GSA Capital Partners LLP Invests $954,000 in Belden Inc $BDC

GSA Capital Partners LLP purchased a new stake in shares of Belden Inc (NYSE:BDC) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 7,958 shares of the industrial products company’s stock, valued at approximately $954,000.

Other large investors have also recently modified their holdings of the company. Crossmark Global Holdings Inc. boosted its stake in Belden by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after purchasing an additional 100 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Belden by 10.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 102 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Belden by 32.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 106 shares in the last quarter. Captrust Financial Advisors increased its stake in Belden by 3.8% during the 2nd quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock valued at $452,000 after purchasing an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in Belden by 2.1% during the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock valued at $849,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. DA Davidson assumed coverage on shares of Belden in a research note on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price on the stock. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Citigroup began coverage on shares of Belden in a report on Friday, June 26th. They issued a “buy” rating and a $150.00 price objective for the company. Truist Financial reaffirmed a “buy” rating and issued a $145.00 price objective (down from $155.00) on shares of Belden in a research report on Friday, July 31st. Finally, Weiss Ratings downgraded Belden from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Belden presently has a consensus rating of “Buy” and an average price target of $156.25.

Belden Price Performance

NYSE BDC opened at $129.25 on Wednesday. Belden Inc has a one year low of $98.00 and a one year high of $159.99. The stock has a 50-day moving average of $116.53 and a 200 day moving average of $120.62. 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 company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 21.02 and a beta of 1.12.

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

Belden Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, September 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%.

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.