Inspire Investing LLC Has $2.16 Million Holdings in Belden Inc $BDC

Inspire Investing LLC increased its holdings in shares of Belden Inc (NYSE:BDC) by 370.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 18,842 shares of the industrial products company’s stock after purchasing an additional 14,836 shares during the period. Inspire Investing LLC’s holdings in Belden were worth $2,164,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. UBS Group AG boosted its holdings in Belden by 15.0% in the 4th quarter. UBS Group AG now owns 213,489 shares of the industrial products company’s stock valued at $24,882,000 after purchasing an additional 27,827 shares during the period. Wesbanco Bank Inc. acquired a new position in shares of Belden during the fourth quarter valued at about $1,166,000. Pier Capital LLC acquired a new position in shares of Belden during the fourth quarter valued at about $7,473,000. Leeward Investments LLC MA lifted its stake in shares of Belden by 5.3% in the first quarter. Leeward Investments LLC MA now owns 137,376 shares of the industrial products company’s stock valued at $15,775,000 after buying an additional 6,923 shares during the period. Finally, M&T Bank Corp acquired a new stake in Belden during the fourth quarter worth about $1,466,000. 98.75% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BDC has been the subject of several recent research reports. Weiss Ratings cut Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 18th. DA Davidson began coverage on Belden in a report on Tuesday, June 16th. They set a “buy” rating and a $155.00 price objective on the stock. Finally, Citigroup began coverage on Belden in a research note on Friday. They issued a “buy” rating and a $150.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $157.50.

Belden Stock Performance

NYSE:BDC opened at $119.94 on Wednesday. Belden Inc has a 12-month low of $101.00 and a 12-month high of $159.99. The company has a quick ratio of 1.40, a current ratio of 2.09 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $4.67 billion, a PE ratio of 20.19 and a beta of 1.14. The firm has a 50-day moving average price of $114.84 and a 200 day moving average price of $121.10.

Belden (NYSE:BDC) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The company had revenue of $696.38 million for the quarter, compared to the consensus estimate of $677.03 million. During the same period in the previous year, the business earned $1.60 earnings per share. The company’s quarterly revenue was up 11.4% on a year-over-year basis. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Research analysts anticipate that Belden Inc will post 8.11 earnings per share for the current fiscal year.

Belden Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.05 per share. 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 (DPR) is presently 3.37%.

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.