Bel Fuse Inc. $BELFA Shares Bought by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its ownership in Bel Fuse Inc. by 19.6%, now owning approximately 0.28% of the company valued at $2.58 million.
• Bel Fuse recently reported $1.58 EPS for the quarter, exceeding analyst expectations of $1.15, with revenues of $168.30 million surpassing estimates of $149.60 million.
• The company declared a quarterly dividend of $0.06 per share, which will be paid out on October 31st, with an ex-dividend date of October 15th.

American Century Companies Inc. boosted its holdings in shares of Bel Fuse Inc. (NASDAQ:BELFA - Free Report) by 19.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,895 shares of the scientific and technical instruments company's stock after acquiring an additional 5,876 shares during the period. American Century Companies Inc. owned about 0.28% of Bel Fuse worth $2,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cynosure Group LLC bought a new position in Bel Fuse during the 1st quarter worth about $310,000. Herald Investment Management Ltd grew its holdings in Bel Fuse by 87.5% during the 1st quarter. Herald Investment Management Ltd now owns 7,500 shares of the scientific and technical instruments company's stock worth $540,000 after acquiring an additional 3,500 shares in the last quarter. Rhumbline Advisers lifted its position in shares of 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 buying an additional 767 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of Bel Fuse by 199.9% during the fourth quarter. Citadel Advisors LLC now owns 16,419 shares of the scientific and technical instruments company's stock valued at $1,479,000 after buying an additional 10,945 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Bel Fuse by 41.8% during the fourth 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 during the last quarter. 6.01% of the stock is currently owned by institutional investors.

Bel Fuse Trading Up 1.4%

Shares of BELFA traded up $1.68 during mid-day trading on Thursday, reaching $118.98. The stock had a trading volume of 23,296 shares, compared to its average volume of 7,683. 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 Inc. has a 52-week low of $53.95 and a 52-week high of $120.41. The business's fifty day moving average is $104.57 and its 200 day moving average is $82.95. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 30.82 and a beta of 1.22.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.15 by $0.43. Bel Fuse had a net margin of 8.59% and a return on equity of 18.33%. The firm had revenue of $168.30 million during the quarter, compared to analyst estimates of $149.60 million. Bel Fuse has set its Q3 2025 guidance at EPS.

Bel Fuse Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given 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 is presently 6.22%.

Wall Street Analysts Forecast Growth

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 assigned a Buy rating to the stock. According to MarketBeat, Bel Fuse currently has an average rating of "Strong Buy" and a consensus target price of $115.00.

Bel Fuse Company Profile

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.