Littelfuse (NASDAQ:LFUS) Raised to “Strong-Buy” at Baird R W

Littelfuse (NASDAQ:LFUS) was upgraded by stock analysts at Baird R W from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

LFUS has been the subject of a number of other research reports. Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Littelfuse in a research note on Wednesday. Robert W. Baird raised Littelfuse from a “neutral” rating to an “outperform” rating and upped their price target for the company from $290.00 to $310.00 in a research report on Friday. Finally, Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $292.50.

Littelfuse Trading Down 2.3%

NASDAQ LFUS opened at $249.87 on Friday. Littelfuse has a 1-year low of $142.10 and a 1-year high of $271.81. The company has a current ratio of 4.06, a quick ratio of 2.98 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $258.15 and a 200-day moving average of $224.37. The firm has a market cap of $6.19 billion, a PE ratio of 52.06, a price-to-earnings-growth ratio of 2.02 and a beta of 1.45.

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

Insider Buying and Selling at Littelfuse

In other Littelfuse news, SVP Alexander Conrad sold 13,210 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $261.43, for a total transaction of $3,453,490.30. Following the sale, the senior vice president directly owned 3,427 shares in the company, valued at approximately $895,920.61. This trade represents a 79.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director T J. Chung sold 2,343 shares of the stock in a transaction 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 sale, the director 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 disclosure for this sale can be found here. In the last three months, insiders have sold 25,759 shares of company stock worth $6,697,362. Insiders own 2.50% of the company’s stock.

Institutional Trading of Littelfuse

Several institutional investors have recently added to or reduced their stakes in the business. Trust Point Inc. boosted its stake in Littelfuse by 30.0% during the 3rd quarter. Trust Point Inc. now owns 2,452 shares of the technology company’s stock valued at $635,000 after purchasing an additional 566 shares during the last quarter. Perpetual Ltd purchased a new position in shares of Littelfuse in the 3rd quarter worth $202,000. Embree Financial Group boosted its stake in shares of Littelfuse by 5.0% in the 3rd quarter. Embree Financial Group now owns 1,017 shares of the technology company’s stock worth $263,000 after buying an additional 48 shares during the last quarter. Heritage Family Offices LLP purchased a new position in shares of Littelfuse in the 3rd quarter worth $201,000. Finally, Sanders Morris Harris LLC purchased a new position in shares of Littelfuse in the 3rd quarter worth $518,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

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.