449 Shares in Belden Inc $BDC Bought by Employees Retirement System of Texas

Employees Retirement System of Texas purchased a new stake in Belden Inc (NYSE:BDC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 449 shares of the industrial products company’s stock, valued at approximately $52,000.

A number of other hedge funds have also recently bought and sold shares of the company. Maseco LLP bought a new stake in shares of Belden in the 2nd quarter worth $25,000. Banque Cantonale Vaudoise purchased a new position in Belden during the first quarter worth about $47,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Belden in the 2nd quarter worth about $58,000. Covestor Ltd increased its stake in Belden by 23.5% in the 1st quarter. Covestor Ltd now owns 636 shares of the industrial products company’s stock valued at $64,000 after buying an additional 121 shares during the last quarter. Finally, UMB Bank n.a. lifted its position in shares of Belden by 195.2% during the 2nd quarter. UMB Bank n.a. now owns 552 shares of the industrial products company’s stock worth $64,000 after buying an additional 365 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Belden Price Performance

Belden stock opened at $113.44 on Friday. The business’s 50 day simple moving average is $116.66 and its 200 day simple moving average is $119.00. Belden Inc has a 12 month low of $83.18 and a 12 month high of $133.77. The company has a market cap of $4.46 billion, a price-to-earnings ratio of 20.55 and a beta of 1.26. The company has a current ratio of 1.99, a quick ratio of 1.35 and a debt-to-equity ratio of 1.03.

Belden (NYSE:BDC) last issued its earnings results on Thursday, October 30th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.07. The firm had revenue of $698.22 million for the quarter, compared to analyst estimates of $679.61 million. Belden had a return on equity of 23.29% and a net margin of 8.60%.The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.70 earnings per share. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. Sell-side analysts forecast that Belden Inc will post 7.07 EPS for the current year.

Belden Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th 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 is Thursday, December 11th. Belden’s dividend payout ratio (DPR) is currently 3.55%.

Analyst Ratings Changes

BDC has been the subject of several recent analyst reports. Wall Street Zen lowered Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $136.67.

Belden Profile

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.