Allspring Global Investments Holdings LLC Reduces Stake in Belden Inc $BDC

Allspring Global Investments Holdings LLC lowered its position in Belden Inc (NYSE:BDC) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 884,797 shares of the industrial products company’s stock after selling 41,969 shares during the period. Allspring Global Investments Holdings LLC owned about 2.25% of Belden worth $104,238,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its stake in shares of Belden by 12,950.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 259 shares during the period. EverSource Wealth Advisors LLC grew its position in Belden by 134.1% during the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after buying an additional 165 shares during the period. Smartleaf Asset Management LLC increased its holdings in Belden by 234.3% during the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after buying an additional 232 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Belden by 152.5% during the third quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock valued at $55,000 after buying an additional 276 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in Belden by 40.7% in the second quarter. Osaic Holdings Inc. now owns 581 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 168 shares during the period. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Belden Stock Up 3.6%

Shares of BDC stock opened at $114.81 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.93 and a quick ratio of 1.36. Belden Inc has a one year low of $83.18 and a one year high of $159.99. The company’s fifty day moving average price is $128.64 and its 200-day moving average price is $121.78. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 19.43 and a beta of 1.18.

Belden (NYSE:BDC) last issued its earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.15. The company had revenue of $720.12 million during the quarter, compared to the consensus estimate of $696.97 million. Belden had a net margin of 8.75% and a return on equity of 24.43%. Belden’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.92 EPS. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. Sell-side analysts expect that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Thursday, March 12th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 12th. Belden’s dividend payout ratio (DPR) is 3.38%.

Analyst Ratings Changes

Several research analysts have recently weighed in on BDC shares. Benchmark lifted their price target on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Truist Financial raised their target price on Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Weiss Ratings upgraded Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised Belden from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $148.33.

Insider Buying and Selling

In related news, CAO Doug Zink sold 1,452 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $133.96, for a total value of $194,509.92. Following the transaction, the chief accounting officer directly owned 4,642 shares of the company’s stock, valued at approximately $621,842.32. The trade was a 23.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Leah Tate sold 2,954 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $130.00, for a total transaction of $384,020.00. Following the sale, the senior vice president directly owned 24,881 shares of the company’s stock, valued at approximately $3,234,530. This trade represents a 10.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,891 shares of company stock worth $639,640. 1.48% of the stock is owned by insiders.

Belden 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.