CenterBook Partners LP Increases Stake in Belden Inc $BDC

CenterBook Partners LP increased its holdings in Belden Inc (NYSE:BDC) by 100.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,030 shares of the industrial products company’s stock after purchasing an additional 7,023 shares during the period. CenterBook Partners LP’s holdings in Belden were worth $1,635,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in BDC. Norges Bank purchased a new stake in shares of Belden in the 4th quarter valued at $57,296,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Belden by 238,774.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 422,808 shares of the industrial products company’s stock valued at $49,278,000 after purchasing an additional 422,631 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Belden in the 4th quarter valued at $43,097,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Belden by 712.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 145,029 shares of the industrial products company’s stock valued at $17,443,000 after purchasing an additional 127,182 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Belden by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after purchasing an additional 93,274 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Belden Trading Up 1.8%

Shares of BDC opened at $110.15 on Wednesday. The stock has a market capitalization of $4.29 billion, a P/E ratio of 18.54 and a beta of 1.14. The company has a quick ratio of 1.40, a current ratio of 2.09 and a debt-to-equity ratio of 0.98. The firm has a fifty day simple moving average of $116.01 and a two-hundred day simple moving average of $120.91. Belden Inc has a twelve month low of $101.00 and a twelve month high of $159.99.

Belden (NYSE:BDC) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.07. The business 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%. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, research analysts anticipate that Belden Inc will post 8.22 EPS for the current year.

Belden Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s dividend payout ratio is 3.37%.

Wall Street Analyst Weigh In

BDC has been the subject of a number of research reports. 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 report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Belden has an average rating of “Moderate Buy” and a consensus price target of $162.50.

About Belden

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.