Littelfuse (NASDAQ:LFUS) Now Covered by Analysts at Needham & Company LLC

Needham & Company LLC initiated coverage on shares of Littelfuse (NASDAQ:LFUS) in a research report sent to investors on Friday, MarketBeat Ratings reports. The firm issued a buy rating and a $450.00 price target on the technology company’s stock.

Several other brokerages have also commented on LFUS. Weiss Ratings lowered shares of Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 13th. Oppenheimer raised their price objective on shares of Littelfuse from $380.00 to $430.00 and gave the stock an “outperform” rating in a report on Friday, April 10th. Benchmark upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price objective for the company in a report on Thursday, January 29th. Zacks Research lowered shares of Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. Finally, Wall Street Zen lowered shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. One equities research 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $401.67.

Littelfuse Trading Up 0.7%

Shares of Littelfuse stock traded up $2.91 during trading on Friday, reaching $407.08. 303,120 shares of the stock were exchanged, compared to its average volume of 208,928. The company has a quick ratio of 1.91, a current ratio of 2.69 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average is $357.37 and its 200 day moving average is $304.39. The firm has a market cap of $10.24 billion, a price-to-earnings ratio of -140.37, a price-to-earnings-growth ratio of 2.59 and a beta of 1.46. Littelfuse has a 1 year low of $188.08 and a 1 year high of $415.00.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.51 by $0.18. The company had revenue of $593.93 million during the quarter, compared to analyst estimates of $583.53 million. Littelfuse had a negative net margin of 3.00% and a positive return on equity of 10.53%. Littelfuse’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.04 earnings per share. As a group, equities research analysts expect that Littelfuse will post 12.99 earnings per share for the current fiscal year.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Peter Sung-Jip Kim sold 5,488 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $326.35, for a total transaction of $1,791,008.80. Following the completion of the transaction, the senior vice president owned 10,175 shares of the company’s stock, valued at approximately $3,320,611.25. This trade represents a 35.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Ryan K. Stafford sold 16,839 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $325.25, for a total transaction of $5,476,884.75. Following the transaction, the vice president directly owned 28,591 shares of the company’s stock, valued at $9,299,222.75. This represents a 37.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 50,109 shares of company stock valued at $16,659,553. 1.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Littelfuse

A number of institutional investors and hedge funds have recently made changes to their positions in LFUS. Key Capital Management INC bought a new position in shares of Littelfuse during the fourth quarter valued at approximately $25,000. Blue Trust Inc. increased its stake in shares of Littelfuse by 1,666.7% during the third quarter. Blue Trust Inc. now owns 106 shares of the technology company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in shares of Littelfuse during the fourth quarter valued at approximately $27,000. V Square Quantitative Management LLC bought a new stake in shares of Littelfuse during the fourth quarter valued at approximately $30,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of Littelfuse during the third quarter valued at approximately $31,000. Institutional investors own 96.14% of the company’s stock.

Littelfuse News Summary

Here are the key news stories impacting Littelfuse this week:

• Positive Sentiment: Needham initiated coverage with a “Buy” and a $450 price target, giving the stock clear near-term upside from current levels; that coverage is a likely immediate catalyst for buying interest. Benzinga The Fly
• Positive Sentiment: Recent results showed revenue growth (revenue up ~12% YoY) and an EPS beat in the latest quarter, and other brokers (e.g., Oppenheimer) have raised price targets — supporting a bullish analyst narrative around margin recovery and end-market demand. Why Littelfuse Is Drawing Market Attention
• Neutral Sentiment: Company culture/benefits pages and employer branding updates (Built In Chicago) can help retention and hiring but are unlikely to move the stock materially in the near term. Littelfuse Benefits Overview
• Neutral Sentiment: Broad institutional ownership and mixed analyst ratings (consensus “Moderate Buy” with varying price targets) mean momentum may persist but also leaves room for volatility as analysts update models. MarketBeat LFUS Coverage
• Negative Sentiment: Insider selling: SVP Maggie Chu disclosed multiple share sales in late April (totaling several hundred shares), which can be perceived negatively by some investors even though sizes are small relative to her holdings. The Form 4 filing is public. SEC Form 4
• Negative Sentiment: Financial caution: the company still shows a negative net margin and a negative trailing P/E, which represent execution/profitability risks that could cap upside if revenue or margin improvement disappoints. (No link)

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.