Leeward Investments LLC MA increased its stake in Belden Inc (NYSE:BDC – Free Report) by 54.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,453 shares of the industrial products company’s stock after purchasing an additional 46,026 shares during the period. Leeward Investments LLC MA owned 0.33% of Belden worth $15,204,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Belden in the 4th quarter worth approximately $280,000. Wesbanco Bank Inc. bought a new position in Belden in the 4th quarter worth approximately $1,166,000. Pier Capital LLC bought a new position in Belden in the 4th quarter worth approximately $7,473,000. Sequoia Financial Advisors LLC bought a new position in Belden in the 4th quarter worth approximately $275,000. Finally, Strs Ohio raised its position in Belden by 4.1% in the 4th quarter. Strs Ohio now owns 43,000 shares of the industrial products company’s stock worth $5,012,000 after purchasing an additional 1,700 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. 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 report on Friday, February 13th. Finally, Weiss Ratings cut shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.50.
Belden Stock Performance
Shares of Belden stock opened at $109.93 on Friday. The firm has a fifty day moving average of $120.57 and a two-hundred day moving average of $122.14. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 18.51 and a beta of 1.18. Belden Inc has a 52 week low of $103.57 and a 52 week high of $159.99. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09.
Belden (NYSE:BDC – Get Free Report) last issued its earnings results on Thursday, April 30th. The industrial products company reported $1.77 EPS for the quarter, beating the consensus estimate of $1.70 by $0.07. The company had revenue of $696.38 million during the quarter, compared to analysts’ expectations of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities research analysts predict that Belden Inc will post 8.22 EPS for the current year.
Belden Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 12th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden’s payout ratio is presently 3.37%.
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.
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