Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $110.67, but opened at $115.14. Bel Fuse shares last traded at $115.70, with a volume of 2,885 shares changing hands.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Bel Fuse in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $115.00.
Read Our Latest Report on Bel Fuse
Bel Fuse Stock Performance
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 firm's 50 day simple moving average is $116.72 and its 200 day simple moving average is $90.83. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 30.02 and a beta of 1.25.
Bel Fuse (NASDAQ:BELFA - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The scientific and technical instruments company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.15 by $0.43. Bel Fuse had a net margin of 8.59% and a return on equity of 18.33%. 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 disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. Bel Fuse's payout ratio is presently 6.22%.
Institutional Trading of Bel Fuse
Institutional investors and hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in Bel Fuse during the 2nd quarter valued at approximately $51,000. Tower Research Capital LLC TRC increased its holdings in shares of Bel Fuse by 447.1% during 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 purchasing an additional 608 shares in the last quarter. Bank of America Corp DE increased its holdings 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 worth $148,000 after acquiring an additional 486 shares in the last quarter. Rhumbline Advisers increased its holdings 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 acquiring an additional 767 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Bel Fuse in the second quarter valued at about $330,000. 6.01% of the stock is currently owned by institutional investors and hedge funds.
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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