Brokerages Set Belden Inc (NYSE:BDC) Target Price at $160.00

Belden Inc (NYSE:BDC) has received a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $160.00.

Several research firms have recently weighed in on BDC. DA Davidson began coverage on Belden in a research report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price on the stock. Weiss Ratings downgraded Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday.

Hedge Funds Weigh In On Belden

Several hedge funds and other institutional investors have recently made changes to their positions in BDC. Crossmark Global Holdings Inc. boosted its stake in shares of Belden by 4.6% during the third quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock valued at $275,000 after acquiring an additional 100 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Belden by 10.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock worth $129,000 after purchasing an additional 102 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Belden by 32.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 106 shares in the last quarter. Captrust Financial Advisors increased its position in Belden by 3.8% during the 2nd quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after purchasing an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. increased its position in Belden by 2.1% during the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Belden Stock Performance

NYSE BDC opened at $123.46 on Tuesday. The company has a market cap of $4.81 billion, a PE ratio of 20.79 and a beta of 1.14. The stock’s 50 day simple moving average is $116.13 and its 200-day simple moving average is $121.11. Belden 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.

Belden (NYSE:BDC) last released its 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 for the quarter, compared to the consensus estimate of $677.03 million. Belden had a return on equity of 24.47% and a net margin of 8.49%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.60 earnings per share. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities research analysts anticipate that Belden will post 8.11 EPS for the current fiscal year.

Belden Announces Dividend

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