Hennion & Walsh Asset Management Inc. Lowers Holdings in Belden Inc $BDC

Hennion & Walsh Asset Management Inc. lowered its holdings in shares of Belden Inc (NYSE:BDC) by 18.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,305 shares of the industrial products company’s stock after selling 5,673 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.06% of Belden worth $2,833,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Belden in the 2nd quarter worth approximately $55,804,000. Arrowstreet Capital Limited Partnership raised its position in shares of Belden by 712.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 145,029 shares of the industrial products company’s stock valued at $17,443,000 after buying an additional 127,182 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Belden by 1.9% during the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after buying an additional 93,274 shares during the last quarter. Channing Capital Management LLC lifted 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 worth $72,478,000 after buying an additional 87,400 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Belden by 64.9% in the third quarter. UBS Group AG now owns 185,662 shares of the industrial products company’s stock worth $22,330,000 after buying an additional 73,061 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

BDC has been the subject of several research analyst reports. Weiss Ratings raised shares of Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Benchmark increased their price objective on shares of Belden from $145.00 to $175.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Truist Financial raised their price objective on Belden from $149.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Belden has a consensus rating of “Buy” and a consensus price target of $148.33.

Belden Stock Up 3.6%

NYSE BDC opened at $114.81 on Wednesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.36 and a current ratio of 1.93. The company has a market capitalization of $4.45 billion, a P/E ratio of 19.43 and a beta of 1.18. Belden Inc has a one year low of $83.18 and a one year high of $159.99. The stock has a 50 day moving average price of $128.64 and a 200-day moving average price of $121.78.

Belden (NYSE:BDC) last announced its quarterly earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.15. The company had revenue of $720.12 million for the quarter, compared to analysts’ expectations of $696.97 million. Belden had a net margin of 8.75% and a return on equity of 24.43%. Belden’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.92 earnings per share. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. As a group, equities analysts predict that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 12th will be issued a $0.05 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden’s payout ratio is 3.38%.

Insider Activity

In related news, CAO Doug Zink sold 1,452 shares of Belden stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $133.96, for a total value of $194,509.92. Following the completion of the transaction, the chief accounting officer owned 4,642 shares in the company, valued at approximately $621,842.32. This trade represents a 23.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Leah Tate sold 2,954 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total value of $384,020.00. Following the sale, the senior vice president directly owned 24,881 shares in the company, valued at $3,234,530. The trade was a 10.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,891 shares of company stock worth $639,640 over the last 90 days. Corporate insiders own 1.48% of the company’s stock.

Belden 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.