William Blair Investment Management LLC Trims Stock Holdings in Belden Inc $BDC

William Blair Investment Management LLC lowered its holdings in Belden Inc (NYSE:BDC) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 215,153 shares of the industrial products company’s stock after selling 22,143 shares during the period. William Blair Investment Management LLC owned about 0.55% of Belden worth $25,076,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BDC. Vanguard Group Inc. raised its stake in Belden by 1.9% during the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after buying an additional 93,274 shares in the last quarter. Riverwater Partners LLC acquired a new stake in Belden during the third quarter valued at approximately $1,834,000. Y Intercept Hong Kong Ltd acquired a new stake in Belden during the third quarter valued at approximately $591,000. Alps Advisors Inc. acquired a new stake in Belden during the third quarter valued at approximately $788,000. Finally, Renaissance Group LLC raised its stake in Belden by 8.6% during the third quarter. Renaissance Group LLC now owns 65,749 shares of the industrial products company’s stock valued at $7,908,000 after buying an additional 5,216 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Belden Stock Down 0.3%

Shares of Belden stock opened at $105.73 on Tuesday. 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 business’s 50 day simple moving average is $117.66 and its 200-day simple moving average is $121.44. The stock has a market capitalization of $4.12 billion, a price-to-earnings ratio of 17.80 and a beta of 1.18. Belden Inc has a twelve month low of $101.00 and a twelve month high of $159.99.

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

Belden Dividend Announcement

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 dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 16th. Belden’s dividend payout ratio is presently 3.37%.

Wall Street Analysts Forecast Growth

BDC has been the topic of several research reports. Weiss Ratings cut Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Benchmark upped their price objective on Belden from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Belden has an average rating of “Moderate Buy” and a consensus price target of $162.50.

Belden 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.