Price T Rowe Associates Inc. MD Grows Position in Belden Inc $BDC

Key Points

• Price T Rowe Associates Inc. MD increased its holdings in Belden Inc by 18.1%, owning approximately 2.08% of the company valued at $82.3 million as of the latest SEC filing.
• Belden announced strong earnings results with an EPS of $1.89, exceeding expectations, and projected a Q3 2025 EPS guidance between 1.850-1.950.
• Insider selling was reported, with SVP Brian Edward Anderson selling 7,158 shares, indicating a 15.32% decrease in his ownership of the stock.

Price T Rowe Associates Inc. MD raised its position in Belden Inc (NYSE:BDC - Free Report) by 18.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 821,118 shares of the industrial products company's stock after purchasing an additional 125,722 shares during the period. Price T Rowe Associates Inc. MD owned about 2.08% of Belden worth $82,319,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BDC. Opal Wealth Advisors LLC acquired a new stake in Belden in the first quarter valued at $35,000. Quarry LP grew its holdings in Belden by 208.7% in the fourth quarter. Quarry LP now owns 392 shares of the industrial products company's stock valued at $44,000 after purchasing an additional 265 shares during the last quarter. GAMMA Investing LLC grew its holdings in Belden by 34.7% in the first quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company's stock valued at $45,000 after purchasing an additional 115 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of Belden in the first quarter valued at $47,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Belden in the fourth quarter valued at $61,000. Institutional investors and hedge funds own 98.75% of the company's stock.

Belden Trading Down 1.9%

NYSE:BDC traded down $2.46 during mid-day trading on Friday, reaching $130.24. The company's stock had a trading volume of 222,992 shares, compared to its average volume of 281,410. 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 has a market cap of $5.16 billion, a P/E ratio of 23.59 and a beta of 1.30. The company's fifty day simple moving average is $123.48 and its two-hundred day simple moving average is $111.19. Belden Inc has a twelve month low of $83.18 and a twelve month high of $133.55.

Belden (NYSE:BDC - Get Free Report) last posted its quarterly 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. 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%.The firm's revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.51 EPS. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, equities analysts predict that Belden Inc will post 7.07 EPS for the current year.

Belden Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on BDC shares. Benchmark upped 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. The Goldman Sachs Group restated a "buy" rating on shares of Belden in a research report on Friday, July 11th. Finally, Wall Street Zen downgraded Belden from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 3rd. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $136.50.

Insider Buying and Selling

In other Belden news, SVP Brian Edward Anderson sold 7,158 shares of Belden stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $130.51, for a total value of $934,190.58. Following the completion of the sale, the senior vice president owned 39,574 shares in the company, valued at $5,164,802.74. The trade was a 15.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.48% of the stock is owned by company insiders.

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.