Belden (NYSE:BDC) Stock Rating Upgraded by Wall Street Zen

Belden (NYSE:BDC) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

BDC has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Belden in a research report on Wednesday, October 8th. Truist Financial boosted their target price on Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $140.00.

Belden Trading Down 4.5%

NYSE BDC opened at $116.14 on Friday. Belden has a 52 week low of $83.18 and a 52 week high of $133.77. The firm has a 50 day moving average of $116.63 and a two-hundred day moving average of $120.93. The company has a quick ratio of 1.37, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $4.56 billion, a PE ratio of 20.63 and a beta of 1.17.

Belden (NYSE:BDC) last released its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.07. The business had revenue of $698.22 million during the quarter, compared to analysts’ expectations of $679.61 million. Belden had a net margin of 8.57% and a return on equity of 23.95%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, research analysts expect that Belden will post 7.07 EPS for the current fiscal year.

Insider Transactions at Belden

In related news, Director Jonathan C. Klein sold 3,000 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $124.19, for a total value of $372,570.00. Following the completion of the sale, the director owned 8,353 shares in the company, valued at $1,037,359.07. This represents a 26.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Doug Zink sold 4,000 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $125.00, for a total transaction of $500,000.00. Following the sale, the chief accounting officer owned 4,642 shares of the company’s stock, valued at approximately $580,250. This represents a 46.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,154 shares of company stock worth $1,371,050 in the last three months. Corporate insiders own 1.48% of the company’s stock.

Institutional Investors Weigh In On Belden

Several hedge funds have recently made changes to their positions in the business. Norges Bank purchased a new position in shares of Belden during the second quarter worth about $55,804,000. SG Capital Management LLC acquired a new stake in Belden during the 2nd quarter worth approximately $18,891,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Belden by 712.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 145,029 shares of the industrial products company’s stock valued at $17,443,000 after purchasing an additional 127,182 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Belden by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after purchasing an additional 93,274 shares during the last quarter. Finally, Channing Capital Management LLC increased its holdings in shares of Belden by 16.2% in the second quarter. Channing Capital Management LLC now owns 625,893 shares of the industrial products company’s stock valued at $72,478,000 after purchasing an additional 87,400 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Belden Company Profile

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.