Belden (NYSE:BDC) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Belden (NYSE:BDC) from a buy rating to a strong-buy rating in a research report released on Saturday morning.

Several other research firms also recently issued reports on BDC. DA Davidson started coverage on Belden in a report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 price objective on the stock. Weiss Ratings cut Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Truist Financial reaffirmed a “buy” rating and issued a $145.00 target price (down from $155.00) on shares of Belden in a research report on Friday. Citigroup assumed coverage on shares of Belden in a research note on Friday, June 26th. They set a “buy” rating and a $150.00 price target on the stock. Finally, Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Belden presently has a consensus rating of “Buy” and an average price target of $156.25.

Belden Stock Up 5.8%

Belden stock opened at $123.86 on Friday. The company has a market capitalization of $4.82 billion, a PE ratio of 20.14 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.40 and a current ratio of 2.14. Belden has a fifty-two week low of $98.00 and a fifty-two week high of $159.99. The firm has a 50 day moving average price of $110.58 and a 200 day moving average price of $119.35.

Belden (NYSE:BDC) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, topping 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 analysts’ expectations of $746.75 million. During the same period in the prior year, the firm earned $1.89 earnings per share. The firm’s revenue was up 11.6% compared to the same quarter last year. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Research analysts expect that Belden will post 8.22 earnings per share for the current year.

Belden Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is presently 3.37%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. increased its holdings in Belden by 4.6% during 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 during the period. PNC Financial Services Group Inc. boosted its stake in shares of Belden by 10.0% in 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 buying an additional 102 shares during the period. Smartleaf Asset Management LLC boosted 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 buying an additional 106 shares during the period. Captrust Financial Advisors grew its position in shares of Belden by 3.8% during the second quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after buying an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in shares of Belden by 2.1% during the third quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after buying an additional 144 shares during the period. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Key Belden News

Here are the key news stories impacting Belden this week:

• Positive Sentiment: Q2 earnings beat expectations: Belden reported adjusted EPS of $2.34, exceeding the $2.04 consensus, while revenue of $750.16 million modestly topped estimates of $746.75 million. Adjusted EPS increased 24% year over year, and revenue rose 11.6%. Belden Reports Record Second Quarter 2026 Results
• Positive Sentiment: Record orders point to improving demand: Orders reached $836 million, up 19% year over year, producing a healthy 1.11 book-to-bill ratio. Management highlighted AI-related demand and record revenue as key growth drivers. The company also completed its previously announced acquisition of RU, which could broaden its networking capabilities. Belden Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analysts see further upside: The average Wall Street price target implies approximately 27% potential upside from the recent trading level. Truist reaffirmed its “buy” rating and maintained a bullish outlook, despite lowering its target to $145 from $155. Wall Street Analysts See a 26.95% Upside in Belden
• Neutral Sentiment: Near-term guidance was broadly in line: Belden forecast third-quarter adjusted EPS of $2.15-$2.30 and revenue of $950 million-$970 million, compared with analyst expectations of $2.25 EPS and $959 million revenue. The range supports continued growth but does not represent a major forecast upgrade.
• Negative Sentiment: Valuation and target reduction remain risks: Truist’s price-target cut signals some caution after the rally, while the stock’s roughly 20.9 price-to-earnings ratio leaves investors dependent on continued earnings growth to justify further gains.

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.