Shares of Belden Inc (NYSE:BDC – Get Free Report) have received an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $160.00.
BDC has been the topic of a number of analyst reports. Weiss Ratings cut Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. DA Davidson assumed coverage on Belden in a report on Monday. They issued a “buy” rating and a $155.00 price target for the company.
Read Our Latest Stock Report on Belden
Belden Stock Performance
Belden (NYSE:BDC – Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.07. The firm had revenue of $696.38 million during the quarter, compared to analysts’ expectations of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The business’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. As a group, equities research analysts predict that Belden will post 8.22 earnings per share for the current fiscal year.
Belden Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Belden’s dividend payout ratio is presently 3.37%.
Institutional Investors Weigh In On Belden
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. grew its position in shares of Belden by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock valued at $275,000 after purchasing an additional 100 shares during the period. PNC Financial Services Group Inc. lifted its stake in Belden by 10.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock valued at $129,000 after buying an additional 102 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Belden by 32.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after buying an additional 106 shares during the last quarter. Captrust Financial Advisors increased its stake in Belden by 3.8% during the 2nd quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after buying an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in Belden by 2.1% during the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after buying an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.
About Belden
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.
Featured Stories
- Five stocks we like better than Belden
- Goldman’s S&P 500 Target Looks More Reachable After the Latest Rally
- 3 Stocks Diluting Shareholders to Fund Big Long-Term Opportunities
- Father’s Day Investing: 3 Stocks Built for Long-Term Returns
- This Golden Cross Could Send Urban Outfitters to New Highs
Receive News & Ratings for Belden Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belden and related companies with MarketBeat.com's FREE daily email newsletter.
