Dimensional Fund Advisors LP reduced its position in shares of Belden Inc (NYSE:BDC – Free Report) by 2.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,062,156 shares of the industrial products company’s stock after selling 30,519 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.70% of Belden worth $127,745,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in BDC. EverSource Wealth Advisors LLC increased its position in shares of Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 165 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Belden by 234.3% during the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 232 shares during the period. Employees Retirement System of Texas purchased a new stake in shares of Belden during the second quarter worth about $52,000. Hantz Financial Services Inc. grew its stake in shares of Belden by 152.5% in the third quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 276 shares during the last quarter. Finally, Osaic Holdings Inc. grew its stake in shares of 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 purchasing an additional 168 shares during the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have commented on the company. Benchmark upped their price target on Belden from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Weiss Ratings upgraded Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Truist Financial boosted their target price on 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 raised Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, Belden currently has a consensus rating of “Buy” and a consensus price target of $148.33.
Belden Stock Down 1.7%
Shares of Belden stock opened at $123.34 on Thursday. 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 has a 50-day moving average of $129.10 and a 200 day moving average of $123.34. The firm has a market cap of $4.78 billion, a price-to-earnings ratio of 20.87 and a beta of 1.18. Belden Inc has a 1 year low of $83.18 and a 1 year high of $159.99.
Belden (NYSE:BDC – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The industrial products company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.93 by $0.15. Belden had a net margin of 8.75% and a return on equity of 24.43%. The business had revenue of $720.12 million for the quarter, compared to analyst estimates of $696.97 million. During the same quarter in the previous year, the firm posted $1.92 earnings per share. Belden’s quarterly revenue was up 8.1% on a year-over-year basis. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. As a group, sell-side analysts anticipate that Belden Inc will post 7.07 earnings per share for the current fiscal year.
Belden Dividend Announcement
The business also recently disclosed 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. This represents a $0.20 dividend on an annualized basis 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%.
Insiders Place Their Bets
In other Belden news, SVP Leah Tate sold 2,954 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total value 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. The trade was a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Doug Zink sold 1,452 shares of the stock in a transaction 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 completion of the sale, the chief accounting officer directly owned 4,642 shares in the company, valued at approximately $621,842.32. This represents a 23.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,891 shares of company stock valued at $639,640 in the last quarter. 1.48% of the stock is owned by company insiders.
About Belden
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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