Belden Inc (NYSE:BDC) Receives Average Rating of “Buy” from Analysts

Belden Inc (NYSE:BDC) has received a consensus rating of “Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $156.25.

BDC has been the topic of several research analyst reports. DA Davidson began 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. Citigroup started coverage on shares of Belden in a research note on Friday, June 26th. They set a “buy” rating and a $150.00 target price for the company. Weiss Ratings downgraded shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Finally, Wall Street Zen raised shares of Belden from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st.

Belden Trading Up 0.6%

Shares of Belden stock opened at $128.17 on Thursday. The stock has a 50 day moving average of $111.71 and a 200 day moving average of $119.51. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.49 and a current ratio of 2.14. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 20.84 and a beta of 1.13. Belden has a fifty-two week low of $98.00 and a fifty-two week high of $159.99.

Belden (NYSE:BDC) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.32. Belden had a return on equity of 25.00% and a net margin of 8.52%.The company had revenue of $750.16 million for the quarter, compared to the consensus estimate of $746.75 million. During the same quarter in the previous year, the business earned $1.89 earnings per share. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. As a group, research analysts predict that Belden will post 8.69 earnings per share for the current year.

Belden Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Belden’s dividend payout ratio is 3.25%.

Institutional Investors Weigh In On Belden

A number of hedge funds have recently added to or reduced their stakes in BDC. Price T Rowe Associates Inc. MD grew its stake in shares of Belden by 25.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,225,244 shares of the industrial products company’s stock worth $375,903,000 after acquiring an additional 663,241 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Belden by 15.0% in the fourth quarter. Wellington Management Group LLP now owns 1,685,750 shares of the industrial products company’s stock valued at $196,474,000 after purchasing an additional 219,695 shares during the period. Invesco Ltd. increased its holdings in Belden by 4.0% during the 3rd quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock worth $122,152,000 after purchasing an additional 39,096 shares during the period. Geode Capital Management LLC raised its position in Belden by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 1,007,189 shares of the industrial products company’s stock valued at $117,405,000 after purchasing an additional 25,829 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Belden by 6.4% in the 4th quarter. Victory Capital Management Inc. now owns 514,968 shares of the industrial products company’s stock valued at $60,020,000 after buying an additional 31,167 shares during the period. 98.75% of the stock is currently owned by institutional investors and hedge funds.

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.