William Blair Investment Management LLC Lowers Stake in Belden Inc $BDC

Key Points

• William Blair Investment Management LLC has decreased its stake in Belden Inc by 7.5%, owning approximately 0.64% of the company, valued at $29.14 million after selling 20,381 shares.
• Analysts remain optimistic, with several brokerages maintaining a "buy" rating; Benchmark raised its price target from $130 to $145.
• Belden reported strong quarterly earnings, exceeding estimates with $1.89 EPS and a revenue of $671.99 million, marking an 11.2% increase year-over-year.

William Blair Investment Management LLC lessened its stake in shares of Belden Inc (NYSE:BDC - Free Report) by 7.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,641 shares of the industrial products company's stock after selling 20,381 shares during the quarter. William Blair Investment Management LLC owned about 0.64% of Belden worth $29,140,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BDC. GAMMA Investing LLC lifted its stake in shares of Belden by 34.7% in the first quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company's stock valued at $45,000 after purchasing an additional 115 shares during the period. Blue Trust Inc. lifted its holdings in Belden by 16.3% in the 1st quarter. Blue Trust Inc. now owns 1,802 shares of the industrial products company's stock valued at $181,000 after purchasing an additional 252 shares in the last quarter. Retirement Systems of Alabama boosted its position in Belden by 14.4% during the first quarter. Retirement Systems of Alabama now owns 203,940 shares of the industrial products company's stock worth $20,445,000 after acquiring an additional 25,677 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Belden by 1.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 17,899 shares of the industrial products company's stock worth $1,794,000 after purchasing an additional 193 shares during the last quarter. Finally, Fourth Dimension Wealth LLC purchased a new stake in Belden in the 1st quarter valued at about $117,000. Institutional investors and hedge funds own 98.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BDC. Benchmark increased their price target on shares of Belden from $130.00 to $145.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Belden in a research report on Friday, July 11th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Belden in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered Belden from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 3rd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Belden has a consensus rating of "Moderate Buy" and an average price target of $136.50.

Belden Stock Up 0.0%

Shares of Belden stock opened at $112.28 on Monday. The company has a fifty day moving average price of $124.40 and a 200 day moving average price of $115.46. 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 Inc has a twelve month low of $83.18 and a twelve month high of $133.77. The stock has a market cap of $4.45 billion, a price-to-earnings ratio of 20.34 and a beta of 1.26.

Belden (NYSE:BDC - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.89 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 analyst estimates 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 company posted $1.51 earnings per share. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. Equities research analysts forecast that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden's payout ratio is 3.62%.

Belden 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.

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