Livforsakringsbolaget Skandia Omsesidigt Makes New Investment in Belden Inc $BDC

Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Belden Inc (NYSE:BDC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,600 shares of the industrial products company’s stock, valued at approximately $2,285,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Arizona State Retirement System boosted its stake in Belden by 0.7% in the 3rd quarter. Arizona State Retirement System now owns 11,688 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 86 shares during the period. Crossmark Global Holdings Inc. boosted its stake in Belden by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after purchasing an additional 100 shares during the period. PNC Financial Services Group Inc. boosted its stake in Belden by 12.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,025 shares of the industrial products company’s stock worth $119,000 after purchasing an additional 116 shares during the period. Captrust Financial Advisors boosted its stake in Belden by 3.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after purchasing an additional 142 shares during the period. Finally, Vise Technologies Inc. boosted its stake in Belden by 2.1% in the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after purchasing an additional 144 shares during the period. 98.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on BDC. Benchmark upped their price target on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Weiss Ratings downgraded Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $162.50.

Belden Stock Up 0.0%

NYSE BDC opened at $110.63 on Friday. 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 company has a market capitalization of $4.31 billion, a P/E ratio of 18.62 and a beta of 1.14. Belden Inc has a one year low of $101.00 and a one year high of $159.99. The stock has a 50 day moving average price of $116.44 and a 200-day moving average price of $120.92.

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

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th will be 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 is Tuesday, June 16th. Belden’s dividend payout ratio is currently 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.