Gabelli Funds LLC Has $2.28 Million Stock Position in Belden Inc $BDC

Gabelli Funds LLC grew its position in Belden Inc (NYSE:BDC) by 389.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,592 shares of the industrial products company’s stock after purchasing an additional 15,592 shares during the period. Gabelli Funds LLC’s holdings in Belden were worth $2,283,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BDC. Caitong International Asset Management Co. Ltd grew its stake in shares of Belden by 12,950.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 259 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Belden by 134.1% during the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 165 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Belden by 234.3% during the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 232 shares during the period. Hantz Financial Services Inc. grew its stake in shares of Belden by 152.5% during the third quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 276 shares during the period. Finally, Torren Management LLC acquired a new stake in shares of Belden during the fourth quarter worth $62,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Belden Stock Performance

BDC opened at $105.73 on Friday. Belden Inc has a 52-week low of $101.00 and a 52-week high of $159.99. The firm has a market capitalization of $4.12 billion, a PE ratio of 17.80 and a beta of 1.18. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09. The business’s 50-day simple moving average is $117.88 and its 200 day simple moving average is $121.49.

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

Belden Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s dividend payout ratio is presently 3.37%.

Analyst Ratings Changes

A number of brokerages recently commented on BDC. Weiss Ratings cut Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Benchmark lifted their target price on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Belden has an average rating of “Moderate Buy” and an average price target of $162.50.

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.