Capital Fund Management S.A. Takes $1.25 Million Position in Belden Inc $BDC

Key Points

• Capital Fund Management S.A. has acquired a new stake in Belden Inc, purchasing 12,415 shares valued at approximately $1,245,000 during the first quarter.
• Belden reported an EPS of $1.89 for the quarter ending July 31, surpassing analysts' expectations of $1.72, while its revenue increased by 11.2% year-over-year.
• The company recently announced a quarterly dividend of $0.05 per share, with a payout ratio of 3.62%, reflecting a low yield of 0.2% for investors.

Capital Fund Management S.A. bought a new position in Belden Inc (NYSE:BDC - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,415 shares of the industrial products company's stock, valued at approximately $1,245,000.

Other institutional investors have also modified their holdings of the company. Xponance Inc. lifted its holdings in shares of Belden by 1.7% during the first quarter. Xponance Inc. now owns 5,839 shares of the industrial products company's stock valued at $585,000 after purchasing an additional 99 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in Belden by 0.9% during the first quarter. Louisiana State Employees Retirement System now owns 11,300 shares of the industrial products company's stock valued at $1,133,000 after buying an additional 100 shares in the last quarter. GAMMA Investing LLC lifted its position 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 valued at $45,000 after acquiring an additional 115 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Belden by 0.3% in the 1st quarter. State of Alaska Department of Revenue now owns 34,717 shares of the industrial products company's stock valued at $3,479,000 after acquiring an additional 115 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Belden by 23.5% in 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 in the last quarter. Institutional investors and hedge funds own 98.75% of the company's stock.

Belden Stock Down 1.9%

Shares of BDC traded down $2.46 during midday trading on Friday, reaching $130.24. 222,992 shares of the stock were exchanged, compared to its average volume of 281,410. Belden Inc has a 12-month low of $83.18 and a 12-month high of $133.55. The firm has a 50 day simple moving average of $123.48 and a 200-day simple moving average of $111.19. 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 company has a market cap of $5.16 billion, a price-to-earnings ratio of 23.59 and a beta of 1.30.

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 analyst estimates of $654.82 million. Belden had a net margin of 8.60% and a return on equity of 23.29%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.51 earnings per share. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. Research analysts forecast that Belden Inc will post 7.07 EPS for the current year.

Belden Dividend Announcement

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

Insiders Place Their Bets

In other Belden news, SVP Brian Edward Anderson sold 7,158 shares of the firm's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $130.51, for a total transaction of $934,190.58. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.48% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

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

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.