Belden (NYSE:BDC) Sets New 52-Week High After Strong Earnings

Belden Inc (NYSE:BDC)’s stock price hit a new 52-week high during trading on Thursday following a better than expected earnings announcement. The company traded as high as $145.55 and last traded at $142.7740, with a volume of 452912 shares trading hands. The stock had previously closed at $141.91.

The industrial products company reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.15. Belden had a net margin of 8.57% and a return on equity of 23.95%. The firm had revenue of $720.12 million for the quarter, compared to analysts’ expectations of $696.97 million. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS.

Belden Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, December 11th. Belden’s dividend payout ratio is 3.55%.

Wall Street Analysts Forecast Growth

BDC has been the subject of several analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Belden in a research report on Wednesday, January 21st. Wall Street Zen raised Belden from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Finally, Truist Financial raised their price objective on shares of Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $138.33.

Insider Buying and Selling at Belden

In other Belden news, SVP Hiran Bhadra sold 1,600 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $120.00, for a total transaction of $192,000.00. Following the completion of the sale, the senior vice president directly owned 26,119 shares of the company’s stock, valued at approximately $3,134,280. This trade represents a 5.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan C. Klein sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $124.19, for a total value of $372,570.00. Following the completion of the transaction, the director directly owned 8,353 shares in the company, valued at approximately $1,037,359.07. The trade was a 26.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,045 shares of company stock valued at $2,010,690 over the last ninety days. 1.48% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Belden

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new position in Belden in the fourth quarter worth $57,296,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Belden by 238,774.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 422,808 shares of the industrial products company’s stock valued at $49,278,000 after purchasing an additional 422,631 shares in the last quarter. Fisher Asset Management LLC purchased a new position in shares of Belden in the 4th quarter valued at about $43,097,000. SG Capital Management LLC acquired a new stake in shares of Belden in the second quarter valued at about $18,891,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Belden by 712.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 145,029 shares of the industrial products company’s stock worth $17,443,000 after buying an additional 127,182 shares in the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Belden Stock Up 0.6%

The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.37. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 25.36 and a beta of 1.20. The firm’s 50-day simple moving average is $120.97 and its two-hundred day simple moving average is $120.97.

About Belden

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.