Weiss Ratings Reiterates Hold (C+) Rating for Belden (NYSE:BDC)

Key Points

• Weiss Ratings has reiterated a "hold (C+)" rating for Belden (NYSE:BDC), while other analysts have issued ratings ranging from "buy" to "strong-buy."
• Belden's recent earnings report showed an EPS of $1.89, beating expectations, with revenue of $671.99 million, marking an 11.2% year-over-year increase.
• The stock is currently trading at $118.34, with an average target price of $136.50 and a market cap of $4.69 billion.

Belden (NYSE:BDC - Get Free Report)'s stock had its "hold (c+)" rating restated by Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

BDC has been the topic of a number of other reports. The Goldman Sachs Group reissued a "buy" rating on shares of Belden in a report on Friday, July 11th. Benchmark boosted their price target 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, Wall Street Zen downgraded shares of Belden from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 3rd. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $136.50.

Belden Stock Performance

Belden stock traded down $0.16 during midday trading on Friday, hitting $118.34. The company's stock had a trading volume of 195,898 shares, compared to its average volume of 279,775. Belden has a 1-year low of $83.18 and a 1-year high of $133.77. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.99 and a quick ratio of 1.35. The company has a 50-day moving average price of $123.88 and a two-hundred day moving average price of $115.88. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 21.44 and a beta of 1.26.

Belden (NYSE:BDC - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.17. The business had revenue of $671.99 million during the quarter, compared to analysts' expectations of $654.82 million. Belden had a net margin of 8.60% and a return on equity of 23.29%. The business's revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.51 EPS. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. As a group, sell-side analysts predict that Belden will post 7.07 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BDC. GAMMA Investing LLC grew its holdings in shares of Belden by 34.7% during the first quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company's stock valued at $45,000 after buying an additional 115 shares during the last quarter. Oppenheimer Asset Management Inc. grew 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 valued at $1,794,000 after buying an additional 193 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Belden by 0.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,043,510 shares of the industrial products company's stock valued at $105,478,000 after buying an additional 7,683 shares during the last quarter. Novem Group acquired a new position in shares of Belden during the first quarter valued at about $454,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of Belden by 26.8% during the first quarter. First Horizon Advisors Inc. now owns 804 shares of the industrial products company's stock valued at $81,000 after buying an additional 170 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company's stock.

About Belden

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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