Allianz Asset Management GmbH boosted its stake in shares of Belden Inc (NYSE:BDC - Free Report) by 9.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,528 shares of the industrial products company's stock after acquiring an additional 4,254 shares during the quarter. Allianz Asset Management GmbH owned about 0.12% of Belden worth $5,620,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of BDC. Maseco LLP acquired a new stake in shares of Belden during the second quarter worth $25,000. GAMMA Investing LLC lifted its stake in shares of Belden by 34.7% in the 1st quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company's stock worth $45,000 after acquiring an additional 115 shares during the period. Banque Cantonale Vaudoise purchased a new stake in shares of Belden in the first quarter valued at about $47,000. UMB Bank n.a. raised its holdings in Belden by 195.2% during the second quarter. UMB Bank n.a. now owns 552 shares of the industrial products company's stock worth $64,000 after purchasing an additional 365 shares in the last quarter. Finally, Covestor Ltd lifted its position in Belden by 23.5% in the first quarter. Covestor Ltd now owns 636 shares of the industrial products company's stock valued at $64,000 after purchasing an additional 121 shares during the period. Institutional investors and hedge funds own 98.75% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the company. The Goldman Sachs Group reiterated a "buy" rating on shares of Belden in a research report on Friday, July 11th. Weiss Ratings restated a "hold (c+)" rating on shares of Belden in a research report on Wednesday, October 8th. 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 raised 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. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $136.50.
Get Our Latest Research Report on BDC
Belden Price Performance
Belden stock opened at $117.79 on Thursday. Belden Inc has a 52 week low of $83.18 and a 52 week high of $133.77. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The firm's 50-day simple moving average is $124.02 and its 200 day simple moving average is $115.68. The firm has a market capitalization of $4.67 billion, a PE ratio of 21.34 and a beta of 1.26.
Belden (NYSE:BDC - Get Free Report) last posted its 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. Belden had a net margin of 8.60% and a return on equity of 23.29%. The firm had revenue of $671.99 million during the quarter, compared to the consensus estimate of $654.82 million. During the same period last year, the firm posted $1.51 EPS. The firm's revenue for the quarter was up 11.2% on a year-over-year basis. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, equities research analysts predict that Belden Inc will post 7.07 EPS for the current fiscal year.
Belden Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was 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 (DPR) is presently 3.62%.
Belden Profile
(
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.
Further Reading
Want to see what other hedge funds are holding BDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Belden Inc (NYSE:BDC - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Belden, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Belden wasn't on the list.
While Belden currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
