Campbell & CO Investment Adviser LLC Sells 492 Shares of Belden Inc $BDC

Campbell & CO Investment Adviser LLC lessened its holdings in shares of Belden Inc (NYSE:BDC) by 5.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,803 shares of the industrial products company’s stock after selling 492 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Belden were worth $1,019,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Verdence Capital Advisors LLC lifted its stake in shares of Belden by 1.9% during the 2nd quarter. Verdence Capital Advisors LLC now owns 4,223 shares of the industrial products company’s stock valued at $489,000 after buying an additional 78 shares in the last quarter. Xponance Inc. raised its holdings in Belden by 1.7% during the 1st quarter. Xponance Inc. now owns 5,839 shares of the industrial products company’s stock valued at $585,000 after acquiring an additional 99 shares during the period. Louisiana State Employees Retirement System lifted its position in shares of Belden by 0.9% during the first quarter. Louisiana State Employees Retirement System now owns 11,300 shares of the industrial products company’s stock worth $1,133,000 after acquiring an additional 100 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Belden by 6.7% in the second quarter. Blue Trust Inc. now owns 1,922 shares of the industrial products company’s stock worth $223,000 after acquiring an additional 120 shares during the period. Finally, Covestor Ltd grew its position in shares of Belden by 23.5% in the first quarter. Covestor Ltd now owns 636 shares of the industrial products company’s stock valued at $64,000 after purchasing an additional 121 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Belden Price Performance

BDC stock opened at $115.77 on Thursday. The firm has a 50 day simple moving average of $121.21 and a two-hundred day simple moving average of $118.54. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.35. The stock has a market cap of $4.55 billion, a PE ratio of 20.97 and a beta of 1.26. Belden Inc has a one year low of $83.18 and a one year high of $133.77.

Belden (NYSE:BDC) last posted its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07. The company had revenue of $698.22 million during the quarter, compared to the consensus estimate of $679.61 million. Belden had a net margin of 8.60% and a return on equity of 23.29%. The firm’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, analysts predict that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden’s payout ratio is currently 3.55%.

Analyst Ratings Changes

BDC has been the subject of several analyst reports. Benchmark raised their target price on Belden from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Wall Street Zen downgraded shares of Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Finally, Weiss Ratings reaffirmed 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’s stock. Based on data from MarketBeat.com, Belden currently has an average rating of “Moderate Buy” and an average target price of $136.67.

About Belden

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.