Belden Inc $BDC Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in Belden Inc (NYSE:BDC) by 238,774.6% in the fourth quarter, Holdings Channel reports. The fund owned 422,808 shares of the industrial products company’s stock after buying an additional 422,631 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Belden were worth $49,278,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its holdings in 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 acquiring an additional 259 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 165 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Belden by 234.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 232 shares during the period. Hantz Financial Services Inc. boosted its holdings in 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 acquiring an additional 276 shares during the period. Finally, Torren Management LLC purchased a new position in Belden in the 4th quarter worth approximately $62,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Belden Stock Down 1.6%

Shares of NYSE:BDC opened at $104.38 on Tuesday. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98. The company has a fifty day simple moving average of $119.41 and a 200 day simple moving average of $121.97. The firm has a market cap of $4.06 billion, a PE ratio of 17.57 and a beta of 1.18. Belden Inc has a 12-month low of $103.57 and a 12-month high of $159.99.

Belden (NYSE:BDC) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. The business had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The business’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.60 earnings per share. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, equities research analysts anticipate that Belden Inc will post 8.22 EPS for the current fiscal year.

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 12th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, March 12th. Belden’s payout ratio is 3.37%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on BDC shares. Benchmark upped their price target on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Weiss Ratings cut Belden from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Three 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 stock has a consensus rating of “Moderate Buy” and an average price target of $162.50.

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.