Emerald Investment Advisers LLC Acquires Shares of 50,456 Belden Inc $BDC

Key Points

• Emerald Investment Advisers acquired 50,456 shares of Belden, valued at approximately $6.05 million, giving it a roughly 0.13% stake. Institutional investors collectively own 98.75% of the company.
• Analysts maintain a consensus “Buy” rating on Belden, with an average price target of $160; recent actions included upgrades from Wall Street Zen and Fox Advisors, while Truist lowered its target to $145.
• Belden reported quarterly EPS of $2.34, beating estimates of $2.02, while revenue rose 11.6% year over year to $750.16 million. The company also declared a quarterly dividend of $0.05 per share, representing a 0.2% yield.

Emerald Investment Advisers LLC acquired a new position in Belden Inc (NYSE:BDC - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 50,456 shares of the industrial products company's stock, valued at approximately $6,050,000. Emerald Investment Advisers LLC owned approximately 0.13% of Belden as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BDC. Caitong International Asset Management Co. Ltd raised its position in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company's stock valued at $31,000 after buying an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company's stock worth $33,000 after acquiring an additional 165 shares in the last quarter. Allworth Financial LP bought a new stake in Belden during the second quarter worth approximately $35,000. Fairscale Capital LLC bought a new stake in Belden during the fourth quarter worth approximately $51,000. Finally, Smartleaf Asset Management LLC raised its position in Belden by 32.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company's stock valued at $52,000 after purchasing an additional 106 shares during the period. 98.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on BDC. Weiss Ratings lowered Belden from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, July 29th. Wall Street Zen raised Belden from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. Truist Financial restated a "buy" rating and set a $145.00 price target (down from $155.00) on shares of Belden in a report on Friday, July 31st. Fox Advisors upgraded Belden from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 9th. Finally, Citigroup started coverage on shares of Belden in a research note on Friday, June 26th. They set a "buy" rating and a $150.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $160.00.

Belden Price Performance

Shares of BDC stock opened at $122.33 on Friday. The stock has a 50 day moving average price of $117.36 and a 200 day moving average price of $120.74. Belden Inc has a 52-week low of $98.00 and a 52-week high of $159.99. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.49 and a current ratio of 2.14. The firm has a market capitalization of $4.78 billion, a P/E ratio of 19.89 and a beta of 1.13.

Belden (NYSE:BDC - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $746.75 million. During the same quarter in the prior year, the company posted $1.89 EPS. Belden's quarterly 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, sell-side analysts predict that Belden Inc will post 8.69 earnings per share for the current year.

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Belden's dividend payout ratio (DPR) is currently 3.25%.

Belden Company 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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