Analysts Set Belden Inc (NYSE:BDC) Price Target at $136.50

Belden Inc (NYSE:BDCGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $136.50.

Several research firms have recently weighed in on BDC. Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a research note on Saturday, September 27th. Benchmark increased their price target on Belden from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Wall Street Zen cut Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 3rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Belden in a research note on Friday, July 11th.

View Our Latest Analysis on BDC

Insiders Place Their Bets

In other Belden news, SVP Brian Edward Anderson sold 7,158 shares of the business’s 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 sale, the senior vice president directly owned 39,574 shares of the company’s stock, valued at $5,164,802.74. The trade was a 15.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.48% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BDC. Maseco LLP acquired a new stake in Belden during the 2nd quarter worth about $25,000. EverSource Wealth Advisors LLC increased its holdings in shares of Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 165 shares during the period. Opal Wealth Advisors LLC purchased a new stake in shares of Belden in the first quarter worth approximately $35,000. GAMMA Investing LLC boosted its holdings in shares of Belden by 34.7% during the first quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 115 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Belden during the first quarter worth approximately $47,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Belden Stock Performance

NYSE:BDC opened at $117.93 on Friday. The company has a 50-day moving average of $126.10 and a 200-day moving average of $114.69. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 21.36 and a beta of 1.26. The company has a current ratio of 1.99, a quick ratio of 1.35 and a debt-to-equity ratio of 1.03. Belden has a twelve month low of $83.18 and a twelve month high of $133.77.

Belden (NYSE:BDCGet Free Report) last released 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. The business had revenue of $671.99 million during the quarter, compared to analyst estimates of $654.82 million. Belden had a net margin of 8.60% and a return on equity of 23.29%. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.51 earnings per share. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. Analysts forecast that Belden will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Thursday, September 11th will be paid 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%.

About Belden

(Get Free Report)

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.

Read More

Analyst Recommendations for Belden (NYSE:BDC)

Receive News & Ratings for Belden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belden and related companies with MarketBeat.com's FREE daily email newsletter.