Belden Inc (NYSE:BDC) Receives $140.00 Average Target Price from Brokerages

Shares of Belden Inc (NYSE:BDC) have received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $140.00.

A number of research firms recently issued reports on BDC. Wall Street Zen downgraded shares of Belden from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Finally, Truist Financial raised their price target on shares of Belden from $149.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, December 19th.

Insiders Place Their Bets

In related news, SVP Leah Tate sold 2,554 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $120.00, for a total transaction of $306,480.00. Following the sale, the senior vice president owned 27,835 shares of the company’s stock, valued at approximately $3,340,200. This represents a 8.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jonathan C. Klein sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $124.19, for a total transaction of $372,570.00. Following the completion of the transaction, the director owned 8,353 shares of the company’s stock, valued at $1,037,359.07. This trade represents a 26.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,154 shares of company stock worth $1,371,050 over the last 90 days. Company insiders own 1.48% of the company’s stock.

Institutional Trading of Belden

Large investors have recently modified their holdings of the business. Millennium Management LLC increased its stake in Belden by 9.6% in the first quarter. Millennium Management LLC now owns 78,865 shares of the industrial products company’s stock valued at $7,906,000 after acquiring an additional 6,894 shares during the last quarter. United Services Automobile Association purchased a new position in Belden in the 1st quarter worth approximately $264,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Belden by 8.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,807 shares of the industrial products company’s stock valued at $13,214,000 after purchasing an additional 10,077 shares during the last quarter. Jane Street Group LLC lifted its position in Belden by 18.3% in the first quarter. Jane Street Group LLC now owns 58,028 shares of the industrial products company’s stock valued at $5,817,000 after purchasing an additional 8,961 shares during the last quarter. Finally, Intech Investment Management LLC boosted its stake in shares of Belden by 22.3% during the first quarter. Intech Investment Management LLC now owns 30,081 shares of the industrial products company’s stock valued at $3,016,000 after purchasing an additional 5,487 shares during the period. Institutional investors own 98.75% of the company’s stock.

Belden Trading Up 3.1%

Shares of NYSE BDC opened at $121.50 on Tuesday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.37 and a current ratio of 1.99. Belden has a 52-week low of $83.18 and a 52-week high of $133.77. The stock has a market cap of $4.77 billion, a P/E ratio of 21.58 and a beta of 1.17. The firm has a 50 day moving average price of $116.70 and a two-hundred day moving average price of $120.90.

Belden (NYSE:BDC) last posted its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. Belden had a return on equity of 23.95% and a net margin of 8.57%.The company had revenue of $698.22 million for the quarter, compared to analyst estimates of $679.61 million. During the same period in the previous year, the firm earned $1.70 earnings per share. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, equities analysts forecast that Belden will post 7.07 EPS for the current year.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th were paid a $0.05 dividend. The ex-dividend date was Thursday, December 11th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s dividend payout ratio (DPR) is 3.55%.

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.