Belden (NYSE:BDC) Downgraded to Hold Rating by Wall Street Zen

Belden (NYSE:BDC) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

A number of other research analysts also recently weighed in on the stock. Truist Financial increased their price objective on shares of Belden from $149.00 to $150.00 and gave the company a “buy” rating in a research report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $140.00.

Belden Trading Up 0.5%

Shares of NYSE:BDC opened at $117.56 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.37. Belden has a 1 year low of $83.18 and a 1 year high of $133.77. The company has a market cap of $4.62 billion, a P/E ratio of 20.88 and a beta of 1.19. The stock’s fifty day moving average price is $116.56 and its 200-day moving average price is $120.07.

Belden (NYSE:BDC) last issued its earnings results on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $698.22 million during the quarter, compared to analyst estimates of $679.61 million. Belden had a return on equity of 23.95% and a net margin of 8.57%.Belden’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. Sell-side analysts expect that Belden will post 7.07 earnings per share for the current year.

Insider Buying and Selling

In other Belden news, Director Jonathan C. Klein sold 3,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $124.19, for a total transaction of $372,570.00. Following the completion of the sale, the director owned 8,353 shares of the company’s stock, valued at approximately $1,037,359.07. The trade was a 26.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Hiran Bhadra sold 1,600 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $120.00, for a total value of $192,000.00. Following the completion of the transaction, the senior vice president directly owned 26,119 shares in the company, valued at $3,134,280. This trade represents a 5.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,154 shares of company stock valued at $1,371,050 over the last three months. 1.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Belden

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maseco LLP bought a new position in shares of Belden in the second quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after buying an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after buying an additional 165 shares during the period. Smartleaf Asset Management LLC increased its stake in Belden by 234.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after buying an additional 232 shares in the last quarter. Finally, Employees Retirement System of Texas bought a new stake in Belden during the second quarter valued at about $52,000. Institutional investors own 98.75% of the company’s stock.

Belden Company Profile

Belden, formerly Belden Inc (NYSE:BDC), was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.

Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering high‐performance, reliable products for harsh environments.