Belden (NYSE:BDC) Sets New 1-Year Low – What’s Next?

Belden Inc (NYSE:BDC – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $96.06 and last traded at $105.6410, with a volume of 53,088 shares. The stock had previously closed at $106.66.

Trending Headlines about Belden

Here are the key news stories impacting Belden this week:

  • Positive Sentiment: Belden reported record third-quarter revenue of $965.95 million, up 38.3% year over year and above analysts’ $961.91 million estimate. Adjusted EPS of $2.26 matched consensus expectations. Belden Q3 Adjusted Earnings, Revenue Rise; Issues Q4 Outlook
  • Positive Sentiment: Orders reached a record $1.017 billion, up 46% year over year, producing a 1.05x book-to-bill ratio. Organic orders increased 16%, indicating demand is outpacing recognized sales and could support future growth. Belden Reports Record Third Quarter 2026 Results
  • Positive Sentiment: The company agreed to supply approximately $100 million of fiber solutions to a major U.S. data-center customer in 2027. Management also highlighted accelerating AI data-center demand, strengthening the growth narrative for Belden’s networking products. Belden Earnings Call Highlights AI Data Center Surge
  • Neutral Sentiment: Belden forecast fourth-quarter revenue of $960 million to $980 million and adjusted EPS of $2.20 to $2.35. The outlook signals continued solid demand, although the adjusted EPS range is below the latest quarterly result. Belden Q4 Adjusted EPS Outlook
  • Negative Sentiment: GAAP results showed a net loss of $11.4 million, or $0.29 per diluted share, versus $56.7 million of net income and $1.41 EPS a year earlier. The loss included non-cash purchase-accounting charges, but the unfavorable headline result may explain the stock’s decline despite strong adjusted performance. Belden Revenue Hits Record $966 Million

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. DA Davidson raised their price target 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. Needham & Company LLC assumed coverage on shares of Belden in a research note on Wednesday, September 23rd. They issued a “buy” rating and a $140.00 price objective for the company. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Zacks Research downgraded Belden from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Finally, Wall Street Zen lowered Belden from a “strong-buy” rating to a “buy” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $156.00.

View Our Latest Analysis on Belden

Belden Trading Down 1.5%

The firm has a fifty day moving average of $111.43 and a two-hundred day moving average of $118.19. The company has a market cap of $4.14 billion, a PE ratio of 23.78 and a beta of 1.13. The company has a current ratio of 1.82, a quick ratio of 1.49 and a debt-to-equity ratio of 2.18.

Belden (NYSE:BDC – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The industrial products company reported $2.26 EPS for the quarter, meeting the consensus estimate of $2.26. The business had revenue of $965.95 million for the quarter, compared to the consensus estimate of $961.91 million. Belden had a net margin of 5.62% and a return on equity of 25.06%. The company’s revenue was up 38.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.97 earnings per share. As a group, sell-side analysts predict that Belden Inc will post 8.69 EPS for the current year.

Belden Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders 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 currently 4.49%.

Hedge Funds Weigh In On Belden

Hedge funds have recently made changes to their positions in the stock. Squarepoint Ops LLC boosted its position in shares of Belden by 111.4% during the 2nd quarter. Squarepoint Ops LLC now owns 23,192 shares of the industrial products company’s stock valued at $2,781,000 after acquiring an additional 12,219 shares during the last quarter. BlackRock Inc. bought a new position in shares of Belden in the second quarter worth approximately $616,536,000. Legal & General Group Plc bought a new position in shares of Belden in the second quarter worth approximately $6,477,000. Jupiter Topco LLC purchased a new stake in Belden in the second quarter valued at approximately $4,135,000. Finally, Kerrisdale Advisers LLC raised its stake in Belden by 1,440.9% in the second quarter. Kerrisdale Advisers LLC now owns 143,000 shares of the industrial products company’s stock valued at $17,147,000 after purchasing an additional 133,720 shares in the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

About Belden

(Get Free Report)

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.

Further Reading

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