Pacer Advisors Inc. Has $889,000 Stock Holdings in Belden Inc $BDC

Pacer Advisors Inc. boosted its position in shares of Belden Inc (NYSE:BDC) by 253.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,392 shares of the industrial products company’s stock after purchasing an additional 5,299 shares during the quarter. Pacer Advisors Inc.’s holdings in Belden were worth $889,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BDC. Allspring Global Investments Holdings LLC grew its holdings in shares of Belden by 2.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,071,846 shares of the industrial products company’s stock valued at $126,328,000 after buying an additional 28,336 shares during the period. Channing Capital Management LLC lifted its holdings in Belden by 16.2% during the second quarter. Channing Capital Management LLC now owns 625,893 shares of the industrial products company’s stock worth $72,478,000 after acquiring an additional 87,400 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Belden by 5.4% in the second quarter. Bank of New York Mellon Corp now owns 621,671 shares of the industrial products company’s stock valued at $71,989,000 after acquiring an additional 31,834 shares during the period. Norges Bank bought a new stake in shares of Belden in the second quarter worth about $55,804,000. Finally, JPMorgan Chase & Co. raised its position in shares of Belden by 28.1% during the second quarter. JPMorgan Chase & Co. now owns 275,726 shares of the industrial products company’s stock worth $31,929,000 after purchasing an additional 60,445 shares during the period. Institutional investors own 98.75% of the company’s stock.

Belden Trading Up 1.0%

NYSE:BDC opened at $117.74 on Friday. The company has a market cap of $4.63 billion, a P/E ratio of 20.91 and a beta of 1.17. Belden Inc has a twelve month low of $83.18 and a twelve month high of $133.77. The business has a 50 day moving average price of $117.15 and a two-hundred day moving average price of $120.62. The company has a quick ratio of 1.37, a current ratio of 1.99 and a debt-to-equity ratio of 1.03.

Belden (NYSE:BDC) last posted its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. Belden had a net margin of 8.57% and a return on equity of 23.95%. The company had revenue of $698.22 million for the quarter, compared to the consensus estimate of $679.61 million. During the same period last year, the company earned $1.70 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, analysts expect that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a $0.05 dividend. The ex-dividend date is Thursday, December 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden’s dividend payout ratio (DPR) is presently 3.55%.

Insider Buying and Selling

In related news, SVP Leah Tate sold 2,554 shares of Belden stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $120.00, for a total value of $306,480.00. Following the sale, the senior vice president owned 27,835 shares of the company’s stock, valued at approximately $3,340,200. The trade was a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Doug Zink sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $125.00, for a total value of $500,000.00. Following the transaction, the chief accounting officer directly owned 4,642 shares of the company’s stock, valued at $580,250. This trade represents a 46.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,154 shares of company stock worth $1,371,050 in the last three months. Insiders own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BDC. Weiss Ratings reiterated a “hold (c+)” rating on shares of Belden in a research report on Wednesday, October 8th. Truist Financial lifted their price target on shares of Belden from $149.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Finally, Wall Street Zen downgraded shares of Belden from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $140.00.

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.