Los Angeles Capital Management LLC purchased a new position in shares of Bel Fuse Inc. (NASDAQ:BELFA – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,675 shares of the scientific and technical instruments company’s stock, valued at approximately $330,000.
Other institutional investors have also recently made changes to their positions in the company. Investors Asset Management of Georgia Inc. GA ADV purchased a new stake in Bel Fuse during the 2nd quarter worth approximately $2,341,000. American Century Companies Inc. grew its stake 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 acquiring an additional 5,876 shares in the last quarter. Cynosure Group LLC acquired a new position in shares of Bel Fuse in the first quarter worth $310,000. Makaira Partners LLC purchased a new stake in shares of Bel Fuse during the first quarter worth $288,000. Finally, Herald Investment Management Ltd raised its stake in shares of Bel Fuse by 87.5% in 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 acquiring an additional 3,500 shares in the last quarter. Institutional investors and hedge funds own 6.01% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Bel Fuse in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $115.00.
Bel Fuse Trading Down 1.3%
Shares of NASDAQ:BELFA opened at $121.35 on Monday. Bel Fuse Inc. has a 52 week low of $53.95 and a 52 week high of $142.70. The company’s 50 day moving average is $124.75 and its two-hundred day moving average is $102.23. The company has a market cap of $1.54 billion, a PE ratio of 24.61 and a beta of 1.25. 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 (NASDAQ:BELFA – Get Free Report) last issued its earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.59. The firm had revenue of $178.98 million during the quarter, compared to the consensus estimate of $171.69 million. Bel Fuse had a net margin of 10.04% and a return on equity of 21.84%. Bel Fuse has set its Q4 2025 guidance at EPS.
Bel Fuse Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a $0.06 dividend. The ex-dividend date is Thursday, January 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 4.87%.
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.
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