Belden Inc $BDC Shares Purchased by Cetera Investment Advisers

Key Points

• Cetera Investment Advisers increased its holdings in Belden Inc by 55.5% during Q1, acquiring an additional 2,018 shares to own a total of 5,654 shares worth $567,000.
• Belden's stock recently opened at $124.10 and has a market capitalization of $4.92 billion, with a price-to-earnings ratio of 22.48.
• The company reported $1.89 earnings per share for the last quarter, exceeding analysts' expectations and reflecting a 11.2% increase in revenue compared to the same period last year.

Cetera Investment Advisers raised its stake in shares of Belden Inc (NYSE:BDC - Free Report) by 55.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,654 shares of the industrial products company's stock after acquiring an additional 2,018 shares during the quarter. Cetera Investment Advisers' holdings in Belden were worth $567,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Belden during the 1st quarter valued at $35,000. Quarry LP boosted its stake in Belden by 208.7% during the 4th quarter. Quarry LP now owns 392 shares of the industrial products company's stock valued at $44,000 after acquiring an additional 265 shares during the last quarter. GAMMA Investing LLC boosted 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 last quarter. Public Employees Retirement System of Ohio bought a new position in Belden during the 4th quarter valued at $61,000. Finally, First Horizon Advisors Inc. boosted its stake in Belden by 26.8% during the 1st quarter. First Horizon Advisors Inc. now owns 804 shares of the industrial products company's stock valued at $81,000 after acquiring an additional 170 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BDC has been the topic of a number of research analyst reports. Benchmark increased 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 downgraded shares of Belden from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 3rd. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Belden in a research report on Friday, July 11th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $136.50.

Belden Stock Performance

NYSE:BDC traded down $2.6040 during mid-day trading on Wednesday, hitting $123.4560. The stock had a trading volume of 237,688 shares, compared to its average volume of 311,245. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 22.37 and a beta of 1.28. The company has a 50 day simple moving average of $120.50 and a 200-day simple moving average of $110.44. Belden Inc has a 52 week low of $83.18 and a 52 week high of $132.99. The company has a current ratio of 1.99, a quick ratio of 1.35 and a debt-to-equity ratio of 1.03.

Belden (NYSE:BDC - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $671.99 million for the quarter, compared to the consensus estimate of $654.82 million. Belden had a net margin of 8.60% and a return on equity of 23.29%. Belden's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the firm posted $1.51 EPS. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, research analysts expect that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Thursday, June 12th were given a $0.05 dividend. The ex-dividend date was Thursday, June 12th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden's dividend payout ratio (DPR) is currently 3.62%.

Insiders Place Their Bets

In related news, SVP Brian Edward Anderson sold 7,158 shares of Belden stock in a transaction dated 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 directly owned 39,574 shares in the company, valued at $5,164,802.74. This trade represents a 15.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.48% of the stock is currently owned by corporate 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.