Belden (NYSE:BDC) SVP Leah Tate Sells 2,554 Shares of Stock

Belden Inc (NYSE:BDC) SVP Leah Tate sold 2,554 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $120.00, for a total value of $306,480.00. Following the transaction, the senior vice president directly owned 27,835 shares in the company, valued at $3,340,200. This represents a 8.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Belden Price Performance

Shares of NYSE BDC traded up $0.80 during midday trading on Friday, hitting $121.36. The company had a trading volume of 9,325 shares, compared to its average volume of 276,765. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 21.55 and a beta of 1.19. The company has a quick ratio of 1.37, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The business has a 50-day simple moving average of $115.69 and a two-hundred day simple moving average of $119.07. Belden Inc has a twelve month low of $83.18 and a twelve month high of $133.77.

Belden (NYSE:BDC) last released its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. The firm had revenue of $698.22 million during the quarter, compared to the consensus estimate of $679.61 million. Belden had a return on equity of 23.95% and a net margin of 8.57%.Belden’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business posted $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. Equities research analysts anticipate that Belden Inc will post 7.07 earnings per share for the current year.

Belden Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors 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%.

Hedge Funds Weigh In On Belden

Hedge funds and other institutional investors have recently modified their holdings of the company. Maseco LLP acquired a new position in shares of Belden in the 2nd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd grew its position in Belden by 12,950.0% in 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 acquiring an additional 259 shares during the period. EverSource Wealth Advisors LLC raised its stake in Belden by 134.1% during the second 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 in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Belden by 234.3% during the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 232 shares during the period. Finally, Employees Retirement System of Texas acquired a new stake in shares of Belden in the 2nd quarter valued at $52,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.67.

Belden Company 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.