Needham & Company LLC Raises Littelfuse (NASDAQ:LFUS) Price Target to $520.00

Littelfuse (NASDAQ:LFUS) had its price objective lifted by investment analysts at Needham & Company LLC from $450.00 to $520.00 in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price indicates a potential upside of 13.78% from the stock’s current price.

Several other brokerages have also commented on LFUS. Weiss Ratings lowered Littelfuse from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, April 13th. Benchmark raised Littelfuse from a “hold” rating to a “buy” rating and set a $360.00 price target for the company in a report on Thursday, January 29th. Robert W. Baird set a $360.00 price target on Littelfuse in a report on Thursday, January 29th. Oppenheimer boosted their price target on Littelfuse from $380.00 to $430.00 and gave the company an “outperform” rating in a report on Friday, April 10th. Finally, Zacks Research lowered Littelfuse from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Littelfuse presently has an average rating of “Moderate Buy” and an average price target of $436.67.

Littelfuse Stock Performance

Shares of LFUS opened at $457.03 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.61 and a quick ratio of 1.91. Littelfuse has a one year low of $197.19 and a one year high of $475.00. 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. The business has a fifty day moving average of $361.35 and a 200 day moving average of $308.64.

Littelfuse (NASDAQ:LFUS) last issued 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 positive return on equity of 11.62% and a negative net margin of 1.61%.The company had revenue of $656.97 million during the quarter, compared to analyst estimates of $638.98 million. During the same quarter in the previous year, the company posted $2.19 earnings per share. Littelfuse’s revenue was up 18.5% compared to the same quarter last year. Littelfuse has set its Q2 2026 guidance at 3.650-3.850 EPS. As a group, sell-side analysts anticipate that Littelfuse will post 12.99 EPS for the current year.

Insider Buying and Selling

In other news, SVP Maggie Chu sold 282 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $396.90, for a total value of $111,925.80. Following the transaction, the senior vice president directly owned 6,001 shares in the company, valued at $2,381,796.90. The trade was a 4.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gordon Hunter sold 911 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $367.68, for a total value of $334,956.48. Following the completion of the sale, the director owned 26,789 shares in the company, valued at $9,849,779.52. This represents a 3.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 9,351 shares of company stock worth $3,361,060. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Littelfuse

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

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.