Belden Inc (NYSE:BDC) Receives Consensus Rating of “Buy” from Brokerages

Shares of Belden Inc (NYSE:BDC) have been given a consensus rating of “Buy” by the six research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $158.75.

A number of research firms recently weighed in on BDC. Truist Financial increased their price objective on shares of Belden from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Fox Advisors upgraded Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Weiss Ratings raised Belden from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. DA Davidson began coverage on Belden in a research note on Tuesday, June 16th. They set a “buy” rating and a $155.00 price target for the company. Finally, Wall Street Zen cut Belden from a “buy” rating to a “hold” rating in a report on Sunday, July 12th.

Belden Stock Down 0.5%

Shares of BDC opened at $101.01 on Friday. 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 stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 17.01 and a beta of 1.12. Belden has a 1 year low of $99.55 and a 1 year high of $159.99. The business’s 50 day simple moving average is $110.82 and its 200-day simple moving average is $120.15.

Belden (NYSE:BDC) last posted its earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.07. Belden had a net margin of 8.49% and a return on equity of 24.47%. The firm had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. During the same period last year, the firm posted $1.60 earnings per share. Belden’s revenue for the quarter was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities analysts expect that Belden will post 8.22 earnings per share for the current fiscal year.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Belden’s payout ratio is 3.37%.

Hedge Funds Weigh In On Belden

A number of large investors have recently bought and sold shares of BDC. Price T Rowe Associates Inc. MD boosted its holdings in shares of Belden by 25.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,225,244 shares of the industrial products company’s stock valued at $375,903,000 after buying an additional 663,241 shares in the last quarter. Wellington Management Group LLP lifted its position in Belden by 15.0% during the fourth quarter. Wellington Management Group LLP now owns 1,685,750 shares of the industrial products company’s stock valued at $196,474,000 after acquiring an additional 219,695 shares during the last quarter. Invesco Ltd. boosted its stake in Belden by 4.0% in the third quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock valued at $122,152,000 after acquiring an additional 39,096 shares in the last quarter. Geode Capital Management LLC boosted its stake in Belden by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 1,007,189 shares of the industrial products company’s stock valued at $117,405,000 after acquiring an additional 25,829 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Belden by 6.4% in the fourth quarter. Victory Capital Management Inc. now owns 514,968 shares of the industrial products company’s stock worth $60,020,000 after purchasing an additional 31,167 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

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.