Belden Inc $BDC Holdings Lifted by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd grew its holdings in Belden Inc (NYSE:BDCFree Report) by 145.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,250 shares of the industrial products company’s stock after purchasing an additional 4,890 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Belden were worth $992,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Riverwater Partners LLC acquired a new stake in Belden during the third quarter valued at $1,834,000. Y Intercept Hong Kong Ltd acquired a new position in Belden in the 3rd quarter worth about $591,000. Vanguard Group Inc. increased its position in Belden by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock worth $588,483,000 after purchasing an additional 93,274 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Belden by 28.1% during the 2nd 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 in the last quarter. Finally, Renaissance Group LLC raised its stake in shares of Belden by 8.6% during the 3rd quarter. Renaissance Group LLC now owns 65,749 shares of the industrial products company’s stock worth $7,908,000 after purchasing an additional 5,216 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BDC. Truist Financial lifted their target price 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. Weiss Ratings raised shares of Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Benchmark upped their price objective on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Wall Street Zen upgraded Belden from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Belden presently has a consensus rating of “Buy” and an average price target of $148.33.

Get Our Latest Report on BDC

Belden Stock Performance

NYSE:BDC opened at $122.36 on Monday. The firm’s 50-day moving average is $128.70 and its 200-day moving average is $123.39. Belden Inc has a 52-week low of $83.18 and a 52-week high of $159.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.36 and a current ratio of 1.93. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 20.70 and a beta of 1.18.

Belden (NYSE:BDCGet Free Report) last issued its earnings results on Thursday, February 12th. The industrial products company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.15. The business had revenue of $720.12 million during 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%.Belden’s revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.92 earnings per share. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. Equities research analysts anticipate that Belden Inc will post 7.07 earnings per share for the current year.

Belden Dividend Announcement

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

Insider Buying and Selling

In other news, Director Jonathan C. Klein sold 3,000 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $124.19, for a total transaction of $372,570.00. Following the transaction, the director owned 8,353 shares of the company’s stock, valued at $1,037,359.07. This represents a 26.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Leah Tate sold 2,954 shares of Belden stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total value of $384,020.00. Following the completion of the sale, the senior vice president owned 24,881 shares of the company’s stock, valued at approximately $3,234,530. The trade was a 10.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,891 shares of company stock worth $1,512,210 in the last 90 days. Corporate insiders own 1.48% of the company’s stock.

About Belden

(Free Report)

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.

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Institutional Ownership by Quarter for Belden (NYSE:BDC)

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