Deutsche Bank AG Buys Shares of 47,108 Belden Inc $BDC

Deutsche Bank AG purchased a new position in Belden Inc (NYSE:BDC - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 47,108 shares of the industrial products company's stock, valued at approximately $5,649,000. Deutsche Bank AG owned 0.12% of Belden as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. UBS Group AG boosted its holdings in Belden by 15.0% in the 4th quarter. UBS Group AG now owns 213,489 shares of the industrial products company's stock valued at $24,882,000 after purchasing an additional 27,827 shares during the period. Pier Capital LLC bought a new position in shares of Belden during the 4th quarter worth about $7,473,000. Wesbanco Bank Inc. acquired a new position in shares of Belden during the fourth quarter valued at about $1,166,000. Leeward Investments LLC MA raised its position in shares of Belden by 5.3% during the first quarter. Leeward Investments LLC MA now owns 137,376 shares of the industrial products company's stock valued at $15,775,000 after buying an additional 6,923 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Belden by 9.4% in the first quarter. Bank of America Corp DE now owns 238,651 shares of the industrial products company's stock valued at $27,404,000 after buying an additional 20,465 shares during the period. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BDC has been the topic of a number of recent research reports. Zacks Research raised Belden from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. Fox Advisors upgraded Belden from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 9th. Citigroup began coverage on Belden in a research report on Friday, June 26th. They set a "buy" rating and a $150.00 price objective on the stock. Weiss Ratings lowered Belden from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, July 29th. Finally, DA Davidson raised their target price on Belden from $155.00 to $170.00 and gave the stock a "buy" rating in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Belden has an average rating of "Buy" and a consensus price target of $160.00.

Belden Stock Performance

Shares of NYSE:BDC opened at $116.71 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49. The business's fifty day moving average price is $117.41 and its two-hundred day moving average price is $120.67. Belden Inc has a fifty-two week low of $98.00 and a fifty-two week high of $159.99. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 18.98 and a beta of 1.12.

Belden (NYSE:BDC - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.02 by $0.32. Belden had a return on equity of 25.00% and a net margin of 8.52%.The company had revenue of $750.16 million during the quarter, compared to analysts' expectations of $746.75 million. During the same period last year, the business earned $1.89 earnings per share. The business's revenue was up 11.6% on a year-over-year basis. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. As a group, analysts predict that Belden Inc will post 8.69 EPS for the current fiscal year.

Belden Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be given a $0.05 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Belden's payout ratio is 3.25%.

Belden Profile

Belden, formerly Belden Inc NYSE: BDC, was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.

Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering high‐performance, reliable products for harsh environments.

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