Envestnet Asset Management Inc. Grows Position in Belden Inc $BDC

Envestnet Asset Management Inc. boosted its stake in shares of Belden Inc (NYSE:BDC) by 11.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,995 shares of the industrial products company’s stock after purchasing an additional 4,095 shares during the period. Envestnet Asset Management Inc. owned approximately 0.10% of Belden worth $4,810,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its position in shares of Belden by 152.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after buying an additional 276 shares during the period. Lingohr Asset Management GmbH purchased a new position in shares of Belden in the 3rd quarter worth about $202,000. AlphaQuest LLC acquired a new position in shares of Belden in the 3rd quarter valued at about $361,000. Arizona State Retirement System grew its holdings in shares of Belden by 0.7% during the 3rd quarter. Arizona State Retirement System now owns 11,688 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 86 shares during the period. Finally, Knights of Columbus Asset Advisors LLC increased its position in Belden by 3.9% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 23,681 shares of the industrial products company’s stock worth $2,848,000 after purchasing an additional 897 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Belden

In other Belden news, Director Jonathan C. Klein sold 3,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $124.19, for a total transaction of $372,570.00. Following the completion of the transaction, the director directly owned 8,353 shares of the company’s stock, valued at $1,037,359.07. This trade represents a 26.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Leah Tate sold 2,954 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $130.00, for a total transaction of $384,020.00. Following the completion of the sale, the senior vice president owned 24,881 shares in the company, valued at approximately $3,234,530. This trade represents a 10.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,045 shares of company stock worth $2,010,690 in the last ninety days. 1.48% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on BDC shares. Benchmark boosted their price objective 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. Weiss Ratings upgraded Belden from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Wall Street Zen upgraded Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Finally, Truist Financial upped their target price on Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $148.33.

Belden Stock Performance

Shares of BDC stock opened at $145.68 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.93 and a quick ratio of 1.36. The company’s fifty day moving average price is $124.41 and its two-hundred day moving average price is $122.18. The firm has a market capitalization of $5.65 billion, a P/E ratio of 24.65 and a beta of 1.20. Belden Inc has a 12 month low of $83.18 and a 12 month high of $159.99.

Belden (NYSE:BDC) last announced its earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.15. The business had revenue of $720.12 million for the quarter, compared to analyst estimates of $696.97 million. Belden had a return on equity of 24.43% and a net margin of 8.75%.The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.92 earnings per share. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. On average, research analysts anticipate that Belden Inc will post 7.07 earnings per share for the current fiscal year.

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.