Belden Inc (NYSE:BDC) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Belden Inc (NYSE:BDC) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $160.00.

BDC has been the subject of a number of analyst reports. DA Davidson began coverage on Belden in a research report on Monday. They issued a “buy” rating and a $155.00 price target for the company. Weiss Ratings cut Belden from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th.

Belden Price Performance

Shares of NYSE BDC traded up $2.45 during mid-day trading on Tuesday, reaching $117.22. The company’s stock had a trading volume of 141,713 shares, compared to its average volume of 400,282. The stock has a 50-day moving average of $115.83 and a two-hundred day moving average of $120.95. The stock has a market capitalization of $4.56 billion, a P/E ratio of 19.63 and a beta of 1.15. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09. Belden has a 1-year low of $101.00 and a 1-year 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 analysts’ consensus estimates of $1.70 by $0.07. The firm had revenue of $696.38 million for the quarter, compared to analyst estimates of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. Belden’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.60 earnings per share. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, equities research analysts anticipate that Belden will post 8.22 EPS for the current fiscal year.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Tuesday, June 16th will be issued a $0.05 dividend. The ex-dividend date of this dividend 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 currently 3.37%.

Hedge Funds Weigh In On Belden

Institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC raised its position 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 purchasing an additional 6,894 shares during the period. United Services Automobile Association acquired a new stake in shares of Belden during the 1st quarter worth about $264,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Belden by 8.3% during the 1st 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 worth $13,214,000 after purchasing an additional 10,077 shares during the last quarter. Jane Street Group LLC raised its holdings in Belden by 18.3% in the 1st quarter. Jane Street Group LLC now owns 58,028 shares of the industrial products company’s stock valued at $5,817,000 after buying an additional 8,961 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in Belden by 273.7% in the 1st quarter. Acadian Asset Management LLC now owns 3,984 shares of the industrial products company’s stock valued at $399,000 after buying an additional 2,918 shares during the period. 98.75% of the stock is currently owned by institutional investors and hedge funds.

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.