Leeward Investments LLC MA Acquires 6,923 Shares of Belden Inc $BDC

Leeward Investments LLC MA grew its stake in shares of Belden Inc (NYSE:BDC) by 5.3% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 137,376 shares of the industrial products company’s stock after purchasing an additional 6,923 shares during the period. Leeward Investments LLC MA owned about 0.35% of Belden worth $15,775,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of BDC. Wesbanco Bank Inc. purchased a new stake in Belden in the 4th quarter valued at about $1,166,000. UBS Group AG boosted its stake in shares of Belden by 15.0% in the 4th quarter. UBS Group AG now owns 213,489 shares of the industrial products company’s stock worth $24,882,000 after buying an additional 27,827 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Belden by 1.9% in the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock valued at $588,483,000 after acquiring an additional 93,274 shares in the last quarter. Pier Capital LLC purchased a new stake in shares of Belden during the fourth quarter valued at approximately $7,473,000. Finally, M&T Bank Corp bought a new stake in Belden during the fourth quarter worth $1,466,000. Institutional investors own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. DA Davidson initiated coverage on Belden in a research note on Tuesday, June 16th. They set a “buy” rating and a $155.00 target price on the stock. Weiss Ratings cut shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $160.00.

Belden Price Performance

Shares of NYSE:BDC opened at $118.74 on Wednesday. The company’s fifty day moving average price is $115.80 and its 200-day moving average price is $121.22. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40. The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of 19.99 and a beta of 1.15. Belden Inc has a one year low of $101.00 and a one year high of $159.99.

Belden (NYSE:BDC) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. The company had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, equities research analysts anticipate that Belden Inc will post 8.11 earnings per share for the current fiscal year.

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Tuesday, June 16th. Belden’s dividend payout ratio is presently 3.37%.

Belden Company 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.