Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 14,981 shares were traded during mid-day trading, an increase of 67% from the previous session's volume of 8,952 shares.The stock last traded at $118.07 and had previously closed at $118.58.
Wall Street Analyst Weigh In
Separately, Baird R W raised shares of Bel Fuse to a "strong-buy" rating in a research report on Monday, June 9th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Strong Buy" and a consensus target price of $115.00.
Read Our Latest Report on Bel Fuse
Bel Fuse Price Performance
The company has a market capitalization of $1.48 billion, a PE ratio of 30.36 and a beta of 1.22. The stock's 50 day simple moving average is $105.84 and its 200-day simple moving average is $83.45. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.05 and a quick ratio of 1.72.
Bel Fuse (NASDAQ:BELFA - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The scientific and technical instruments company reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.43. The business had revenue of $168.30 million during the quarter, compared to analysts' expectations of $149.60 million. Bel Fuse had a return on equity of 18.33% and a net margin of 8.59%. 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. 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 Investors Weigh In On Bel Fuse
A number of hedge funds and other institutional investors have recently bought and sold shares of BELFA. FNY Investment Advisers LLC purchased a new position in shares of Bel Fuse in the second quarter valued at $51,000. Tower Research Capital LLC TRC boosted its holdings in shares of Bel Fuse by 447.1% in the second quarter. Tower Research Capital LLC TRC now owns 744 shares of the scientific and technical instruments company's stock valued at $67,000 after purchasing an additional 608 shares during the period. Wells Fargo & Company MN increased its position in shares of Bel Fuse by 26.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,079 shares of the scientific and technical instruments company's stock valued at $97,000 after acquiring an additional 223 shares during the period. Bank of America Corp DE boosted its stake in shares of Bel Fuse by 41.8% during 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 acquiring an additional 486 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake 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 worth $188,000 after purchasing an additional 767 shares in the last quarter. Institutional investors and hedge funds own 6.01% of the company's stock.
About Bel Fuse
(
Get Free Report)
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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