Needham & Company LLC Reiterates Buy Rating for Littelfuse (NASDAQ:LFUS)

Littelfuse (NASDAQ:LFUS)‘s stock had its “buy” rating reaffirmed by research analysts at Needham & Company LLC in a report released on Monday,Benzinga reports. They currently have a $520.00 price objective on the technology company’s stock. Needham & Company LLC’s price objective suggests a potential upside of 16.56% from the stock’s previous close.

A number of other research firms also recently commented on LFUS. Weiss Ratings downgraded shares of Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 13th. Benchmark upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 target price on the stock in a report on Thursday, January 29th. Robert W. Baird set a $360.00 target price on shares of Littelfuse in a report on Thursday, January 29th. Williams Trading set a $520.00 target price on Littelfuse in a research report on Thursday, May 7th. Finally, Wall Street Zen raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $436.67.

Littelfuse Stock Performance

Shares of NASDAQ:LFUS opened at $446.11 on Monday. The company has a market cap of $11.28 billion, a PE ratio of -263.97, a P/E/G ratio of 2.74 and a beta of 1.46. The company’s 50-day moving average price is $373.95 and its 200 day moving average price is $316.76. Littelfuse has a fifty-two week low of $201.19 and a fifty-two week high of $483.95. The company has a quick ratio of 1.82, a current ratio of 2.61 and a debt-to-equity ratio of 0.21.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, May 6th. The technology company reported $3.31 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.48. The firm had revenue of $656.97 million for the quarter, compared to the consensus estimate of $638.98 million. Littelfuse had a positive return on equity of 11.62% and a negative net margin of 1.61%.The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.19 EPS. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. Sell-side analysts anticipate that Littelfuse will post 13.56 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Gordon Hunter sold 911 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $367.68, for a total transaction of $334,956.48. Following the transaction, the director owned 26,789 shares in the company, valued at $9,849,779.52. This represents a 3.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kristina A. Cerniglia sold 2,343 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $368.38, for a total transaction of $863,114.34. Following the transaction, the director owned 4,255 shares in the company, valued at approximately $1,567,456.90. This trade represents a 35.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,351 shares of company stock valued at $1,629,860 in the last three months. Insiders own 1.00% of the company’s stock.

Institutional Trading of Littelfuse

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Key Capital Management INC acquired a new stake in shares of Littelfuse during the 4th quarter valued at about $25,000. Atlas Capital Advisors Inc. acquired a new position in Littelfuse in the fourth quarter valued at about $27,000. Cullen Frost Bankers Inc. acquired a new position in Littelfuse in the third quarter valued at about $31,000. V Square Quantitative Management LLC acquired a new position in Littelfuse in the fourth quarter valued at about $30,000. Finally, Hantz Financial Services Inc. boosted its position in Littelfuse by 57.6% in the third quarter. Hantz Financial Services Inc. now owns 134 shares of the technology company’s stock valued at $35,000 after buying an additional 49 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

About Littelfuse

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.