261,000. Pitcairn Co. acquired a new stake in Littelfuse during the second quarter worth about $356,000. Finally, Geneos Wealth Management Inc. grew its position in Littelfuse by 43.8% during the second quarter. Geneos Wealth Management Inc. now owns 479 shares of the technology company's stock worth $109,000 after buying an additional 146 shares in the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

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.