Bel Fuse (BELFA) to Release Earnings on Wednesday

Bel Fuse (NASDAQ:BELFA) will be releasing its earnings data on Wednesday, April 10th.

Bel Fuse (NASDAQ:BELFA) last announced its earnings results on Wednesday, February 21st. The scientific and technical instruments company reported $1.29 earnings per share (EPS) for the quarter. The business had revenue of $140.01 million for the quarter. Bel Fuse had a return on equity of 26.57% and a net margin of 11.54%.

Bel Fuse Price Performance

NASDAQ BELFA opened at $71.60 on Tuesday. The company has a 50-day moving average price of $69.23 and a 200-day moving average price of $59.90. Bel Fuse has a 52 week low of $33.04 and a 52 week high of $78.77. The company has a quick ratio of 2.21, a current ratio of 3.45 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $913.62 million, a P/E ratio of 12.95 and a beta of 1.41.

Bel Fuse Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, April 12th. This represents a $0.24 annualized dividend and a yield of 0.34%. Bel Fuse’s dividend payout ratio (DPR) is 4.34%.

Institutional Investors Weigh In On Bel Fuse

Hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in shares of Bel Fuse by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 97,522 shares of the scientific and technical instruments company’s stock valued at $3,247,000 after acquiring an additional 816 shares during the period. Renaissance Technologies LLC boosted its position in shares of Bel Fuse by 5.3% in the second quarter. Renaissance Technologies LLC now owns 27,600 shares of the scientific and technical instruments company’s stock worth $1,601,000 after purchasing an additional 1,400 shares during the period. State Street Corp purchased a new stake in shares of Bel Fuse in the second quarter worth $543,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Bel Fuse during the 3rd quarter valued at $415,000. Finally, Northern Trust Corp lifted its stake in shares of Bel Fuse by 16.3% during the 3rd quarter. Northern Trust Corp now owns 8,276 shares of the scientific and technical instruments company’s stock valued at $385,000 after buying an additional 1,162 shares in the last quarter. 6.01% of the stock is currently owned by hedge funds and other institutional investors.

About Bel Fuse

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally.