CenterBook Partners LP Buys 7,023 Shares of Belden Inc $BDC

CenterBook Partners LP grew its stake in Belden Inc (NYSE:BDC) by 100.2% in the 4th quarter, Holdings Channel reports. The firm owned 14,030 shares of the industrial products company’s stock after purchasing an additional 7,023 shares during the period. CenterBook Partners LP’s holdings in Belden were worth $1,635,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BDC. Norges Bank bought a new position in Belden in the 4th quarter worth $57,296,000. Northwestern Mutual Wealth Management Co. raised its holdings in Belden by 238,774.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 422,808 shares of the industrial products company’s stock worth $49,278,000 after purchasing an additional 422,631 shares in the last quarter. Fisher Asset Management LLC bought a new position in Belden in the 4th quarter worth $43,097,000. Arrowstreet Capital Limited Partnership raised its holdings in Belden by 712.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 145,029 shares of the industrial products company’s stock worth $17,443,000 after purchasing an additional 127,182 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Belden by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock worth $588,483,000 after purchasing an additional 93,274 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BDC has been the subject of several research reports. Benchmark increased their price target on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Weiss Ratings lowered shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Belden has an average rating of “Moderate Buy” and an average target price of $162.50.

Belden Stock Up 1.8%

Shares of Belden stock opened at $110.15 on Wednesday. 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 company has a 50-day moving average of $116.01 and a 200 day moving average of $120.91. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 18.54 and a beta of 1.14. Belden Inc has a 1 year low of $101.00 and a 1 year high of $159.99.

Belden (NYSE:BDC) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.07. Belden had a net margin of 8.49% and a return on equity of 24.47%. The company had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. During the same period last year, the business earned $1.60 EPS. Belden’s quarterly revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, sell-side analysts anticipate that Belden Inc will post 8.22 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. Investors of record on Tuesday, June 16th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Belden’s dividend payout ratio is 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.