Brokerages Set Belden Inc (NYSE:BDC) PT at $160.00

Shares of Belden Inc (NYSE:BDC) have received an average rating of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $160.00.

A number of equities analysts have commented on the stock. Weiss Ratings lowered shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. DA Davidson assumed coverage on shares of Belden in a report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 price objective on the stock.

Belden Stock Down 1.3%

Shares of Belden stock opened at $121.61 on Tuesday. The company has a fifty day moving average price of $116.00 and a 200 day moving average price of $121.23. 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 has a twelve month low of $101.00 and a twelve month high of $159.99. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 20.47 and a beta of 1.15.

Belden (NYSE:BDC) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. Belden had a net margin of 8.49% and a return on equity of 24.47%. The firm had revenue of $696.38 million during the quarter, compared to analysts’ expectations of $677.03 million. During the same period in the prior year, the company earned $1.60 EPS. The firm’s revenue was up 11.4% on a year-over-year basis. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Equities research analysts forecast that Belden will post 8.11 earnings per share for the current fiscal year.

Belden Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 16th. Belden’s dividend payout ratio is 3.37%.

Institutional Investors Weigh In On Belden

Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Belden by 12,950.0% in 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 purchasing an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 165 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Belden by 234.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 232 shares in the last quarter. Fairscale Capital LLC acquired a new stake in Belden during the fourth quarter worth about $51,000. Finally, Clearstead Advisors LLC raised its stake in Belden by 208.1% during the fourth quarter. Clearstead Advisors LLC now owns 530 shares of the industrial products company’s stock worth $62,000 after acquiring an additional 358 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

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 high‐performance, reliable products for harsh environments.