Belden (NYSE:BDC - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.850-1.950 for the period, compared to the consensus earnings per share estimate of 1.850. The company issued revenue guidance of $670.0 million-$685.0 million, compared to the consensus revenue estimate of $676.9 million.
Belden Price Performance
Shares of Belden stock traded down $6.16 during midday trading on Friday, reaching $117.49. The company had a trading volume of 545,190 shares, compared to its average volume of 315,473. The company has a current ratio of 1.99, a quick ratio of 1.29 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 21.28 and a beta of 1.28. The stock has a fifty day simple moving average of $117.15 and a 200 day simple moving average of $110.12. Belden has a 1-year low of $83.18 and a 1-year high of $132.99.
Belden (NYSE:BDC - Get Free Report) last issued its earnings results on Thursday, July 31st. The industrial products company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.72 by $0.17. Belden had a net margin of 8.60% and a return on equity of 23.29%. The company had revenue of $671.99 million during the quarter, compared to analysts' expectations of $654.82 million. During the same quarter in the previous year, the company posted $1.51 EPS. The business's revenue for the quarter was up 11.2% compared to the same quarter last year. As a group, equities research analysts forecast that Belden will post 7.07 earnings per share for the current year.
Belden Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Thursday, June 12th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden's payout ratio is 3.86%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on BDC shares. Benchmark lifted their price objective on Belden from $130.00 to $145.00 and gave the stock a "buy" rating in a research note on Friday. Wall Street Zen raised Belden from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 26th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Belden in a report on Friday, July 11th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $136.50.
Check Out Our Latest Report on BDC
Insider Buying and Selling at Belden
In other news, SVP Brian Edward Anderson sold 7,158 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $130.51, for a total value of $934,190.58. Following the completion of the transaction, the senior vice president owned 39,574 shares of the company's stock, valued at $5,164,802.74. The trade was a 15.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Leah Tate sold 231 shares of the business's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $113.64, for a total transaction of $26,250.84. Following the completion of the transaction, the senior vice president directly owned 30,170 shares of the company's stock, valued at $3,428,518.80. This trade represents a 0.76% decrease in their position. The disclosure for this sale can be found here. 1.48% of the stock is owned by insiders.
Hedge Funds Weigh In On Belden
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Belden by 8.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,807 shares of the industrial products company's stock worth $13,214,000 after purchasing an additional 10,077 shares during the period. Millennium Management LLC boosted its stake in Belden by 9.6% in the 1st quarter. Millennium Management LLC now owns 78,865 shares of the industrial products company's stock worth $7,906,000 after purchasing an additional 6,894 shares during the period. Jane Street Group LLC lifted its position in Belden by 18.3% during the 1st quarter. Jane Street Group LLC now owns 58,028 shares of the industrial products company's stock worth $5,817,000 after buying an additional 8,961 shares in the last quarter. Acadian Asset Management LLC lifted its position in Belden by 273.7% during the 1st quarter. Acadian Asset Management LLC now owns 3,984 shares of the industrial products company's stock worth $399,000 after buying an additional 2,918 shares in the last quarter. Finally, United Services Automobile Association bought a new stake in Belden during the 1st quarter worth about $264,000. 98.75% of the stock is owned by institutional investors and hedge funds.
Belden Company Profile
(
Get Free Report)
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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