Gabelli Funds LLC Trims Stock Position in Bel Fuse Inc. $BELFA

Key Points

• Gabelli Funds LLC has reduced its holdings in Bel Fuse Inc. by 6.9%, selling 5,000 shares to own a total of 67,200 shares, valued at approximately $4.84 million.
• Bel Fuse recently reported an earnings per share (EPS) of $1.58, exceeding estimates by $0.43, with a revenue of $168.30 million for the quarter.
• The company has announced a quarterly dividend of $0.06 per share, with the ex-dividend date on October 15th, pointing to a 0.2% dividend yield.

Gabelli Funds LLC lessened its stake in shares of Bel Fuse Inc. (NASDAQ:BELFA - Free Report) by 6.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,200 shares of the scientific and technical instruments company's stock after selling 5,000 shares during the period. Gabelli Funds LLC owned 0.53% of Bel Fuse worth $4,842,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN boosted its holdings in shares of Bel Fuse by 26.1% during 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 purchasing an additional 223 shares during the last quarter. Bank of America Corp DE lifted its holdings 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 acquiring an additional 486 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of 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 valued at $188,000 after acquiring an additional 767 shares during the last quarter. Barclays PLC lifted its holdings in shares of Bel Fuse by 13.5% in the 4th quarter. Barclays PLC now owns 2,623 shares of the scientific and technical instruments company's stock valued at $237,000 after acquiring an additional 312 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Bel Fuse in the 4th quarter valued at about $337,000. Institutional investors own 6.01% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Baird R W raised shares of Bel Fuse to a "strong-buy" rating in a 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 stock. Based on data from MarketBeat, Bel Fuse has an average rating of "Strong Buy" and a consensus target price of $115.00.

Bel Fuse Price Performance

BELFA traded up $1.77 during trading on Wednesday, reaching $117.55. The company's stock had a trading volume of 2,506 shares, compared to its average volume of 7,552. The company has a quick ratio of 1.72, a current ratio of 3.05 and a debt-to-equity ratio of 0.63. The firm has a fifty day simple moving average of $103.88 and a two-hundred day simple moving average of $82.71. Bel Fuse Inc. has a 1 year low of $53.95 and a 1 year high of $119.30. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 30.40 and a beta of 1.22.

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 earnings per share for the quarter, topping 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 business had revenue of $168.30 million for the quarter, compared to analyst estimates of $149.60 million. Bel Fuse has set its Q3 2025 guidance at EPS.

Bel Fuse Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, October 15th. Bel Fuse's payout ratio is presently 6.22%.

Bel Fuse 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.