Vanguard Group Inc. Increases Stake in Belden Inc $BDC

Vanguard Group Inc. grew its holdings in Belden Inc (NYSE:BDC) by 1.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,893,012 shares of the industrial products company’s stock after acquiring an additional 93,274 shares during the period. Vanguard Group Inc. owned about 12.45% of Belden worth $588,483,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in Belden during the second quarter worth approximately $55,804,000. SG Capital Management LLC purchased a new stake in Belden in the 2nd quarter valued at $18,891,000. Channing Capital Management LLC boosted its stake in Belden by 16.2% during the 2nd quarter. Channing Capital Management LLC now owns 625,893 shares of the industrial products company’s stock worth $72,478,000 after purchasing an additional 87,400 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Belden by 28.1% in the second quarter. JPMorgan Chase & Co. now owns 275,726 shares of the industrial products company’s stock valued at $31,929,000 after buying an additional 60,445 shares during the last quarter. Finally, CSM Advisors LLC purchased a new stake in Belden during the 2nd quarter valued at approximately $6,110,000. 98.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on BDC shares. Benchmark raised their price objective on shares of Belden from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Weiss Ratings raised shares of Belden from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Finally, Truist Financial boosted their price target on Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Belden presently has an average rating of “Buy” and a consensus price target of $148.33.

Insider Transactions at Belden

In related news, SVP Leah Tate sold 2,954 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total transaction of $384,020.00. Following the transaction, the senior vice president directly owned 24,881 shares in the company, valued at $3,234,530. This trade represents a 10.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Hiran Bhadra sold 1,600 shares of Belden stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $120.00, for a total value of $192,000.00. Following the completion of the transaction, the senior vice president owned 26,119 shares of the company’s stock, valued at approximately $3,134,280. The trade was a 5.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 16,045 shares of company stock valued at $2,010,690. 1.48% of the stock is currently owned by insiders.

Belden Stock Performance

NYSE:BDC opened at $148.08 on Wednesday. The firm’s fifty day simple moving average is $125.42 and its 200 day simple moving average is $122.58. The company has a current ratio of 1.93, a quick ratio of 1.36 and a debt-to-equity ratio of 1.02. Belden Inc has a twelve month low of $83.18 and a twelve month high of $159.99. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 25.06 and a beta of 1.20.

Belden (NYSE:BDC) last posted its earnings results on Thursday, February 12th. The industrial products company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.15. The business had revenue of $720.12 million for the quarter, compared to analysts’ expectations of $696.97 million. Belden had a net margin of 8.75% and a return on equity of 24.43%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.92 earnings per share. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. As a group, equities research analysts expect that Belden Inc will post 7.07 earnings per share for the current fiscal year.

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.