Vanguard Group Inc. decreased its holdings in Belden Inc (NYSE:BDC – Free Report) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,834,752 shares of the industrial products company’s stock after selling 58,260 shares during the period. Vanguard Group Inc. owned about 0.12% of Belden worth $563,490,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of BDC. Caitong International Asset Management Co. Ltd raised its stake in Belden by 12,950.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after buying an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after buying an additional 165 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Belden by 234.3% in the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after buying an additional 232 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Belden by 152.5% in the third quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after buying an additional 276 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in Belden by 40.7% in the second quarter. Osaic Holdings Inc. now owns 581 shares of the industrial products company’s stock worth $67,000 after buying an additional 168 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.
Insiders Place Their Bets
In other Belden news, CAO Doug Zink sold 1,452 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $133.96, for a total value of $194,509.92. Following the sale, the chief accounting officer directly owned 4,642 shares of the company’s stock, valued at approximately $621,842.32. This represents a 23.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Leah Tate sold 2,954 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $130.00, for a total transaction of $384,020.00. Following the completion of the sale, the senior vice president directly owned 24,881 shares in the company, valued at approximately $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 4,891 shares of company stock worth $639,640 over the last three months. Corporate insiders own 1.05% of the company’s stock.
Belden Price Performance
Belden (NYSE:BDC – Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $696.38 million for the quarter, compared to analyst estimates of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.60 earnings per share. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, equities research analysts predict that Belden Inc will post 8.22 EPS for the current year.
Belden Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 12th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was 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 3.37%.
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. Weiss Ratings downgraded shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Wall Street Zen raised shares of Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Finally, Benchmark boosted their price objective on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $162.50.
View Our Latest Analysis on BDC
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 highâperformance, reliable products for harsh environments.
Read More
Want to see what other hedge funds are holding BDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Belden Inc (NYSE:BDC – Free Report).
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.
