Bel Fuse (NASDAQ:BELFA) Hits New 52-Week High - Should You Buy?

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) reached 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 changing hands. The stock had previously closed at $118.00.

Analyst Ratings Changes

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

Bel Fuse Stock Up 4.9%

The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.72 and a current ratio of 3.05. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 32.06 and a beta of 1.22. The business has a 50-day simple moving average of $107.55 and a two-hundred day simple moving average of $84.15.

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

Bel Fuse Announces Dividend

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

Hedge Funds Weigh In On Bel Fuse

Several institutional investors and hedge funds have recently bought and sold shares of BELFA. FNY Investment Advisers LLC purchased a new stake in shares of Bel Fuse during the 2nd quarter worth about $51,000. Tower Research Capital LLC TRC grew its position in shares of Bel Fuse by 447.1% during the second quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company's stock worth $67,000 after buying an additional 608 shares in the last quarter. Bank of America Corp DE increased its position in shares of 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 worth $148,000 after purchasing an additional 486 shares during the last quarter. Rhumbline Advisers grew its position in shares of 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 worth $188,000 after acquiring an additional 767 shares in the last quarter. Finally, Makaira Partners LLC bought a new stake in Bel Fuse during the first quarter valued at $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.

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