Private Client Services LLC Has $1.16 Million Holdings in Belden Inc $BDC

Key Points

• Private Client Services LLC has reduced its stake in Belden Inc by 29.8%, owning 10,040 shares worth approximately $1,163,000 after divesting 4,269 shares in the second quarter.
• Belden reported $1.89 earnings per share (EPS) for the recent quarter, exceeding analyst estimates, and projected a Q3 2025 EPS guidance between 1.850 and 1.950.
• The company declared a quarterly dividend of $0.05 per share, with an annualized yield of 0.2%, slated for payment on October 7th.

Private Client Services LLC trimmed its position in shares of Belden Inc (NYSE:BDC - Free Report) by 29.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,040 shares of the industrial products company's stock after selling 4,269 shares during the quarter. Private Client Services LLC's holdings in Belden were worth $1,163,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in BDC. Opal Wealth Advisors LLC purchased a new position in Belden during the 1st quarter valued at about $35,000. GAMMA Investing LLC raised 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 worth $45,000 after acquiring an additional 115 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Belden in the first quarter valued at approximately $47,000. Public Employees Retirement System of Ohio purchased a new position in Belden during the 4th quarter worth $61,000. Finally, Covestor Ltd increased its position in 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 during the period. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Belden Stock Up 2.6%

BDC stock traded up $3.29 during midday trading on Thursday, reaching $129.99. The company had a trading volume of 55,030 shares, compared to its average volume of 281,657. The company has a 50 day moving average of $126.50 and a two-hundred day moving average of $112.77. Belden Inc has a 1 year low of $83.18 and a 1 year high of $133.77. The company has a market capitalization of $5.15 billion, a P/E ratio of 23.57 and a beta of 1.30. 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 results on Thursday, July 31st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.17. The company had revenue of $671.99 million for the quarter, compared to the consensus estimate of $654.82 million. Belden had a return on equity of 23.29% and a net margin of 8.60%.The firm's revenue was up 11.2% compared to the same quarter last year. During the same period last year, the business posted $1.51 earnings per share. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, equities research analysts expect that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Thursday, September 11th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, September 11th. Belden's payout ratio is presently 3.62%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BDC. Wall Street Zen cut shares of Belden from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 3rd. Benchmark raised their target price on shares of Belden from $130.00 to $145.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group reaffirmed 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.com, the stock has a consensus rating of "Buy" and a consensus target price of $136.50.

Insider Buying and Selling at Belden

In related news, SVP Brian Edward Anderson sold 7,158 shares of Belden 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 completion of the transaction, the senior vice president owned 39,574 shares in the company, valued at approximately $5,164,802.74. This trade represents a 15.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.48% of the stock is owned by company insiders.

Belden Company 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.