Bel Fuse Inc. $BELFA Shares Sold by Gamco Investors INC. ET AL

Key Points

• Gamco Investors INC. ET AL has reduced its holdings in Bel Fuse Inc. by 13.2%, selling 12,600 shares, and currently owns approximately 82,538 shares valued at $5.95 million.
• Several institutional investors, including Wells Fargo & Company and Bank of America Corp DE, have increased their positions in Bel Fuse, with Wells Fargo raising its holdings by 26.1%.
• Wall Street analysts have given Bel Fuse a consensus rating of "Strong Buy" with an average target price set at $115.00, indicating positive growth expectations for the stock.

Gamco Investors INC. ET AL decreased its position in shares of Bel Fuse Inc. (NASDAQ:BELFA - Free Report) by 13.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,538 shares of the scientific and technical instruments company's stock after selling 12,600 shares during the period. Gamco Investors INC. ET AL owned 0.65% of Bel Fuse worth $5,948,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in Bel Fuse by 26.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,079 shares of the scientific and technical instruments company's stock valued at $97,000 after acquiring an additional 223 shares during the last quarter. Bank of America Corp DE lifted its position in 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 acquiring an additional 486 shares during the last quarter. Rhumbline Advisers lifted 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 acquiring an additional 767 shares during the last quarter. Barclays PLC lifted its position in Bel Fuse by 13.5% during the fourth 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 purchased a new stake in Bel Fuse during the fourth quarter valued at approximately $337,000. Hedge funds and other institutional investors own 6.01% of the company's stock.

Wall Street Analyst Weigh In

Separately, Baird R W raised shares of Bel Fuse to a "strong-buy" rating in a research report on Monday, June 9th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Strong Buy" and a consensus target price of $115.00.

Bel Fuse Stock Performance

Bel Fuse stock traded down $0.80 during mid-day trading on Monday, reaching $114.43. 6,134 shares of the company traded hands, compared to its average volume of 6,545. 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 fifty-two week low of $53.95 and a fifty-two week high of $119.30. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 29.65 and a beta of 1.22. The firm's fifty day moving average is $102.64 and its two-hundred day moving average is $82.25.

Bel Fuse (NASDAQ:BELFA - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $168.30 million for the quarter, compared to analyst estimates of $149.60 million. Bel Fuse had a net margin of 8.59% and a return on equity of 18.33%. Bel Fuse has set its Q3 2025 guidance at EPS.

Bel Fuse Announces Dividend

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

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.