Ceredex Value Advisors LLC Sells 12,175 Shares of Belden Inc $BDC

Ceredex Value Advisors LLC decreased its stake in shares of Belden Inc (NYSE:BDC) by 9.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,475 shares of the industrial products company’s stock after selling 12,175 shares during the period. Ceredex Value Advisors LLC owned approximately 0.28% of Belden worth $13,407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Belden by 1.9% during the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock worth $588,483,000 after purchasing an additional 93,274 shares during the last quarter. Channing Capital Management LLC lifted its position in Belden by 16.2% during the 2nd quarter. Channing Capital Management LLC now owns 625,893 shares of the industrial products company’s stock worth $72,478,000 after buying an additional 87,400 shares in the last quarter. Norges Bank bought a new stake in Belden during the 2nd quarter worth about $55,804,000. Newport Trust Company LLC boosted its stake in shares of Belden by 1.0% during the 3rd quarter. Newport Trust Company LLC now owns 331,766 shares of the industrial products company’s stock worth $39,901,000 after buying an additional 3,321 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Belden by 28.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 275,726 shares of the industrial products company’s stock valued at $31,929,000 after acquiring an additional 60,445 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on BDC shares. Wall Street Zen raised Belden from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Truist Financial upped their price objective on Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Weiss Ratings raised Belden from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Finally, Benchmark boosted their target price on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $148.33.

Insiders Place Their Bets

In other Belden news, SVP Leah Tate sold 2,954 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $130.00, for a total transaction of $384,020.00. Following the completion of the transaction, the senior vice president directly owned 24,881 shares in the company, valued at $3,234,530. The trade was a 10.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Doug Zink sold 1,452 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $133.96, for a total value of $194,509.92. Following the completion of the sale, the chief accounting officer directly owned 4,642 shares in the company, valued at approximately $621,842.32. This represents a 23.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,891 shares of company stock worth $1,012,210 over the last ninety days. Corporate insiders own 1.48% of the company’s stock.

Belden Stock Up 2.2%

BDC stock opened at $125.66 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.93 and a quick ratio of 1.36. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 21.26 and a beta of 1.18. The business’s fifty day moving average price is $128.97 and its two-hundred day moving average price is $123.34. Belden Inc has a fifty-two week low of $83.18 and a fifty-two week high of $159.99.

Belden (NYSE:BDC) last announced its earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.15. Belden had a net margin of 8.75% and a return on equity of 24.43%. The firm had revenue of $720.12 million for the quarter, compared to analyst estimates of $696.97 million. During the same quarter in the prior year, the business posted $1.92 EPS. The business’s revenue was up 8.1% compared to the same quarter last year. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. On average, equities analysts anticipate that Belden Inc will post 7.07 earnings per share for the current year.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, March 12th. Belden’s dividend payout ratio is presently 3.38%.

Belden Company Profile

Belden, formerly Belden Inc (NYSE:BDC), was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.

Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering high‐performance, reliable products for harsh environments.