BELFB · NASDAQ · Hardware, Equipment & Parts

Bel Fuse Class B (BELFB)

Builds power, protection, connectivity, and magnetic components for demanding aerospace, defense, industrial, and data applications.

$244.21
vs last close+0.75 (+0.31%)
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Bel Fuse Inc.BELFB
Information Technology

Sells power systems, circuit protection, rugged connectors, cable assemblies, networking products, and magnetic components to aerospace, defense, industrial, transportation, medical, and data-infrastructure customers. Revenue comes from standard and customized component sales across end-market-based segments, with most sales attributed to the United States, substantial manufacturing in China, and operations in Israel.

Designs and manufactures power systems, circuit-protection devices, high-reliability connectors and cable assemblies, networking products, and magnetic components for original-equipment manufacturers. Aerospace, Defense & Rugged Solutions serves aircraft, military, space, energy, broadcast, and other harsh-environment applications; Industrial Technology & Data Solutions serves networking, data infrastructure, transportation, medical, semiconductor, consumer, and industrial equipment.

Pairs standard components with customized solutions and application engineering for demanding reliability requirements. Most sales are attributed to the United States, while manufacturing and technical support operate across multiple regions. Operations depend on global supply and production networks, including substantial manufacturing in China and operations in Israel, and remain exposed to defense demand, trade and tariff rules, component availability, and the integration of acquired businesses.

Company facts

CEOFarouq Tuweiq
ListedJul 10, 1998
ExchangeNASDAQ
HeadquartersWest Orange, NJ
CountryUnited States
Employees4,964
CIK0000729580
ISINUS0773473006

Market cap$2.95B
EPS (ttm)$4.00
P/E (ttm)60.87
ROE11.0%
P/B3.24
P/S3.96
Dividend yieldDiv yield0.12%
Beta1.91vs XLK 1.39

Price target$315.00+29.4%Average of 8 analysts
ConsensusBuy8 of 8 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 31, 2026Northland SecuritiesTarget
Target: $321
Target: $326
Jul 14, 2026B. RileyInitiate
Rating:
Rating: Buy
Jul 13, 2026CitigroupInitiate
Rating:
Rating: Buy
May 4, 2026Northland SecuritiesTarget
Target: $266
Target: $321
May 1, 2026Robert W. BairdTarget
Target: $170
Target: $293

Next report
Oct 28, 26
in 36 days
EPS estimate
$2.71
Revenue estimate
$215.7M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported−$0.14$1.35$1.67$2.09$1.98$1.81$2.90Pending
Estimate$0.96$1.05$1.37$1.68$1.58$1.62$2.40$2.71
Surprise−114.6%+28.6%+21.9%+24.4%+25.3%+11.7%+20.8%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$149.9M$152.2M$168.3M$179.0M$175.9M$178.5M$210.7MPending
Estimate$126.4M$147.9M$156.3M$171.2M$172.0M$172.1M$206.5M$215.7M
Surprise+18.6%+2.9%+7.7%+4.5%+2.3%+3.7%+2.0%
Estimate$2.71
ReportedDue Oct 28, 2026
Estimate$215.7M
ReportedDue Oct 28, 2026
View details

Debt to equity3.80%
Current ratio448.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$123.6M$149.9M$152.2M$168.3M$179.0M$175.9M$178.5M$210.7M
Net income$8.1M−$1.8M$17.9M$26.9M$22.3M−$5.4M$11.4M$32.2M
Net margin6.5%0.0%11.7%16.0%12.4%0.0%6.4%15.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$11.4M$12.4M$22.1M$26.1M$30.8M$28.8M$24.4M$38.4M
YoY growth−53.3%−24.9%+23.7%+15.2%+169.0%+132.6%+10.3%+47.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $306.1M · Total debt $34.3M · Total assets $1.26B · Shareholders' equity $909.4M

Revenue
$210.7M
Operating income
$38.4M
Net income
$32.2M
View details

Dividend yield
0.12%
Next ex-date
Oct 15, 26
in 23 days
Annual dividend
$0.28
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Dividend$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07
Annual yield0.35%0.40%0.29%0.19%0.14%0.12%0.10%0.11%
Ex-dateJan 15Apr 15Jul 15Oct 15Jan 15Apr 15Jul 15Oct 15
Payment dateJan 31May 1Aug 1Oct 31Jan 30May 1Jul 31Oct 30
View details

Institutions≥ 87.88%12.69M shares
289 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders1.86%268.8K shares
17 holders · as of Sep 15, 2026
Strategic holders5.26%760.1K shares
1 holder · as of May 15, 2026
Other≤ 5.00%720.4K shares
remainder

14.44M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (14.44M in the company's Sep 22, 2026 report, 12.11M elsewhere); stakes use the report.

Institutional filings for BELFA (15% of the company) are not on file here, so the institutional figure is a floor.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.08%1.02M Bas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
7.03%1.02M Bas of Jun 30, 2026
FMR LLCInstitution
6.07%876,104 Bas of Jun 30, 2026
Janus Henderson Group PLCStrategic
5.26%760,141filed May 15, 2026
Jupiter Topco LLCInstitution
4.09%590,030 Bas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 14, 2026Vincent Velluccidirector−1,000$235.15
Sep 2, 2026Vincent Velluccidirector−393$243.61
Aug 12, 2026Peter E. Gilbertdirector−500$292.12
Mar 16, 2026Suzanne Kozlovskyofficer: Global Head of People−214$203.21
Mar 16, 2026Stephen Dawsonofficer: Pres. - Power Solutions−3,444$203.21
View details

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  • Littelfuse

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  • Advanced Energy Industries

    Precision power-conversion peer for datacenter and telecom loads

  • Vicor

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Compare

CompanyPriceChange
Bel Fuse Class B$244.21+0.31%$2.95B60.923.44.0+25.2%
Amphenol$81.70+1.21%$199.05B40.427.86.9+55.0%
TE Connectivity$209.86−0.07%$60.89B20.616.73.2+13.8%
Littelfuse$414.08+1.11%$10.40B22.04.0+20.4%
Eaton$439.81+1.01%$169.08B44.329.25.6+21.4%
Advanced Energy Industries$269.32+2.50%$10.52B49.019.85.2+30.0%
Vicor$254.52+13.67%$10.15B71.853.321.4+49.3%
Median44.324.95.4+25.7%