Wall Street Zen Upgrades Littelfuse (NASDAQ:LFUS) to Strong-Buy

Key Points

• Wall Street Zen upgraded Littelfuse from buy to strong-buy, adding to a mixed but generally positive analyst backdrop that includes a consensus rating of Moderate Buy and an average price target of $436.67.
• Shares rose 3.5% after the company reported better-than-expected quarterly results, with EPS of $3.31 versus $2.83 expected and revenue of $656.97 million, up 18.5% year over year.
• Insider selling and institutional ownership were notable, with directors and executives selling shares over the past 90 days while 96.14% of the stock remains held by hedge funds and other institutions.

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

LFUS has been the topic of several other research reports. UBS Group set a $360.00 price objective on shares of Littelfuse in a research note on Thursday, January 29th. Benchmark raised shares of Littelfuse from a "hold" rating to a "buy" rating and set a $360.00 price objective on the stock in a research note on Thursday, January 29th. Weiss Ratings lowered shares of Littelfuse from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, April 13th. Robert W. Baird set a $360.00 price objective on shares of Littelfuse in a research note on Thursday, January 29th. Finally, Needham & Company LLC boosted their price objective 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 issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $436.67.

Littelfuse Trading Up 3.5%

NASDAQ:LFUS opened at $457.03 on Friday. 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. 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 2.83 and a beta of 1.46.

Littelfuse (NASDAQ:LFUS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The technology company reported $3.31 EPS for the quarter, topping the consensus estimate of $2.83 by $0.48. Littelfuse had a negative net margin of 1.61% and a positive return on equity of 11.62%. The business had revenue of $656.97 million for the quarter, compared to analyst estimates of $638.98 million. During the same quarter in the previous year, the firm posted $2.19 earnings per share. Littelfuse's quarterly revenue was up 18.5% on a year-over-year basis. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, analysts forecast that Littelfuse will post 12.99 EPS for the current fiscal year.

Insider Activity

In other Littelfuse news, Director Kristina A. Cerniglia sold 2,343 shares of Littelfuse stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $368.38, for a total value of $863,114.34. Following the completion of the transaction, the director directly owned 4,255 shares of the company's stock, valued at approximately $1,567,456.90. The trade was a 35.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Maggie Chu sold 815 shares of Littelfuse stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $392.47, for a total transaction of $319,863.05. Following the completion of the transaction, the senior vice president directly owned 6,283 shares of the company's stock, valued at $2,465,889.01. This trade represents a 11.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,351 shares of company stock valued at $3,361,060 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Key Capital Management INC purchased a new position in shares of Littelfuse during the fourth quarter valued at approximately $25,000. Atlas Capital Advisors Inc. purchased a new position in shares of Littelfuse during the fourth quarter valued at approximately $27,000. V Square Quantitative Management LLC purchased a new position in shares of Littelfuse during the fourth quarter valued at approximately $30,000. Cullen Frost Bankers Inc. purchased a new position in shares of Littelfuse during the third quarter valued at approximately $31,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of Littelfuse by 57.6% during the third quarter. Hantz Financial Services Inc. now owns 134 shares of the technology company's stock valued at $35,000 after purchasing an additional 49 shares during the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

Littelfuse Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.