Belden Inc (NYSE:BDC) Receives Consensus Rating of “Buy” from Analysts

Belden Inc (NYSE:BDC) has received a consensus rating of “Buy” from the six brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $158.75.

Several equities research analysts have recently weighed in on the company. Weiss Ratings cut Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Fox Advisors upgraded Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Wall Street Zen cut Belden from a “buy” rating to a “hold” rating in a report on Sunday. Truist Financial raised their price objective on Belden from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, Citigroup started coverage on Belden in a research report on Friday, June 26th. They set a “buy” rating and a $150.00 price objective on the stock.

Hedge Funds Weigh In On Belden

A number of hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd boosted its position in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 165 shares in the last quarter. Fairscale Capital LLC acquired a new position in Belden in the fourth quarter worth about $51,000. Smartleaf Asset Management LLC lifted its stake in Belden by 32.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 106 shares during the period. Finally, Clearstead Advisors LLC boosted its holdings in Belden by 208.1% during the fourth quarter. Clearstead Advisors LLC now owns 530 shares of the industrial products company’s stock valued at $62,000 after purchasing an additional 358 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Belden Stock Performance

Shares of NYSE BDC traded down $1.15 during trading hours on Friday, hitting $106.84. 379,448 shares of the stock were exchanged, compared to its average volume of 557,148. 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’s 50 day moving average is $111.66 and its 200 day moving average is $120.60. The firm has a market capitalization of $4.16 billion, a P/E ratio of 17.99 and a beta of 1.12. Belden has a one year low of $101.00 and a one year high of $159.99.

Belden (NYSE:BDC) last announced its earnings results on Thursday, April 30th. The industrial products company reported $1.77 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 firm had revenue of $696.38 million for the quarter, compared to the consensus estimate of $677.03 million. During the same quarter last year, the firm posted $1.60 EPS. The business’s quarterly revenue was up 11.4% on a year-over-year basis. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, research analysts expect that Belden will post 8.22 EPS for the current year.

Belden Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Belden’s payout ratio is currently 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.