Belden Inc (NYSE:BDC) Receives Average Rating of “Buy” from Brokerages

Shares of Belden Inc (NYSE:BDC) have been assigned a consensus rating of “Buy” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $160.00.

A number of brokerages recently commented on BDC. Weiss Ratings downgraded Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Citigroup started coverage on shares of Belden in a report on Friday, June 26th. They issued a “buy” rating and a $150.00 price target on the stock. Zacks Research raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 4th. Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Finally, DA Davidson raised their target price on shares of Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th.

Belden Stock Up 0.1%

NYSE BDC opened at $115.30 on Monday. Belden has a 1 year low of $98.00 and a 1 year high of $159.99. The stock has a market capitalization of $4.51 billion, a PE ratio of 18.75 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49. The business’s 50-day moving average is $117.11 and its 200 day moving average is $120.17.

Belden (NYSE:BDC) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.32. Belden had a return on equity of 25.00% and a net margin of 8.52%.The business had revenue of $750.16 million during the quarter, compared to analyst estimates of $746.75 million. During the same quarter in the prior year, the company posted $1.89 EPS. Belden’s quarterly revenue was up 11.6% compared to the same quarter last year. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Sell-side analysts forecast that Belden will post 8.69 earnings per share for the current year.

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Belden’s dividend payout ratio is presently 3.25%.

Institutional Trading of Belden

Large investors have recently bought and sold shares of the company. Ancora Advisors LLC bought a new position in shares of Belden in the 2nd quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Belden by 12,950.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 165 shares during the period. Allworth Financial LP purchased a new stake in Belden in the second quarter worth $35,000. Finally, Caitlin John LLC bought a new position in Belden in the second quarter worth $49,000. 98.75% of the stock is owned by institutional investors.

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.