Belden (NYSE:BDC) Sets New 52-Week Low – Should You Sell?

Belden Inc (NYSE:BDC)’s share price reached a new 52-week low on Monday . The stock traded as low as $100.53 and last traded at $101.1550, with a volume of 302265 shares changing hands. The stock had previously closed at $106.96.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. DA Davidson initiated coverage on Belden in a research report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price for the company. Citigroup initiated coverage on Belden in a research note on Friday, June 26th. They issued a “buy” rating and a $150.00 price target on the stock. Weiss Ratings downgraded Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. Truist Financial raised their price objective on Belden from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Wall Street Zen cut shares of Belden from a “buy” rating to a “hold” rating in a report on Sunday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $158.75.

Belden Stock Down 5.7%

The stock’s 50 day simple moving average is $111.66 and its two-hundred day simple moving average is $120.61. The firm has a market cap of $3.93 billion, a P/E ratio of 16.99 and a beta of 1.12. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40.

Belden (NYSE:BDC) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. The firm had revenue of $696.38 million for the quarter, compared to analysts’ expectations of $677.03 million. Belden had a return on equity of 24.47% and a net margin of 8.49%.The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, research analysts forecast that Belden Inc will post 8.22 earnings per share for the current year.

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 16th. Belden’s payout ratio is currently 3.37%.

Institutional Trading of Belden

Several institutional investors have recently bought and sold shares of the company. Crossmark Global Holdings Inc. raised its holdings in Belden by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after buying an additional 100 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Belden by 10.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock valued at $129,000 after buying an additional 102 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Belden by 32.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 106 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Belden by 3.8% during the second quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock valued at $452,000 after acquiring an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. raised its holdings in Belden by 2.1% in the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after acquiring an additional 144 shares during the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

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.