Geode Capital Management LLC Acquires 25,829 Shares of Belden Inc $BDC

Geode Capital Management LLC grew its holdings in Belden Inc (NYSE:BDC) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,007,189 shares of the industrial products company’s stock after acquiring an additional 25,829 shares during the quarter. Geode Capital Management LLC owned 2.56% of Belden worth $117,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Wesbanco Bank Inc. acquired a new stake in Belden in the fourth quarter valued at $1,166,000. Vanguard Group Inc. lifted its stake in Belden by 1.9% in the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after acquiring an additional 93,274 shares during the last quarter. UBS Group AG lifted its stake in Belden by 15.0% in the fourth quarter. UBS Group AG now owns 213,489 shares of the industrial products company’s stock valued at $24,882,000 after acquiring an additional 27,827 shares during the last quarter. Alps Advisors Inc. acquired a new stake in Belden in the third quarter valued at $788,000. Finally, Pier Capital LLC acquired a new stake in Belden in the fourth quarter valued at $7,473,000. 98.75% of the stock is owned by institutional investors.

Belden Stock Performance

NYSE BDC opened at $106.11 on Friday. The firm has a 50-day moving average of $116.18 and a 200-day moving average of $120.82. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09. The stock has a market cap of $4.13 billion, a PE ratio of 17.86 and a beta of 1.14. Belden Inc has a 52-week low of $101.00 and a 52-week high of $159.99.

Belden (NYSE:BDC) 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. On average, sell-side analysts anticipate that Belden Inc will post 8.22 EPS for the current year.

Belden Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is currently 3.37%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Weiss Ratings cut shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Benchmark increased their price target on shares of Belden from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.50.

Belden 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.