Belden Inc $BDC Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC increased its position in shares of Belden Inc (NYSE:BDC) by 30.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 584 shares of the industrial products company’s stock after purchasing an additional 138 shares during the quarter. GAMMA Investing LLC’s holdings in Belden were worth $68,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its position in shares of Belden by 0.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,043,510 shares of the industrial products company’s stock worth $105,478,000 after purchasing an additional 7,683 shares in the last quarter. Invesco Ltd. increased its position in shares of Belden by 37.2% during the first quarter. Invesco Ltd. now owns 1,024,497 shares of the industrial products company’s stock worth $102,706,000 after purchasing an additional 277,782 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Belden by 18.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 821,118 shares of the industrial products company’s stock worth $82,319,000 after purchasing an additional 125,722 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Belden by 13.5% during the first quarter. Victory Capital Management Inc. now owns 439,452 shares of the industrial products company’s stock worth $44,055,000 after purchasing an additional 52,400 shares in the last quarter. Finally, Newport Trust Company LLC increased its position in shares of Belden by 4.7% during the first quarter. Newport Trust Company LLC now owns 315,337 shares of the industrial products company’s stock worth $31,613,000 after purchasing an additional 14,045 shares in the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Belden Price Performance

BDC opened at $117.93 on Friday. The stock’s 50-day moving average price is $126.10 and its 200 day moving average price is $114.55. Belden Inc has a 12-month low of $83.18 and a 12-month high of $133.77. The company has a current ratio of 1.99, a quick ratio of 1.35 and a debt-to-equity ratio of 1.03. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 21.36 and a beta of 1.26.

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

Belden Announces Dividend

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

Analyst Ratings Changes

BDC has been the subject of several analyst reports. Wall Street Zen cut Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a report on Saturday, September 27th. The Goldman Sachs Group restated a “buy” rating on shares of Belden in a report on Friday, July 11th. Finally, Benchmark upped their target price on Belden from $130.00 to $145.00 and gave the company a “buy” rating in a report on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $136.50.

Insider Transactions at Belden

In other Belden news, SVP Brian Edward Anderson sold 7,158 shares of the stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $130.51, for a total value of $934,190.58. Following the sale, the senior vice president owned 39,574 shares of the company’s stock, valued at $5,164,802.74. This trade represents a 15.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.48% of the stock is owned by corporate insiders.

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.