UBS Group AG Acquires 27,827 Shares of Belden Inc $BDC

UBS Group AG raised its holdings in shares of Belden Inc (NYSE:BDC) by 15.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 213,489 shares of the industrial products company’s stock after buying an additional 27,827 shares during the period. UBS Group AG’s holdings in Belden were worth $24,882,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BDC. Arrowstreet Capital Limited Partnership increased its stake 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 in the last quarter. Vanguard Group Inc. increased its stake 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 in the last quarter. Candelo Capital Management LP bought a new stake in Belden during the 3rd quarter valued at $5,071,000. Invesco Ltd. increased its stake in Belden by 4.0% during the 3rd quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock valued at $122,152,000 after purchasing an additional 39,096 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Belden by 246.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 54,090 shares of the industrial products company’s stock valued at $6,505,000 after purchasing an additional 38,487 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Belden Stock Performance

NYSE BDC opened at $112.30 on Monday. Belden Inc has a 1 year low of $103.57 and a 1 year high of $159.99. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 18.91 and a beta of 1.18. The company has a fifty day moving average price of $123.87 and a 200-day moving average price of $122.40.

Belden (NYSE:BDC) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. The company had revenue of $696.38 million for the quarter, compared to the consensus estimate of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities research analysts predict that Belden Inc will post 8.22 EPS for the current fiscal year.

Belden Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 12th were 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 of this dividend was Thursday, March 12th. Belden’s payout ratio is 3.37%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Benchmark boosted their price target on shares of Belden from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Finally, Weiss Ratings lowered shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $162.50.

About Belden

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.