7,394 Shares in Belden Inc $BDC Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new position in shares of Belden Inc (NYSE:BDC) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,394 shares of the industrial products company’s stock, valued at approximately $856,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BDC. Principal Financial Group Inc. lifted its holdings in Belden by 0.6% in the 1st 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. Xponance Inc. boosted its stake in Belden by 1.7% during the first quarter. Xponance Inc. now owns 5,839 shares of the industrial products company’s stock worth $585,000 after buying an additional 99 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in Belden by 0.9% in the 1st quarter. Louisiana State Employees Retirement System now owns 11,300 shares of the industrial products company’s stock valued at $1,133,000 after buying an additional 100 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Belden during the first quarter worth about $151,000. Finally, Victory Capital Management Inc. boosted its holdings in Belden by 13.5% in the 1st quarter. Victory Capital Management Inc. now owns 439,452 shares of the industrial products company’s stock valued at $44,055,000 after purchasing an additional 52,400 shares during the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Benchmark upped 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Belden in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Belden from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 3rd. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $136.67.

Belden Trading Down 0.1%

Shares of BDC opened at $119.67 on Monday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.35. Belden Inc has a 1-year low of $83.18 and a 1-year high of $133.77. The stock has a market cap of $4.70 billion, a price-to-earnings ratio of 21.68 and a beta of 1.26. The firm has a 50 day simple moving average of $121.89 and a 200-day simple moving average of $118.34.

Belden (NYSE:BDC) last announced its earnings results on Thursday, October 30th. The industrial products company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the firm earned $1.70 EPS. Belden’s quarterly revenue was up 6.6% on a year-over-year basis. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. Equities analysts forecast that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Announces Dividend

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

Belden Company 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.