Hsbc Holdings PLC Invests $1.66 Million in Belden Inc $BDC

Hsbc Holdings PLC acquired a new stake in shares of Belden Inc (NYSE:BDC) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 14,206 shares of the industrial products company’s stock, valued at approximately $1,659,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its holdings in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Belden by 134.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 165 shares during the last quarter. Fairscale Capital LLC purchased a new stake in Belden in the fourth quarter worth $51,000. Smartleaf Asset Management LLC lifted its position in shares of Belden by 32.0% in 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 during the period. Finally, Torren Management LLC bought a new stake in Belden during the 4th quarter valued at approximately $62,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. DA Davidson started coverage on shares of Belden in a report on Tuesday, June 16th. They set a “buy” rating and a $155.00 target price on the stock. Weiss Ratings cut Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Finally, Citigroup assumed coverage on shares of Belden in a research note on Friday. They set a “buy” rating and a $150.00 target price for the company. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $157.50.

Belden Stock Performance

Shares of NYSE BDC opened at $119.94 on Wednesday. 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 firm has a fifty day moving average price of $114.84 and a 200-day moving average price of $121.10. The stock has a market cap of $4.67 billion, a PE ratio of 20.19 and a beta of 1.14. Belden Inc has a 1 year low of $101.00 and a 1 year high of $159.99.

Belden (NYSE:BDC) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The firm had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. During the same quarter in the prior year, the company posted $1.60 earnings per share. The business’s quarterly 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. Equities analysts anticipate that Belden Inc will post 8.11 earnings per share for the current fiscal year.

Belden Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Tuesday, June 16th will be given a $0.05 dividend. 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 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.