Bel Fuse (NASDAQ:BELFA - Get Free Report)'s stock had its "hold (c)" rating reissued by analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.
Bel Fuse Stock Up 3.8%
BELFA stock traded up $4.35 during midday trading on Wednesday, hitting $118.15. 7,724 shares of the company's stock were exchanged, compared to its average volume of 7,718. The company has a current ratio of 3.05, a quick ratio of 1.72 and a debt-to-equity ratio of 0.63. Bel Fuse has a 12-month low of $53.95 and a 12-month high of $126.80. The firm has a 50 day moving average price of $116.59 and a 200-day moving average price of $89.61. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 30.61 and a beta of 1.25.
Bel Fuse (NASDAQ:BELFA - Get Free Report) last released 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 the consensus estimate of $149.60 million. Bel Fuse has set its Q3 2025 guidance at EPS.
Institutional Investors Weigh In On Bel Fuse
Several large investors have recently modified their holdings of BELFA. American Century Companies Inc. boosted its position in shares of Bel Fuse by 19.6% in the first quarter. American Century Companies Inc. now owns 35,895 shares of the scientific and technical instruments company's stock worth $2,587,000 after buying an additional 5,876 shares during the period. Cynosure Group LLC acquired a new stake in Bel Fuse during the first quarter valued at $310,000. Rhumbline Advisers boosted its position in Bel Fuse by 41.5% during the first 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. Herald Investment Management Ltd boosted its position in Bel Fuse by 87.5% during the first quarter. Herald Investment Management Ltd now owns 7,500 shares of the scientific and technical instruments company's stock valued at $540,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Bank of America Corp DE grew its stake 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 valued at $148,000 after buying an additional 486 shares in the last quarter. 6.01% of the stock is owned by institutional investors.
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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