Inspire Investing LLC Sells 157 Shares of Belden Inc $BDC

Inspire Investing LLC lowered its holdings in Belden Inc (NYSE:BDC) by 4.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,425 shares of the industrial products company’s stock after selling 157 shares during the quarter. Inspire Investing LLC’s holdings in Belden were worth $343,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in Belden in the first quarter valued at about $35,000. GAMMA Investing LLC boosted its position in Belden by 34.7% in the first quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company’s stock valued at $45,000 after buying an additional 115 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Belden during the first quarter worth about $47,000. Public Employees Retirement System of Ohio bought a new stake in Belden during the fourth quarter worth about $61,000. Finally, Covestor Ltd grew its stake in Belden by 23.5% during the first quarter. Covestor Ltd now owns 636 shares of the industrial products company’s stock worth $64,000 after buying an additional 121 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Insider Buying and Selling

In other Belden news, SVP Brian Edward Anderson sold 7,158 shares of the company’s stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $130.51, for a total value of $934,190.58. Following the completion of the sale, the senior vice president owned 39,574 shares of the company’s stock, valued at approximately $5,164,802.74. This represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.48% of the company’s stock.

Belden Trading Down 2.2%

BDC opened at $129.53 on Wednesday. Belden Inc has a fifty-two week low of $83.18 and a fifty-two week high of $133.77. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.35. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 23.47 and a beta of 1.30. The firm has a 50 day simple moving average of $126.41 and a 200 day simple moving average of $112.68.

Belden (NYSE:BDC) last issued its earnings results on Thursday, July 31st. The industrial products company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.72 by $0.17. Belden had a net margin of 8.60% and a return on equity of 23.29%. The firm had revenue of $671.99 million during the quarter, compared to the consensus estimate of $654.82 million. During the same quarter in the prior year, the firm earned $1.51 earnings per share. The business’s quarterly revenue was up 11.2% on a year-over-year basis. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, sell-side analysts anticipate that Belden Inc will post 7.07 earnings per share for the current year.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Thursday, September 11th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, September 11th. Belden’s dividend payout ratio is presently 3.62%.

Analyst Ratings Changes

Several brokerages have weighed in on BDC. Wall Street Zen cut shares of Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 3rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Belden in a research note on Friday, July 11th. Finally, Benchmark upped their price objective on shares of Belden from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Belden has a consensus rating of “Buy” and an average target price of $136.50.

Belden Company Profile

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.