Bel Fuse Inc. (NASDAQ:BELFA - Get Free Report) shares were up 5.4% during trading on Thursday . The stock traded as high as $123.37 and last traded at $125.53. Approximately 4,427 shares traded hands during trading, a decline of 42% from the average daily volume of 7,670 shares. The stock had previously closed at $119.15.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "hold (c)" rating on shares of Bel Fuse in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $115.00.
Check Out Our Latest Stock Report on Bel Fuse
Bel Fuse Trading Up 4.8%
The stock has a fifty day moving average of $116.73 and a 200 day moving average of $91.20. The company has a market capitalization of $1.58 billion, a P/E ratio of 32.35 and a beta of 1.25. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.72 and a current ratio of 3.05.
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 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.43. Bel Fuse had a return on equity of 18.33% and a net margin of 8.59%.The company had revenue of $168.30 million for 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 declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. Bel Fuse's dividend payout ratio is presently 6.22%.
Institutional Investors Weigh In On Bel Fuse
A number of institutional investors have recently bought and sold shares of the business. Gabelli Funds LLC increased its stake in Bel Fuse by 0.3% in the 2nd quarter. Gabelli Funds LLC now owns 67,400 shares of the scientific and technical instruments company's stock worth $6,056,000 after buying an additional 200 shares in the last quarter. Rhumbline Advisers increased its stake in Bel Fuse by 17.7% in the 2nd quarter. Rhumbline Advisers now owns 3,075 shares of the scientific and technical instruments company's stock worth $276,000 after buying an additional 462 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Bel Fuse in the 2nd quarter worth $51,000. Tower Research Capital LLC TRC increased 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 worth $67,000 after buying an additional 608 shares in the last quarter. Finally, Cynosure Group LLC grew its position in shares of Bel Fuse by 23.2% during the second quarter. Cynosure Group LLC now owns 5,302 shares of the scientific and technical instruments company's stock valued at $476,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 6.01% of the company's stock.
Bel Fuse Company Profile
(
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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