M&T Bank Corp Takes $1.47 Million Position in Belden Inc $BDC

Key Points

• M&T Bank Corp acquired a new stake of 12,581 shares in Belden (NYSE:BDC) during Q4, valued at approximately $1.47 million, while institutional investors collectively own about 98.75% of the company.
• Belden beat Q4 expectations with EPS of $2.08 (vs. $1.93 est.) and revenue of $720.12M (vs. $696.97M), provided Q1 2026 EPS guidance of 1.65–1.75, and holds a consensus rating of "Moderate Buy" with an average price target of $162.50 (Benchmark raised its target to $175).

M&T Bank Corp acquired a new stake in Belden Inc (NYSE:BDC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,581 shares of the industrial products company's stock, valued at approximately $1,466,000.

Other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its position in Belden by 12,950.0% in 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 acquiring an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company's stock valued at $33,000 after acquiring an additional 165 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Belden by 234.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company's stock valued at $40,000 after acquiring an additional 232 shares during the last quarter. Hantz Financial Services Inc. grew its position in Belden by 152.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company's stock valued at $55,000 after acquiring an additional 276 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in Belden by 40.7% in the 2nd quarter. Osaic Holdings Inc. now owns 581 shares of the industrial products company's stock valued at $67,000 after acquiring an additional 168 shares during the last quarter. Institutional investors own 98.75% of the company's stock.

Belden Price Performance

Shares of BDC stock opened at $127.41 on Thursday. Belden Inc has a twelve month low of $97.47 and a twelve month high of $159.99. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 21.56 and a beta of 1.27. The stock has a fifty day simple moving average of $126.52 and a two-hundred day simple moving average of $122.32. The company has a current ratio of 1.93, a quick ratio of 1.36 and a debt-to-equity ratio of 1.02.

Belden (NYSE:BDC - Get Free Report) last issued its earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.15. Belden had a return on equity of 24.43% and a net margin of 8.75%.The business had revenue of $720.12 million during the quarter, compared to analysts' expectations of $696.97 million. During the same period in the prior year, the business earned $1.92 EPS. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. On average, analysts predict that Belden Inc will post 8.08 EPS for the current fiscal year.

Belden Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 12th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, March 12th. Belden's dividend payout ratio is currently 3.38%.

Wall Street Analyst Weigh In

Several equities analysts have commented on BDC shares. Benchmark upped their price objective on Belden from $145.00 to $175.00 and gave the company a "buy" rating in a research report on Friday, February 13th. Weiss Ratings downgraded Belden from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 6th. Finally, Wall Street Zen raised Belden from a "hold" rating to a "buy" rating in a research report on Saturday, January 17th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $162.50.

Insider Buying and Selling at Belden

In other Belden news, SVP Leah Tate sold 2,954 shares of the company's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total value of $384,020.00. Following the completion of the sale, the senior vice president directly owned 24,881 shares in the company, valued at approximately $3,234,530. This represents a 10.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Doug Zink sold 1,452 shares of the company's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $133.96, for a total value of $194,509.92. Following the sale, the chief accounting officer owned 4,642 shares of the company's stock, valued at $621,842.32. This trade represents a 23.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 4,891 shares of company stock valued at $639,640 over the last quarter. Company insiders own 1.05% of the company's stock.

About Belden

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.

Want to see what other hedge funds are holding BDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Belden Inc (NYSE:BDC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.