Kennedy Capital Management LLC Has $15.13 Million Holdings in Belden Inc $BDC

Kennedy Capital Management LLC raised its position in shares of Belden Inc (NYSE:BDC) by 19.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 129,835 shares of the industrial products company’s stock after purchasing an additional 21,594 shares during the quarter. Kennedy Capital Management LLC’s holdings in Belden were worth $15,132,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BDC. Norges Bank acquired a new stake in Belden during the 4th quarter valued at approximately $57,296,000. Northwestern Mutual Wealth Management Co. increased its position in Belden by 238,774.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 422,808 shares of the industrial products company’s stock valued at $49,278,000 after purchasing an additional 422,631 shares during the period. Fisher Asset Management LLC acquired a new stake in Belden during the 4th quarter valued at approximately $43,097,000. Arrowstreet Capital Limited Partnership increased its position in Belden by 712.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 145,029 shares of the industrial products company’s stock valued at $17,443,000 after purchasing an additional 127,182 shares during the period. Finally, Vanguard Group Inc. increased its position in Belden by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after purchasing an additional 93,274 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Belden Price Performance

Shares of BDC opened at $115.17 on Monday. Belden Inc has a 12-month low of $101.00 and a 12-month high of $159.99. The business’s fifty day moving average is $115.83 and its 200 day moving average is $120.94. The company has a quick ratio of 1.40, a current ratio of 2.09 and a debt-to-equity ratio of 0.98. The stock has a market cap of $4.48 billion, a P/E ratio of 19.39 and a beta of 1.15.

Belden (NYSE:BDC) last issued its 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. Belden had a return on equity of 24.47% and a net margin of 8.49%.The company had revenue of $696.38 million for the quarter, compared to analysts’ expectations of $677.03 million. During the same period last year, the business earned $1.60 EPS. Belden’s quarterly revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Sell-side analysts anticipate that Belden Inc will post 8.22 earnings per share for the current fiscal year.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Tuesday, June 16th will be issued 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 is Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is currently 3.37%.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Belden presently has a consensus rating of “Moderate Buy” and an average price target of $162.50.

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.