CSM Advisors LLC Acquires New Stake in Belden Inc $BDC

CSM Advisors LLC bought a new stake in Belden Inc (NYSE:BDC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 52,774 shares of the industrial products company’s stock, valued at approximately $6,110,000. CSM Advisors LLC owned 0.13% of Belden as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Polen Capital Management LLC raised its stake in shares of Belden by 26.8% in the first quarter. Polen Capital Management LLC now owns 30,665 shares of the industrial products company’s stock worth $3,074,000 after buying an additional 6,483 shares during the period. Citigroup Inc. raised its stake in Belden by 74.0% during the 1st quarter. Citigroup Inc. now owns 68,015 shares of the industrial products company’s stock worth $6,819,000 after acquiring an additional 28,936 shares during the period. Principal Financial Group Inc. lifted its holdings in Belden by 0.6% during the first quarter. Principal Financial Group Inc. now owns 108,615 shares of the industrial products company’s stock valued at $10,889,000 after purchasing an additional 648 shares in the last quarter. Summit Financial LLC purchased a new position in Belden during the first quarter valued at approximately $231,000. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Belden by 2.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,071,846 shares of the industrial products company’s stock worth $126,328,000 after purchasing an additional 28,336 shares during the period. 98.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BDC. Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a research report on Wednesday, October 8th. Benchmark raised their price target on Belden from $130.00 to $145.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Wall Street Zen lowered Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 3rd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $136.67.

Belden Stock Down 0.1%

BDC opened at $119.67 on Monday. The company has a market capitalization of $4.70 billion, a PE ratio of 21.68 and a beta of 1.26. The firm has a 50-day simple moving average of $121.89 and a two-hundred day simple moving average of $118.34. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. Belden Inc has a 52 week low of $83.18 and a 52 week high of $133.77.

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

Belden Announces Dividend

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

Belden Profile

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.