State of Wyoming Makes New Investment in Belden Inc $BDC

State of Wyoming bought a new stake in shares of Belden Inc (NYSE:BDC) in the 1st quarter, Holdings Channel reports. The institutional investor bought 5,966 shares of the industrial products company’s stock, valued at approximately $685,000.

A number of other large investors also recently made changes to their positions in BDC. Caitong International Asset Management Co. Ltd increased its holdings 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 valued at $31,000 after purchasing an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC lifted 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 valued at $33,000 after buying an additional 165 shares during the period. Fairscale Capital LLC bought a new position in Belden during the fourth quarter worth about $51,000. Smartleaf Asset Management LLC boosted its holdings in Belden by 32.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after buying an additional 106 shares during the last quarter. Finally, Torren Management LLC acquired a new position in shares of Belden during the 4th quarter worth about $62,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on BDC shares. DA Davidson initiated coverage on Belden in a research note on Tuesday, June 16th. They issued a “buy” rating and a $155.00 price target for the company. Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a report on Monday. Weiss Ratings upgraded shares of Belden from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 14th. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Finally, Citigroup started coverage on shares of Belden in a report on Friday, June 26th. They issued a “buy” rating and a $150.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $158.75.

Belden Stock Down 2.4%

NYSE:BDC opened at $102.99 on Friday. Belden Inc has a 1 year low of $98.00 and a 1 year high of $159.99. The stock has a 50-day moving average price of $110.00 and a two-hundred day moving average price of $119.62. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 17.34 and a beta of 1.12. 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 (NYSE:BDC) last released 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. Belden had a return on equity of 24.47% and a net margin of 8.49%.The company had revenue of $696.38 million for the quarter, compared to analyst estimates of $677.03 million. During the same quarter last year, the firm posted $1.60 earnings per share. Belden’s revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities analysts expect that Belden Inc will post 8.22 earnings per share for the current year.

Belden Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is 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.