Principal Financial Group Inc. Has $13.18 Million Stock Position in Belden Inc $BDC

Posted by Geri Gentry on Jul 25th, 2026

Principal Financial Group Inc. raised its holdings in shares of Belden Inc (NYSE:BDC – Free Report) by 33.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 114,795 shares of the industrial products company’s stock after buying an additional 29,045 shares during the period. Principal Financial Group Inc.’s holdings in Belden were worth $13,182,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its holdings in Belden by 25.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,225,244 shares of the industrial products company’s stock worth $375,903,000 after purchasing an additional 663,241 shares during the last quarter. Wellington Management Group LLP increased its stake in Belden by 15.0% in the 4th quarter. Wellington Management Group LLP now owns 1,685,750 shares of the industrial products company’s stock valued at $196,474,000 after buying an additional 219,695 shares during the last quarter. Invesco Ltd. increased its stake in Belden by 4.0% in the 3rd quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock valued at $122,152,000 after buying an additional 39,096 shares during the last quarter. Geode Capital Management LLC lifted its position in Belden by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 1,007,189 shares of the industrial products company’s stock worth $117,405,000 after buying an additional 25,829 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in Belden by 6.4% during the 4th quarter. Victory Capital Management Inc. now owns 514,968 shares of the industrial products company’s stock worth $60,020,000 after buying an additional 31,167 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Belden Price Performance

NYSE:BDC opened at $102.84 on Friday. Belden Inc has a one year low of $98.00 and a one year high of $159.99. The company has a market cap of $4.00 billion, a P/E ratio of 17.31 and a beta of 1.12. The firm’s fifty day moving average price is $109.94 and its two-hundred day moving average price is $119.51. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40.

Belden (NYSE:BDC – Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. The company had revenue of $696.38 million during the quarter, compared to analysts’ expectations of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. Belden’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Equities analysts expect that Belden Inc will post 8.22 earnings per share for the current year.

Belden Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s dividend payout ratio (DPR) is 3.37%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on BDC shares. DA Davidson initiated coverage on Belden in a report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 price objective for the company. Wall Street Zen upgraded Belden from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Fox Advisors raised Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Weiss Ratings upgraded Belden from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 14th. Finally, Citigroup initiated coverage on Belden in a research report on Friday, June 26th. They set a “buy” rating and a $150.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Belden currently has an average rating of “Buy” and an average target price of $158.75.

Check Out Our Latest Report on BDC

About Belden

(Free Report)

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.