Kennedy Capital Management LLC boosted its stake in Belden Inc (NYSE:BDC – Free Report) by 19.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,835 shares of the industrial products company’s stock after purchasing an additional 21,594 shares during the quarter. Kennedy Capital Management LLC owned about 0.33% of Belden worth $15,132,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of BDC. Millennium Management LLC raised its stake in Belden by 9.6% in the first quarter. Millennium Management LLC now owns 78,865 shares of the industrial products company’s stock valued at $7,906,000 after purchasing an additional 6,894 shares in the last quarter. United Services Automobile Association bought a new position in shares of Belden in the first quarter worth about $264,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Belden by 8.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,807 shares of the industrial products company’s stock worth $13,214,000 after acquiring an additional 10,077 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Belden by 18.3% in the 1st quarter. Jane Street Group LLC now owns 58,028 shares of the industrial products company’s stock valued at $5,817,000 after purchasing an additional 8,961 shares in the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Belden by 273.7% during the 1st quarter. Acadian Asset Management LLC now owns 3,984 shares of the industrial products company’s stock valued at $399,000 after purchasing an additional 2,918 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.
Analyst Ratings Changes
Separately, Weiss Ratings lowered shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Belden presently has an average rating of “Moderate Buy” and an average price target of $162.50.
Belden Stock Performance
Belden stock opened at $115.17 on Monday. The business has a 50 day moving average of $115.83 and a 200-day moving average of $120.94. Belden Inc has a 1 year low of $101.00 and a 1 year high of $159.99. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40. The company has a market capitalization of $4.48 billion, a P/E ratio of 19.39 and a beta of 1.15.
Belden (NYSE:BDC – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The company had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. During the same quarter in the prior year, the firm posted $1.60 earnings per share. The firm’s revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, equities research analysts predict that Belden Inc will post 8.22 earnings per share for the current year.
Belden Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Belden’s dividend payout ratio is currently 3.37%.
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.
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