Strs Ohio Boosts Stock Holdings in Belden Inc $BDC

Strs Ohio grew its position in Belden Inc (NYSE:BDC) by 380.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,300 shares of the industrial products company’s stock after purchasing an additional 32,700 shares during the period. Strs Ohio owned about 0.10% of Belden worth $4,967,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Verdence Capital Advisors LLC increased its stake in Belden by 1.9% in the 2nd quarter. Verdence Capital Advisors LLC now owns 4,223 shares of the industrial products company’s stock valued at $489,000 after buying an additional 78 shares during the last quarter. Blue Trust Inc. increased its position in shares of Belden by 6.0% during the third quarter. Blue Trust Inc. now owns 2,038 shares of the industrial products company’s stock valued at $245,000 after acquiring an additional 116 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Belden by 30.9% during the second quarter. GAMMA Investing LLC now owns 584 shares of the industrial products company’s stock worth $68,000 after acquiring an additional 138 shares during the period. Captrust Financial Advisors boosted its position in Belden by 3.8% in the second quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after purchasing an additional 142 shares during the last quarter. Finally, Johnson Investment Counsel Inc. grew its stake in Belden by 7.5% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 2,193 shares of the industrial products company’s stock valued at $254,000 after purchasing an additional 153 shares during the period. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Belden

In other Belden news, SVP Hiran Bhadra sold 1,600 shares of Belden stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $120.00, for a total transaction of $192,000.00. Following the completion of the sale, the senior vice president owned 26,119 shares of the company’s stock, valued at $3,134,280. The trade was a 5.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonathan C. Klein sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $124.19, for a total value of $372,570.00. Following the completion of the transaction, the director owned 8,353 shares of the company’s stock, valued at $1,037,359.07. The trade was a 26.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 11,154 shares of company stock worth $1,371,050. Company insiders own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on BDC shares. Truist Financial boosted their price target on shares of Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a research report on Wednesday, January 21st. Finally, Wall Street Zen raised shares of Belden from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Belden has a consensus rating of “Moderate Buy” and an average target price of $140.00.

Belden Trading Up 1.7%

Shares of BDC stock opened at $117.26 on Tuesday. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 20.83 and a beta of 1.17. The company’s fifty day simple moving average is $116.98 and its two-hundred day simple moving average is $120.73. Belden Inc 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 1.37.

Belden (NYSE:BDC) last announced its quarterly earnings results on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. Belden had a return on equity of 23.95% and a net margin of 8.57%.The company had revenue of $698.22 million during the quarter, compared to analysts’ expectations of $679.61 million. During the same period in the previous year, the business earned $1.70 earnings per share. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, analysts anticipate that Belden Inc will post 7.07 earnings per share for the current year.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, December 11th. Belden’s dividend payout ratio is currently 3.55%.

Belden Profile

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.