Belden Inc $BDC Shares Purchased by UMB Bank n.a.

UMB Bank n.a. raised its position in shares of Belden Inc (NYSE:BDC) by 195.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 552 shares of the industrial products company’s stock after purchasing an additional 365 shares during the period. UMB Bank n.a.’s holdings in Belden were worth $64,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BDC. Invesco Ltd. boosted its stake in Belden by 37.2% during the 1st quarter. Invesco Ltd. now owns 1,024,497 shares of the industrial products company’s stock valued at $102,706,000 after purchasing an additional 277,782 shares during the period. Nuveen LLC bought a new stake in shares of Belden during the 1st quarter worth about $13,517,000. Price T Rowe Associates Inc. MD raised its position in shares of Belden by 18.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 821,118 shares of the industrial products company’s stock worth $82,319,000 after buying an additional 125,722 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Belden by 13.5% during the 1st quarter. Victory Capital Management Inc. now owns 439,452 shares of the industrial products company’s stock worth $44,055,000 after buying an additional 52,400 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Belden during the 1st quarter worth about $5,181,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BDC has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of Belden from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 3rd. The Goldman Sachs Group restated a “buy” rating on shares of Belden in a research report on Friday, July 11th. Finally, Benchmark boosted their price target on shares of Belden from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Belden has an average rating of “Buy” and a consensus target price of $136.50.

Belden Stock Down 3.1%

NYSE BDC opened at $124.52 on Friday. 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’s 50 day simple moving average is $127.09 and its 200 day simple moving average is $113.82. Belden Inc has a 12 month low of $83.18 and a 12 month high of $133.77. The company has a market capitalization of $4.93 billion, a P/E ratio of 22.56 and a beta of 1.30.

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

Belden Announces Dividend

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

Insider Buying and Selling at Belden

In other news, SVP Brian Edward Anderson sold 7,158 shares of Belden 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 transaction, the senior vice president directly owned 39,574 shares of the company’s stock, valued at $5,164,802.74. This trade represents a 15.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.48% of the stock is currently owned by company insiders.

About Belden

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.