Littelfuse (NASDAQ:LFUS) Rating Lowered to Buy at Wall Street Zen

Key Points

• Littelfuse's rating was downgraded from "strong-buy" to "buy" by Wall Street Zen in a recent research note.
• Oppenheimer lowered its price target for Littelfuse shares from $310.00 to $275.00, while the stock has an average target price of $234.50 based on consensus estimates.
• In the last quarter, Littelfuse reported $613.41 million in revenue, significantly exceeding the consensus estimate, with earnings per share at $2.85, beating expectations by $0.50.

Littelfuse (NASDAQ:LFUS - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued on Saturday.

A number of other equities research analysts also recently issued reports on the stock. Oppenheimer lowered their price target on shares of Littelfuse from $310.00 to $275.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Robert W. Baird boosted their price objective on shares of Littelfuse from $182.00 to $194.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Finally, Benchmark reaffirmed a "hold" rating on shares of Littelfuse in a research note on Wednesday, May 28th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $234.50.

Littelfuse Price Performance

NASDAQ LFUS opened at $262.94 on Friday. The company has a market cap of $6.52 billion, a PE ratio of 54.78, a price-to-earnings-growth ratio of 2.15 and a beta of 1.41. Littelfuse has a 52 week low of $142.10 and a 52 week high of $275.56. The company has a quick ratio of 2.98, a current ratio of 4.06 and a debt-to-equity ratio of 0.30. The firm's 50-day simple moving average is $238.15 and its two-hundred day simple moving average is $216.57.

Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data 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 business had revenue of $613.41 million for the quarter, compared to the consensus estimate of $571.04 million. Littelfuse had a net margin of 5.30% and a return on equity of 9.74%. The company's revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.97 earnings per share. Littelfuse has set its Q3 2025 guidance at 2.650-2.850 EPS. Research analysts predict that Littelfuse will post 9.49 earnings per share for the current year.

Insider Buying and Selling at Littelfuse

In related news, 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 transaction, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.50% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Teacher Retirement System of Texas increased its position in shares of Littelfuse by 80.5% in the first quarter. Teacher Retirement System of Texas now owns 5,023 shares of the technology company's stock worth $988,000 after purchasing an additional 2,240 shares during the last quarter. Millennium Management LLC grew its position in Littelfuse by 806.0% during the fourth quarter. Millennium Management LLC now owns 19,253 shares of the technology company's stock valued at $4,537,000 after acquiring an additional 17,128 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Littelfuse by 1.9% during the first quarter. Envestnet Asset Management Inc. now owns 137,047 shares of the technology company's stock valued at $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 first quarter. Charles Schwab Investment Management Inc. now owns 314,897 shares of the technology company's stock valued at $61,953,000 after acquiring an additional 2,362 shares during the last quarter. Finally, Palisade Capital Management LP grew its position in Littelfuse by 6.5% during the first quarter. Palisade Capital Management LP now owns 183,400 shares of the technology company's stock valued at $36,082,000 after acquiring an additional 11,157 shares during the last quarter. 96.14% of the stock is currently owned by institutional investors.

Littelfuse Company Profile

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.

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