Belden Inc (NYSE:BDC) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Belden Inc (NYSE:BDC) has received a consensus recommendation of "Moderate Buy" from five brokerages, with an average target price of $136.50.
• The company reported earnings of $1.89 per share for the last quarter, exceeding analysts' expectations, and has indicated a positive revenue growth of 11.2% year-over-year.
• Belden recently declared a quarterly dividend of $0.05 per share, with an annualized yield of 0.2%, highlighting its commitment to returning value to shareholders.

Belden Inc (NYSE:BDC - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the five brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $136.50.

Several research analysts recently weighed in on the company. Weiss Ratings reiterated a "hold (c+)" rating on shares of Belden in a research report on Saturday, September 27th. The Goldman Sachs Group reiterated a "buy" rating on shares of Belden in a research report on Friday, July 11th. Benchmark boosted their price objective on Belden from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Wall Street Zen cut Belden from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 3rd.

Insider Activity at Belden

In other news, SVP Brian Edward Anderson sold 7,158 shares of the stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $130.51, for a total transaction of $934,190.58. Following the sale, the senior vice president owned 39,574 shares of the company's stock, valued at approximately $5,164,802.74. This represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Belden

Hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC purchased a new position in Belden during the 2nd quarter worth approximately $394,000. Texas Permanent School Fund Corp grew its stake in Belden by 14.5% during the 2nd quarter. Texas Permanent School Fund Corp now owns 28,615 shares of the industrial products company's stock worth $3,314,000 after buying an additional 3,623 shares during the last quarter. Osaic Holdings Inc. grew its stake in Belden by 40.7% during the 2nd quarter. Osaic Holdings Inc. now owns 581 shares of the industrial products company's stock worth $67,000 after buying an additional 168 shares during the last quarter. Neuberger Berman Group LLC grew its stake in shares of Belden by 166.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 6,165 shares of the industrial products company's stock valued at $714,000 after purchasing an additional 3,855 shares during the last quarter. Finally, Hohimer Wealth Management LLC purchased a new position in shares of Belden in the 2nd quarter valued at approximately $202,000. Institutional investors and hedge funds own 98.75% of the company's stock.

Belden Stock Performance

BDC stock traded up $0.46 during trading on Friday, hitting $117.93. 227,121 shares of the company traded hands, compared to its average volume of 257,954. The stock's 50-day simple moving average is $126.10 and its 200 day simple moving average is $114.55. 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 company has a market cap of $4.67 billion, a PE ratio of 21.36 and a beta of 1.26. Belden has a 1 year low of $83.18 and a 1 year high of $133.77.

Belden (NYSE:BDC - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.17. The company had revenue of $671.99 million during the quarter, compared to analysts' expectations of $654.82 million. Belden had a return on equity of 23.29% and a net margin of 8.60%.Belden's quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the business earned $1.51 earnings per share. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, equities analysts expect that Belden will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Thursday, September 11th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, September 11th. Belden's dividend payout ratio is 3.62%.

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.

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