Belden Inc $BDC Holdings Raised by Boston Partners

Boston Partners raised its stake in shares of Belden Inc (NYSE:BDC) by 2.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 234,071 shares of the industrial products company’s stock after purchasing an additional 4,750 shares during the period. Boston Partners’ holdings in Belden were worth $27,239,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Polen Capital Management LLC raised its holdings in shares of Belden by 26.8% during the first quarter. Polen Capital Management LLC now owns 30,665 shares of the industrial products company’s stock worth $3,074,000 after acquiring an additional 6,483 shares in the last quarter. Citigroup Inc. increased its position in Belden by 74.0% in the 1st quarter. Citigroup Inc. now owns 68,015 shares of the industrial products company’s stock worth $6,819,000 after purchasing an additional 28,936 shares during the last quarter. Summit Financial LLC purchased a new stake in shares of Belden during the 1st quarter worth about $231,000. Allspring Global Investments Holdings LLC raised its stake in shares of Belden by 2.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,071,846 shares of the industrial products company’s stock worth $126,328,000 after purchasing an additional 28,336 shares in the last quarter. Finally, Entropy Technologies LP lifted its holdings in shares of Belden by 108.1% during the 1st quarter. Entropy Technologies LP now owns 4,995 shares of the industrial products company’s stock valued at $501,000 after buying an additional 2,595 shares during the last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BDC has been the topic of a number of research reports. Benchmark increased their price objective on Belden from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Belden currently has an average rating of “Moderate Buy” and an average target price of $136.67.

Belden Stock Up 0.0%

Belden stock opened at $115.77 on Thursday. 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 fifty-two week low of $83.18 and a fifty-two week high of $133.77. The firm has a fifty day moving average price of $121.21 and a two-hundred day moving average price of $118.54. The firm has a market cap of $4.55 billion, a price-to-earnings ratio of 20.97 and a beta of 1.26.

Belden (NYSE:BDC) last posted its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 EPS for the quarter, topping 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 business had revenue of $698.22 million for the quarter, compared to analyst estimates of $679.61 million. During the same period in the previous year, the company posted $1.70 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, analysts forecast that Belden Inc will post 7.07 earnings per share for the current year.

Belden Dividend Announcement

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

Belden 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.