Bel Fuse (NASDAQ:BELFA) Sets New 52-Week High - Here's Why

Key Points

• Bel Fuse Inc. reached a new 52-week high of $120.98, with the stock last trading at $120.44, reflecting a significant increase from its previous close of $118.00.
• Analyst ratings for Bel Fuse have improved, with Baird raising the stock to a "strong-buy" rating, contributing to an average rating of "Strong Buy" and a target price of $115.00.
• The company reported quarterly earnings exceeding expectations, posting earnings per share of $1.58 against a consensus estimate of $1.15, and announced a quarterly dividend of $0.06 per share.

Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $120.98 and last traded at $120.44, with a volume of 8537 shares traded. The stock had previously closed at $118.00.

Wall Street Analyst Weigh In

Separately, Baird R W raised Bel Fuse to a "strong-buy" rating in a report on Monday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat, Bel Fuse has a consensus rating of "Strong Buy" and an average price target of $115.00.

Bel Fuse Price Performance

The company has a 50 day moving average of $109.31 and a two-hundred day moving average of $84.95. The firm has a market cap of $1.58 billion, a P/E ratio of 32.28 and a beta of 1.22. The company has a quick ratio of 1.72, a current ratio of 3.05 and a debt-to-equity ratio of 0.63.

Bel Fuse (NASDAQ:BELFA - Get Free Report) last announced its earnings results on Thursday, July 24th. The scientific and technical instruments company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.43. Bel Fuse had a return on equity of 18.33% and a net margin of 8.59%.The business had revenue of $168.30 million during the quarter, compared to analysts' expectations of $149.60 million. Bel Fuse has set its Q3 2025 guidance at EPS.

Bel Fuse Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. Bel Fuse's dividend payout ratio (DPR) is 6.22%.

Institutional Trading of Bel Fuse

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC acquired a new stake in shares of Bel Fuse during the 2nd quarter worth approximately $51,000. Tower Research Capital LLC TRC boosted its stake in Bel Fuse by 447.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company's stock valued at $67,000 after buying an additional 608 shares in the last quarter. Bank of America Corp DE raised its position in Bel Fuse by 41.8% in the 4th quarter. Bank of America Corp DE now owns 1,648 shares of the scientific and technical instruments company's stock valued at $148,000 after purchasing an additional 486 shares during the last quarter. Rhumbline Advisers raised its position in Bel Fuse by 41.5% in the 1st quarter. Rhumbline Advisers now owns 2,613 shares of the scientific and technical instruments company's stock valued at $188,000 after purchasing an additional 767 shares during the last quarter. Finally, Makaira Partners LLC bought a new stake in shares of Bel Fuse during the first quarter worth $288,000. Institutional investors and hedge funds own 6.01% of the company's stock.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.