Goldman Sachs Group Inc. Sells 5,345 Shares of Bel Fuse Inc. $BELFA

Key Points

• Goldman Sachs Group Inc. reduced its holdings in Bel Fuse Inc. by 57.4%, selling 5,345 shares, resulting in ownership of 3,964 shares valued at approximately $286,000.
• Bel Fuse recently reported earnings of $1.58 per share, significantly exceeding analysts' expectations, and achieved revenues of $168.30 million for the quarter.
• The company declared a quarterly dividend of $0.06 per share, which will be distributed to shareholders on October 31st, leading to an annualized dividend yield of 0.2%.

Goldman Sachs Group Inc. lowered its position in Bel Fuse Inc. (NASDAQ:BELFA - Free Report) by 57.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,964 shares of the scientific and technical instruments company's stock after selling 5,345 shares during the period. Goldman Sachs Group Inc.'s holdings in Bel Fuse were worth $286,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Rhumbline Advisers raised its position 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 worth $188,000 after acquiring an additional 767 shares in the last quarter. Makaira Partners LLC bought a new position in shares of Bel Fuse in the 1st quarter worth approximately $288,000. American Century Companies Inc. raised its position in shares of Bel Fuse by 19.6% in the 1st quarter. American Century Companies Inc. now owns 35,895 shares of the scientific and technical instruments company's stock worth $2,587,000 after acquiring an additional 5,876 shares in the last quarter. Cynosure Group LLC bought a new position in shares of Bel Fuse in the 1st quarter worth approximately $310,000. Finally, Herald Investment Management Ltd raised its position in shares of Bel Fuse by 87.5% in 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. Institutional investors own 6.01% of the company's stock.

Bel Fuse Stock Down 0.6%

BELFA stock opened at $119.02 on Friday. Bel Fuse Inc. has a twelve month low of $53.95 and a twelve month high of $126.80. 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 market cap of $1.51 billion, a PE ratio of 30.83 and a beta of 1.22. The business has a 50 day moving average of $114.64 and a 200 day moving average of $87.61.

Bel Fuse (NASDAQ:BELFA - Get Free Report) last issued its earnings results on Thursday, July 24th. The scientific and technical instruments company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.15 by $0.43. Bel Fuse had a return on equity of 18.33% and a net margin of 8.59%.The business 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.

Bel Fuse Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. Bel Fuse's dividend payout ratio (DPR) is currently 6.22%.

Analyst Ratings Changes

Separately, Baird R W raised Bel Fuse to a "strong-buy" rating in a research report on Monday, June 9th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Strong Buy" and an average 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.

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