Securian Asset Management Inc. Sells 100 Shares of Belden Inc $BDC

Securian Asset Management Inc. trimmed its position in shares of Belden Inc (NYSE:BDC) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,944 shares of the industrial products company’s stock after selling 100 shares during the period. Securian Asset Management Inc.’s holdings in Belden were worth $341,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BDC. GAMMA Investing LLC grew its stake in shares of Belden by 34.7% in the 1st quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 115 shares during the period. Allspring Global Investments Holdings LLC grew its position in Belden by 0.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,043,510 shares of the industrial products company’s stock worth $105,478,000 after acquiring an additional 7,683 shares during the last quarter. Novem Group bought a new stake in Belden during the 1st quarter worth approximately $454,000. First Horizon Advisors Inc. grew its position in Belden by 26.8% during the 1st quarter. First Horizon Advisors Inc. now owns 804 shares of the industrial products company’s stock worth $81,000 after acquiring an additional 170 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in Belden by 0.6% during the 1st quarter. Principal Financial Group Inc. now owns 108,615 shares of the industrial products company’s stock worth $10,889,000 after acquiring an additional 648 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors.

Belden Stock Performance

BDC opened at $118.34 on Friday. The business’s 50-day moving average price is $123.76 and its two-hundred day moving average price is $116.30. Belden Inc has a 1 year low of $83.18 and a 1 year high of $133.77. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 21.44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.35.

Belden (NYSE:BDC) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $654.82 million. During the same quarter last year, the business posted $1.51 EPS. The company’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 analysts expect that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.