Bel Fuse (BELFB) Projected to Post Earnings on Thursday

Key Points

• Bel Fuse will report results after the market close on April 23, with analysts forecasting $1.92 EPS and $182.35 million in revenue; the shares opened at $236.04, giving a market cap of $2.99 billion and a P/E of 48.07 (52‑week range $64.00–$248.61).
• The company declared a quarterly dividend of $0.07 per share (payable May 1, ex-dividend April 15), equal to $0.28 annualized and roughly a 0.1% yield with a 5.7% payout ratio.
• Insiders have been net sellers — the CEO sold 33,967 shares (≈$7.95M) and a director sold 4,500 shares — while institutional investors own about 58.39% of the stock; analysts show a “Moderate Buy” consensus with a $216.50 average target and mixed recent rating changes (Needham raised its target to $250).

Bel Fuse (NASDAQ:BELFB - Get Free Report) is anticipated to post its results after the market closes on Thursday, April 23rd. Analysts expect Bel Fuse to post earnings of $1.92 per share and revenue of $182.3540 million for the quarter.

Bel Fuse Trading Down 0.5%

NASDAQ BELFB opened at $236.04 on Thursday. The company has a market cap of $2.99 billion, a PE ratio of 48.07, a PEG ratio of 2.41 and a beta of 1.56. The company has a current ratio of 3.02, a quick ratio of 1.71 and a debt-to-equity ratio of 0.46. Bel Fuse has a 12 month low of $64.00 and a 12 month high of $248.61. The stock has a 50 day moving average of $217.68 and a 200-day moving average of $184.58.

Bel Fuse Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, April 15th. Bel Fuse's dividend payout ratio is presently 5.70%.

Insider Buying and Selling at Bel Fuse

In other Bel Fuse news, CEO Farouq Salem Ali Tuweiq sold 33,967 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $234.00, for a total transaction of $7,948,278.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Peter E. Gilbert sold 4,500 shares of the firm's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $238.75, for a total value of $1,074,375.00. Following the sale, the director directly owned 15,047 shares of the company's stock, valued at $3,592,471.25. This represents a 23.02% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 5.37% of the company's stock.

Institutional Investors Weigh In On Bel Fuse

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of Bel Fuse by 74.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 834,261 shares of the electronics maker's stock worth $141,517,000 after buying an additional 355,563 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Bel Fuse by 19.2% during the fourth quarter. Janus Henderson Group PLC now owns 619,337 shares of the electronics maker's stock worth $105,016,000 after buying an additional 99,834 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Bel Fuse by 45.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 519,005 shares of the electronics maker's stock worth $88,039,000 after buying an additional 161,736 shares in the last quarter. Wasatch Advisors LP lifted its holdings in shares of Bel Fuse by 74.3% during the fourth quarter. Wasatch Advisors LP now owns 410,487 shares of the electronics maker's stock worth $69,631,000 after buying an additional 174,969 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Bel Fuse by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 267,950 shares of the electronics maker's stock worth $45,460,000 after buying an additional 2,803 shares in the last quarter. Institutional investors and hedge funds own 58.39% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Zacks Research downgraded Bel Fuse from a "strong-buy" rating to a "hold" rating in a report on Friday, January 2nd. Weiss Ratings downgraded Bel Fuse from a "buy (b-)" rating to a "hold (c)" rating in a report on Wednesday, February 25th. Northland Securities set a $266.00 price target on Bel Fuse in a report on Thursday, February 19th. Wall Street Zen downgraded Bel Fuse from a "buy" rating to a "hold" rating in a report on Monday, March 16th. Finally, Needham & Company LLC raised their price target on Bel Fuse from $212.00 to $250.00 and gave the company a "buy" rating in a report on Thursday, February 19th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Bel Fuse has an average rating of "Moderate Buy" and a consensus target price of $216.50.

About Bel Fuse

Bel Fuse Inc is a global manufacturer of electronic components that bridge power, data and video applications. The company offers a comprehensive portfolio of products, including board-level circuit protection devices such as fuses, positive temperature coefficient (PTC) resistors and inductors; power transformers, modules and supplies; as well as connectivity solutions encompassing USB, HDMI, RJ45, coaxial and fiber-optic connectors. These products serve a wide array of end markets, including telecommunications, data communications, consumer electronics, industrial automation, automotive and renewable energy.

Founded in 1949 and headquartered in Oradell, New Jersey, Bel Fuse has grown through organic expansion and strategic acquisitions.

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