Belden Inc (NYSE:BDC) Stock Rated “Moderate Buy” by Wall Street Analysts

Belden Inc (NYSE:BDC) has received an average rating of “Moderate Buy” from the eight analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $156.00.

A number of research firms recently commented on BDC. Zacks Research lowered Belden from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. DA Davidson increased their target price on shares of Belden from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Weiss Ratings upgraded shares of Belden from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Needham & Company LLC began coverage on shares of Belden in a report on Wednesday, September 23rd. They set a “buy” rating and a $140.00 price target for the company. Finally, Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th.

Hedge Funds Weigh In On Belden

Hedge funds have recently bought and sold shares of the company. Ancora Advisors LLC bought a new stake in Belden during the second quarter valued at $27,000. Allworth Financial LP bought a new position in shares of Belden in the 2nd quarter worth about $35,000. Caitlin John LLC bought a new position in shares of Belden in the 2nd quarter worth about $49,000. Public Employees Retirement System of Ohio acquired a new position in shares of Belden in the 2nd quarter valued at about $69,000. Finally, GAMMA Investing LLC lifted its stake in shares of Belden by 25.7% in the 3rd quarter. GAMMA Investing LLC now owns 587 shares of the industrial products company’s stock valued at $63,000 after purchasing an additional 120 shares during the period. Institutional investors own 98.75% of the company’s stock.

Belden Stock Down 0.8%

Shares of NYSE:BDC opened at $103.31 on Tuesday. The firm has a market cap of $4.04 billion, a P/E ratio of 16.80 and a beta of 1.13. The company has a quick ratio of 1.49, a current ratio of 2.14 and a debt-to-equity ratio of 0.89. Belden has a 12-month low of $98.00 and a 12-month high of $159.99. The business has a fifty day simple moving average of $113.28 and a 200 day simple moving average of $118.35.

Belden (NYSE:BDC) last announced its earnings results on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, topping the consensus estimate of $2.02 by $0.32. The firm had revenue of $750.16 million for the quarter, compared to the consensus estimate of $746.75 million. Belden had a return on equity of 25.00% and a net margin of 8.52%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 EPS. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Analysts predict that Belden will post 8.69 earnings per share for the current year.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were given a dividend of $0.05 per share. The ex-dividend date was Wednesday, September 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden’s dividend payout ratio is 3.25%.

Belden Company Profile

Belden Inc (NYSE: BDC) is a global provider of signal transmission and networking solutions. The company designs and manufactures products that support the secure movement of data, audio and video across enterprise, industrial and broadcast environments.

Its product portfolio includes copper and fiber-optic cable, connectors, patching and rack systems, industrial Ethernet equipment, network infrastructure, cybersecurity and software-enabled solutions. Belden’s offerings are used in applications such as industrial automation, transportation, energy, enterprise networking, data centers, smart buildings and professional broadcasting.

Founded in 1902, Belden serves customers through operations and distribution channels spanning North America, Europe, Asia and other international markets.