De Lisle Partners LLP Buys New Shares in Belden Inc $BDC

De Lisle Partners LLP acquired a new position in shares of Belden Inc (NYSE:BDC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 43,000 shares of the industrial products company’s stock, valued at approximately $5,159,000.

Several other hedge funds also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 259 shares in the last quarter. Allworth Financial LP acquired a new stake in Belden in the second quarter valued at $35,000. 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 acquiring an additional 165 shares during the last quarter. Fairscale Capital LLC bought a new position in shares of Belden in the 4th quarter valued at about $51,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Belden by 32.0% in the 4th 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 during the period. Institutional investors own 98.75% of the company’s stock.

Belden Stock Performance

NYSE BDC opened at $122.33 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.14 and a debt-to-equity ratio of 0.89. Belden Inc has a 12-month low of $98.00 and a 12-month high of $159.99. The company has a market capitalization of $4.78 billion, a P/E ratio of 19.89 and a beta of 1.13. The firm has a 50-day moving average price of $117.36 and a two-hundred day moving average price of $120.74.

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

Belden Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be issued a $0.05 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s payout ratio is presently 3.25%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BDC. Zacks Research upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Citigroup started coverage on Belden in a research note on Friday, June 26th. They issued a “buy” rating and a $150.00 price objective on the stock. Weiss Ratings cut Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Wall Street Zen upgraded Belden from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Finally, DA Davidson lifted their price objective on shares of Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $160.00.

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.