Alamea Verwaltungs GmbH Makes New Investment in Belden Inc $BDC

Key Points

• Alamea Verwaltungs GmbH acquired a new stake in Belden Inc, purchasing 4,653 shares valued at approximately $466,000 in the first quarter of the year.
• Belden reported a 12-month revenue increase of 11.2% and exceeded earnings expectations with $1.89 EPS compared to the consensus estimate of $1.72.
• The company announced a quarterly dividend of $0.05 per share, representing a 0.2% yield, with the ex-dividend date set for September 11th.

Alamea Verwaltungs GmbH purchased a new stake in shares of Belden Inc (NYSE:BDC - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,653 shares of the industrial products company's stock, valued at approximately $466,000.

A number of other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its stake in Belden by 234.7% during the fourth quarter. Bank of America Corp DE now owns 224,363 shares of the industrial products company's stock valued at $25,266,000 after purchasing an additional 157,335 shares during the last quarter. Principal Financial Group Inc. grew its position in Belden by 0.6% in the 1st quarter. Principal Financial Group Inc. now owns 108,615 shares of the industrial products company's stock valued at $10,889,000 after buying an additional 648 shares in the last quarter. Polen Capital Management LLC lifted its holdings in Belden by 26.8% in the 1st quarter. Polen Capital Management LLC now owns 30,665 shares of the industrial products company's stock valued at $3,074,000 after acquiring an additional 6,483 shares during the last quarter. Citigroup Inc. lifted its holdings in Belden by 74.0% in the 1st quarter. Citigroup Inc. now owns 68,015 shares of the industrial products company's stock valued at $6,819,000 after acquiring an additional 28,936 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Belden by 34.7% in 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 last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BDC has been the subject of a number of research analyst reports. The Goldman Sachs Group reissued a "buy" rating on shares of Belden in a report on Friday, July 11th. Wall Street Zen downgraded shares of Belden from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 3rd. Finally, Benchmark upped their price target on shares of Belden from $130.00 to $145.00 and gave the company a "buy" rating in a report on Friday, August 1st. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Belden has an average rating of "Buy" and an average price target of $136.50.

Belden Stock Up 0.3%

BDC traded up $0.39 during midday trading on Wednesday, hitting $127.00. 256,001 shares of the company's stock traded hands, compared to its average volume of 264,615. Belden Inc has a one year low of $83.18 and a one year high of $133.55. The company has a market cap of $5.03 billion, a PE ratio of 23.01 and a beta of 1.30. 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's fifty day simple moving average is $124.10 and its 200-day simple moving average is $111.40.

Belden (NYSE:BDC - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.89 EPS for the quarter, beating 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 company had revenue of $671.99 million for the quarter, compared to analyst estimates of $654.82 million. During the same quarter last year, the firm posted $1.51 earnings per share. The company's quarterly revenue 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, equities analysts anticipate that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Thursday, September 11th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden's dividend payout ratio (DPR) is presently 3.62%.

Insider Activity

In other news, SVP Brian Edward Anderson sold 7,158 shares of the firm'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 sale, the senior vice president owned 39,574 shares in the company, valued at approximately $5,164,802.74. This trade represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.48% of the company's stock.

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.