Belden Inc (NYSE:BDC) Given Average Rating of “Moderate Buy” by Analysts

Belden Inc (NYSE:BDC) has earned an average recommendation of “Moderate Buy” from the four analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $136.6667.

Several brokerages recently weighed in on BDC. The Goldman Sachs Group reissued a “buy” rating on shares of Belden in a research note on Friday, July 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 3rd. Finally, Benchmark boosted their price objective on shares of Belden from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, August 1st.

Belden Stock Performance

NYSE BDC opened at $117.51 on Tuesday. The firm’s fifty day moving average price is $122.89 and its two-hundred day moving average price is $117.64. The stock has a market cap of $4.66 billion, a PE ratio of 21.29 and a beta of 1.26. Belden has a fifty-two week low of $83.18 and a fifty-two week high of $133.77. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.35 and a current ratio of 1.99.

Belden (NYSE:BDC) last issued its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. Belden had a net margin of 8.60% and a return on equity of 23.29%. The company had revenue of $698.22 million for the quarter, compared to analysts’ expectations of $679.61 million. During the same quarter in the previous year, the firm posted $1.70 earnings per share. Belden’s revenue for the quarter was up 6.6% on a year-over-year basis. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, equities analysts expect that Belden will post 7.07 EPS for the current fiscal year.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were issued a $0.05 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s payout ratio is presently 3.55%.

Hedge Funds Weigh In On Belden

Hedge funds and other institutional investors have recently bought and sold shares of the company. Maseco LLP acquired a new position in Belden in the second quarter valued at $25,000. EverSource Wealth Advisors LLC lifted its holdings in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after buying an additional 165 shares during the period. GAMMA Investing LLC lifted its holdings in Belden by 34.7% in the first quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company’s stock valued at $45,000 after buying an additional 115 shares during the period. Employees Retirement System of Texas acquired a new position in Belden in the second quarter valued at $52,000. Finally, Banque Cantonale Vaudoise acquired a new position in Belden in the first quarter valued at $47,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

About Belden

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.