Analysts’ Weekly Ratings Changes for Belden (BDC)

Several analysts have recently updated their ratings and price targets for Belden (NYSE: BDC):

• 2/2/2025 – Belden was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/25/2025 – Belden was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 1/24/2025 – Belden had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $130.00 price target on the stock.
• 1/16/2025 – Belden was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.

Belden Stock Up 1.8 %

Shares of NYSE BDC traded up $1.99 during midday trading on Tuesday, hitting $115.43. 201,612 shares of the company’s stock were exchanged, compared to its average volume of 220,832. The firm’s fifty day simple moving average is $117.80 and its 200-day simple moving average is $112.54. The company has a market cap of $4.66 billion, a PE ratio of 26.84 and a beta of 1.08. Belden Inc. has a twelve month low of $72.91 and a twelve month high of $131.82. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.07 and a quick ratio of 1.43.

Belden Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.17%. Belden’s payout ratio is currently 4.65%.

Insider Transactions at Belden

In other Belden news, CAO Doug Zink sold 3,000 shares of Belden stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $128.82, for a total value of $386,460.00. Following the transaction, the chief accounting officer now directly owns 6,643 shares in the company, valued at approximately $855,751.26. This trade represents a 31.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.59% of the company’s stock.

Institutional Investors Weigh In On Belden

Hedge funds have recently modified their holdings of the stock. Principal Securities Inc. raised its position in Belden by 9.6% during the 4th quarter. Principal Securities Inc. now owns 1,202 shares of the industrial products company’s stock worth $135,000 after buying an additional 105 shares during the last quarter. GAMMA Investing LLC raised its holdings in Belden by 72.2% during the third quarter. GAMMA Investing LLC now owns 279 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 117 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in Belden by 4.5% in the third quarter. Verdence Capital Advisors LLC now owns 3,465 shares of the industrial products company’s stock valued at $406,000 after purchasing an additional 148 shares during the period. US Bancorp DE lifted its position in Belden by 7.4% in the third quarter. US Bancorp DE now owns 2,794 shares of the industrial products company’s stock valued at $327,000 after purchasing an additional 193 shares during the period. Finally, First Horizon Advisors Inc. increased its position in Belden by 97.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 423 shares of the industrial products company’s stock worth $50,000 after purchasing an additional 209 shares during the period. 98.75% of the stock is owned by institutional investors and hedge funds.

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.