Belden Inc $BDC Holdings Raised by Gabelli Funds LLC

Gabelli Funds LLC raised its position in Belden Inc (NYSE:BDCFree Report) by 389.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,592 shares of the industrial products company’s stock after purchasing an additional 15,592 shares during the quarter. Gabelli Funds LLC’s holdings in Belden were worth $2,283,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased 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 acquiring an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of 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 acquiring an additional 165 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Belden by 234.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 232 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Belden by 152.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 276 shares during the last quarter. Finally, Torren Management LLC acquired a new position in shares of Belden during the 4th quarter valued at about $62,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Weiss Ratings lowered Belden from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Benchmark increased their price objective on Belden from $145.00 to $175.00 and gave the company a “buy” rating in a report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $162.50.

Read Our Latest Stock Analysis on BDC

Belden Price Performance

Shares of BDC stock opened at $105.73 on Friday. The stock has a 50 day moving average of $117.88 and a two-hundred day moving average of $121.49. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98. Belden Inc has a 12 month low of $101.00 and a 12 month high of $159.99. The company has a market capitalization of $4.12 billion, a P/E ratio of 17.80 and a beta of 1.18.

Belden (NYSE:BDCGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.77 EPS 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 company had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. During the same quarter last year, the company earned $1.60 EPS. The company’s quarterly revenue was up 11.4% on a year-over-year basis. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities analysts expect that Belden Inc will post 8.22 EPS for the current year.

Belden Dividend Announcement

The business 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 dividend of $0.05 per share. 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

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Belden (NYSE:BDC)

Receive News & Ratings for Belden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belden and related companies with MarketBeat.com's FREE daily email newsletter.