Vise Technologies Inc. Buys Shares of 6,914 Belden Inc $BDC

Vise Technologies Inc. purchased a new position in shares of Belden Inc (NYSE:BDCFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,914 shares of the industrial products company’s stock, valued at approximately $801,000.

Other large investors have also bought and sold shares of the company. Maseco LLP bought a new position in Belden in the second quarter valued at about $25,000. Banque Cantonale Vaudoise acquired a new position in Belden during the 1st quarter worth approximately $47,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Belden in the 2nd quarter valued at approximately $58,000. UMB Bank n.a. increased its holdings in shares of Belden by 195.2% during the second quarter. UMB Bank n.a. now owns 552 shares of the industrial products company’s stock worth $64,000 after buying an additional 365 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Belden by 30.9% in the 2nd quarter. GAMMA Investing LLC now owns 584 shares of the industrial products company’s stock valued at $68,000 after acquiring an additional 138 shares during the last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on BDC. Benchmark lifted their price target on Belden from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Wall Street Zen downgraded Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Three 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $136.67.

Get Our Latest Stock Analysis on BDC

Belden Stock Down 3.4%

Shares of NYSE:BDC opened at $111.93 on Friday. Belden Inc has a 12-month low of $83.18 and a 12-month high of $133.77. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 20.28 and a beta of 1.26. The business’s 50 day moving average is $120.86 and its 200 day moving average is $118.50.

Belden (NYSE:BDCGet Free Report) last announced its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The firm had revenue of $698.22 million during the quarter, compared to the consensus estimate of $679.61 million. Belden had a return on equity of 23.29% and a net margin of 8.60%.The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, sell-side analysts forecast that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

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

Belden Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Belden (NYSE:BDC)

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