Belden Inc $BDC Shares Acquired by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. has increased its stake in Belden Inc by 22.8%, acquiring an additional 2,081 shares during the first quarter.
• Belden reported earnings per share (EPS) of $1.89 for the last quarter, exceeding the consensus estimate by $0.17, and demonstrated an 11.2% year-over-year revenue growth.
• The company has announced a quarterly dividend of $0.05 per share, with payment scheduled for October 7th, reflecting a low yield of 0.1%.

Advisors Asset Management Inc. increased its stake in Belden Inc (NYSE:BDC - Free Report) by 22.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,222 shares of the industrial products company's stock after purchasing an additional 2,081 shares during the period. Advisors Asset Management Inc.'s holdings in Belden were worth $1,125,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in Belden during the 1st quarter valued at approximately $35,000. GAMMA Investing LLC lifted its stake in Belden by 34.7% during the 1st quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company's stock valued at $45,000 after acquiring an additional 115 shares during the period. Banque Cantonale Vaudoise acquired a new stake in Belden during the 1st quarter valued at approximately $47,000. Public Employees Retirement System of Ohio acquired a new stake in Belden during the 4th quarter valued at approximately $61,000. Finally, Covestor Ltd lifted its stake in Belden by 23.5% during the 1st quarter. Covestor Ltd now owns 636 shares of the industrial products company's stock valued at $64,000 after acquiring an additional 121 shares during the period. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Belden Price Performance

Shares of Belden stock traded down $2.86 during trading hours on Friday, reaching $130.63. 323,662 shares of the company's stock were exchanged, compared to its average volume of 268,043. Belden Inc has a 1 year low of $83.18 and a 1 year high of $133.74. The company has a market capitalization of $5.18 billion, a P/E ratio of 23.67 and a beta of 1.30. The business has a fifty day moving average of $125.97 and a two-hundred day moving average of $112.37. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03.

Belden (NYSE:BDC - Get Free Report) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.72 by $0.17. Belden had a net margin of 8.60% and a return on equity of 23.29%. The business had revenue of $671.99 million during the quarter, compared to analyst estimates of $654.82 million. During the same quarter in the prior year, the firm earned $1.51 earnings per share. The company's revenue for the quarter was up 11.2% compared to the same quarter last year. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. As a group, research analysts predict that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

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

Analyst Ratings Changes

Several analysts have commented on the stock. Benchmark lifted their price objective on shares of Belden from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Wall Street Zen cut shares of Belden from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 3rd. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Belden in a report on Friday, July 11th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Belden has a consensus rating of "Buy" and a consensus target price of $136.50.

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 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 transaction, the senior vice president owned 39,574 shares of the company's stock, valued at approximately $5,164,802.74. The trade was a 15.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.48% of the company's stock.

Belden 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.