Belden Inc $BDC Stake Lessened by CenterBook Partners LP

CenterBook Partners LP decreased its holdings in shares of Belden Inc (NYSE:BDC) by 42.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,007 shares of the industrial products company’s stock after selling 5,242 shares during the quarter. CenterBook Partners LP’s holdings in Belden were worth $843,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Rothschild Investment LLC boosted its position in Belden by 14.6% during the 3rd quarter. Rothschild Investment LLC now owns 1,828 shares of the industrial products company’s stock worth $220,000 after acquiring an additional 233 shares during the period. Vanguard Group Inc. lifted its position in shares of Belden by 1.9% in the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock worth $588,483,000 after purchasing an additional 93,274 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Belden by 68.0% during the third quarter. Advisors Asset Management Inc. now owns 22,455 shares of the industrial products company’s stock worth $2,701,000 after purchasing an additional 9,090 shares during the period. Smartleaf Asset Management LLC grew its position in Belden by 234.3% during the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 232 shares in the last quarter. Finally, Alps Advisors Inc. acquired a new position in Belden in the 3rd quarter valued at approximately $788,000. 98.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BDC. Wall Street Zen raised shares of Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Weiss Ratings raised Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Benchmark upped their target price on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, Truist Financial raised their price target on Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $148.33.

Insider Buying and Selling

In other news, CAO Doug Zink sold 1,452 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $133.96, for a total value of $194,509.92. Following the completion of the sale, the chief accounting officer directly owned 4,642 shares in the company, valued at approximately $621,842.32. The trade was a 23.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan C. Klein sold 3,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $124.19, for a total transaction of $372,570.00. Following the completion of the transaction, the director owned 8,353 shares in the company, valued at $1,037,359.07. The trade was a 26.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,045 shares of company stock valued at $2,010,690 in the last quarter. Company insiders own 1.48% of the company’s stock.

Belden Stock Up 0.7%

BDC stock opened at $145.68 on Friday. The firm has a market cap of $5.65 billion, a PE ratio of 24.65 and a beta of 1.20. Belden Inc has a 1 year low of $83.18 and a 1 year high of $159.99. The company has a fifty day simple moving average of $124.41 and a 200 day simple moving average of $122.11. The company has a current ratio of 1.93, a quick ratio of 1.36 and a debt-to-equity ratio of 1.02.

Belden (NYSE:BDC) last announced its quarterly earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.15. The company had revenue of $720.12 million during the quarter, compared to analysts’ expectations of $696.97 million. Belden had a return on equity of 24.43% and a net margin of 8.75%.The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 earnings per share. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. Sell-side analysts anticipate that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Company Profile

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.