Belden Inc $BDC Shares Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. increased its position in shares of Belden Inc (NYSE:BDCFree Report) by 140.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,800 shares of the industrial products company’s stock after acquiring an additional 8,049 shares during the period. Edgestream Partners L.P.’s holdings in Belden were worth $1,585,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its stake in shares of Belden by 12,950.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 259 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Belden by 134.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after buying an additional 165 shares in the last quarter. Fairscale Capital LLC purchased a new position in Belden in the 4th quarter valued at approximately $51,000. Smartleaf Asset Management LLC grew its stake in shares of Belden by 32.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 106 shares in the last quarter. Finally, Torren Management LLC acquired a new position in shares of Belden in the fourth quarter worth $62,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on BDC shares. Truist Financial reiterated a “buy” rating and issued a $145.00 target price (down from $155.00) on shares of Belden in a report on Friday. Citigroup began coverage on Belden in a research report on Friday, June 26th. They issued a “buy” rating and a $150.00 price target on the stock. DA Davidson assumed coverage on Belden in a research report on Tuesday, June 16th. They set a “buy” rating and a $155.00 price objective for the company. Wall Street Zen upgraded shares of Belden from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $156.25.

View Our Latest Research Report on BDC

Belden Price Performance

Shares of NYSE BDC opened at $123.27 on Tuesday. The stock’s 50-day simple moving average is $110.93 and its 200-day simple moving average is $119.40. The firm has a market capitalization of $4.80 billion, a PE ratio of 20.04 and a beta of 1.12. Belden Inc has a fifty-two week low of $98.00 and a fifty-two week high of $159.99. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.49 and a current ratio of 2.14.

Belden (NYSE:BDCGet Free Report) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.32. The firm had revenue of $750.16 million during the quarter, compared to the consensus estimate of $746.75 million. Belden had a return on equity of 25.00% and a net margin of 8.52%.The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.89 earnings per share. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. As a group, equities research analysts forecast that Belden Inc will post 8.22 EPS for the current fiscal year.

Belden Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th were issued a $0.05 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden’s dividend payout ratio is presently 3.25%.

Belden Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Belden (NYSE:BDC)

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