Aristotle Capital Boston LLC Cuts Position in Belden Inc $BDC

Aristotle Capital Boston LLC lessened its holdings in Belden Inc (NYSE:BDC) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,377 shares of the industrial products company’s stock after selling 19,509 shares during the period. Belden comprises about 1.4% of Aristotle Capital Boston LLC’s portfolio, making the stock its 15th largest holding. Aristotle Capital Boston LLC’s holdings in Belden were worth $25,685,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Crossmark Global Holdings Inc. increased its stake in shares of Belden by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock valued at $275,000 after purchasing an additional 100 shares in the last quarter. Smartleaf Asset Management LLC increased its stake 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 purchasing an additional 106 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Belden by 12.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,025 shares of the industrial products company’s stock valued at $119,000 after purchasing an additional 116 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of Belden by 3.8% in 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 shares of Belden by 2.1% in 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.

Belden Stock Performance

NYSE:BDC opened at $120.10 on Thursday. The company’s 50-day moving average price is $115.99 and its 200-day moving average price is $121.02. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98. The company has a market cap of $4.68 billion, a P/E ratio of 20.22 and a beta of 1.14. Belden Inc has a twelve month low of $101.00 and a twelve month high of $159.99.

Belden (NYSE:BDC) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.07. The firm had revenue of $696.38 million for the quarter, compared to the consensus estimate of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the firm posted $1.60 earnings per share. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, sell-side analysts forecast that Belden Inc will post 8.22 earnings per share for the current fiscal year.

Belden Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th will be given a $0.05 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden’s dividend payout ratio is 3.37%.

Analyst Upgrades and Downgrades

BDC has been the subject of several recent analyst reports. Weiss Ratings lowered Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. DA Davidson assumed coverage on Belden in a research note on Tuesday. They set a “buy” rating and a $155.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.