Twelve Points Wealth Management LLC Acquires 482 Shares of Belden Inc $BDC

Twelve Points Wealth Management LLC increased its holdings in shares of Belden Inc (NYSE:BDC) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,161 shares of the industrial products company’s stock after acquiring an additional 482 shares during the period. Twelve Points Wealth Management LLC owned approximately 0.06% of Belden worth $2,798,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Maseco LLP bought a new stake in Belden during the second quarter worth about $25,000. Counterpoint Mutual Funds LLC bought a new position in shares of Belden in the second quarter worth approximately $312,000. GAMMA Investing LLC lifted its stake in shares of Belden by 30.9% in the second quarter. GAMMA Investing LLC now owns 584 shares of the industrial products company’s stock worth $68,000 after buying an additional 138 shares in the last quarter. Matrix Trust Co lifted its stake in shares of Belden by 10.1% in the second quarter. Matrix Trust Co now owns 2,545 shares of the industrial products company’s stock worth $295,000 after buying an additional 233 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of Belden by 195.2% in the second quarter. UMB Bank n.a. now owns 552 shares of the industrial products company’s stock worth $64,000 after buying an additional 365 shares in 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 stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $130.51, for a total transaction of $934,190.58. Following the completion of the transaction, the senior vice president owned 39,574 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available through this link. 1.48% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

Belden Price Performance

BDC stock opened at $124.26 on Friday. Belden Inc has a 52 week low of $83.18 and a 52 week high of $133.77. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The company has a fifty day simple moving average of $127.02 and a two-hundred day simple moving average of $113.97. The firm has a market capitalization of $4.92 billion, a P/E ratio of 22.51 and a beta of 1.30.

Belden (NYSE:BDC) last released its quarterly earnings data 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 business had revenue of $671.99 million during the quarter, compared to analyst estimates of $654.82 million. During the same quarter last year, the business earned $1.51 earnings per share. Belden’s quarterly revenue was up 11.2% compared to the same quarter last year. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. Analysts anticipate that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

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

Belden 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.