Fisher Asset Management LLC Makes New Investment in Belden Inc $BDC

Fisher Asset Management LLC purchased a new position in shares of Belden Inc (NYSE:BDC) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 369,776 shares of the industrial products company’s stock, valued at approximately $43,097,000.

A number of other large investors also recently bought and sold shares of the stock. Arizona State Retirement System increased its position in shares of Belden by 0.7% in the third quarter. Arizona State Retirement System now owns 11,688 shares of the industrial products company’s stock worth $1,406,000 after acquiring an additional 86 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Belden by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after acquiring an additional 100 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Belden by 12.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,025 shares of the industrial products company’s stock worth $119,000 after acquiring an additional 116 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Belden by 3.8% in the second quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after acquiring an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. increased its position in shares of Belden by 2.1% in the third quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after acquiring an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Benchmark increased their price objective on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $162.50.

Belden Price Performance

BDC opened at $108.94 on Wednesday. The company has a fifty day simple moving average of $117.55 and a 200 day simple moving average of $121.35. The firm has a market cap of $4.24 billion, a price-to-earnings ratio of 18.34 and a beta of 1.18. Belden Inc has a twelve month low of $101.00 and a twelve month high of $159.99. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98.

Belden (NYSE:BDC) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.07. The business had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The business’s revenue was up 11.4% on a year-over-year basis. During the same period last year, the business earned $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Equities research analysts expect that Belden Inc will post 8.22 EPS for the current fiscal year.

Belden Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Tuesday, June 16th will be issued 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 of this dividend is Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is presently 3.37%.

Belden 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.