Belden (NYSE:BDC) Stock Rating Lowered by Wall Street Zen

Belden (NYSE:BDC) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.

Several other brokerages also recently issued reports on BDC. Truist Financial reaffirmed a “buy” rating and issued a $145.00 price objective (down from $155.00) on shares of Belden in a research report on Friday, July 31st. Weiss Ratings raised Belden from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. DA Davidson upped their price objective on Belden from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Zacks Research cut Belden from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Finally, Needham & Company LLC started coverage on Belden in a report on Wednesday, September 23rd. They issued a “buy” rating and a $140.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Belden currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Belden Price Performance

BDC opened at $105.84 on Friday. Belden has a 1 year low of $96.06 and a 1 year high of $159.99. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.24 and a current ratio of 1.82. The stock has a market capitalization of $4.14 billion, a PE ratio of 23.78 and a beta of 1.16. The company’s 50 day simple moving average is $111.43 and its 200 day simple moving average is $118.19.

Belden (NYSE:BDC) last announced its quarterly earnings data on Thursday, October 29th. The industrial products company reported $2.26 EPS for the quarter, hitting analysts’ consensus estimates of $2.26. Belden had a return on equity of 25.06% and a net margin of 5.62%. The business had revenue of $965.95 million during the quarter, compared to analysts’ expectations of $961.91 million. During the same period in the previous year, the firm earned $1.97 earnings per share. The firm’s quarterly revenue was up 38.3% compared to the same quarter last year. As a group, sell-side analysts expect that Belden will post 8.69 EPS for the current year.

Hedge Funds Weigh In On Belden

Large investors have recently modified their holdings of the company. Ancora Advisors LLC purchased a new position in Belden in the 2nd quarter valued at about $27,000. Allworth Financial LP acquired a new position in shares of Belden during the second quarter valued at $35,000. Caitlin John LLC acquired a new stake in shares of Belden during the 2nd quarter valued at $49,000. Covestor Ltd lifted its stake in shares of Belden by 90.1% in the third quarter. Covestor Ltd now owns 498 shares of the industrial products company’s stock valued at $54,000 after buying an additional 236 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in Belden during the 2nd quarter worth about $69,000. 98.75% of the stock is currently owned by institutional investors.

Belden News Summary

Here are the key news stories impacting Belden this week:

• Positive Sentiment: Belden reported record third-quarter revenue of $965.95 million, up 38.3% year over year and above analysts’ $961.91 million estimate. Adjusted EPS of $2.26 matched consensus expectations. Belden Q3 Adjusted Earnings, Revenue Rise; Issues Q4 Outlook
• Positive Sentiment: Orders reached a record $1.017 billion, up 46% year over year, producing a 1.05x book-to-bill ratio. Organic orders increased 16%, indicating demand is outpacing recognized sales and could support future growth. Belden Reports Record Third Quarter 2026 Results
• Positive Sentiment: The company agreed to supply approximately $100 million of fiber solutions to a major U.S. data-center customer in 2027. Management also highlighted accelerating AI data-center demand, strengthening the growth narrative for Belden’s networking products. Belden Earnings Call Highlights AI Data Center Surge
• Neutral Sentiment: Belden forecast fourth-quarter revenue of $960 million to $980 million and adjusted EPS of $2.20 to $2.35. The outlook signals continued solid demand, although the adjusted EPS range is below the latest quarterly result. Belden Q4 Adjusted EPS Outlook
• Negative Sentiment: GAAP results showed a net loss of $11.4 million, or $0.29 per diluted share, versus $56.7 million of net income and $1.41 EPS a year earlier. The loss included non-cash purchase-accounting charges, but the unfavorable headline result may explain the stock’s decline despite strong adjusted performance. Belden Revenue Hits Record $966 Million

About Belden

Belden Inc (NYSE: BDC) is a global provider of signal transmission and networking solutions. The company designs and manufactures products that support the secure movement of data, audio and video across enterprise, industrial and broadcast environments.

Its product portfolio includes copper and fiber-optic cable, connectors, patching and rack systems, industrial Ethernet equipment, network infrastructure, cybersecurity and software-enabled solutions. Belden’s offerings are used in applications such as industrial automation, transportation, energy, enterprise networking, data centers, smart buildings and professional broadcasting.

Founded in 1902, Belden serves customers through operations and distribution channels spanning North America, Europe, Asia and other international markets.