Norges Bank Purchases Shares of 491,600 Belden Inc $BDC

Norges Bank purchased a new stake in Belden Inc (NYSE:BDC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 491,600 shares of the industrial products company’s stock, valued at approximately $57,296,000. Norges Bank owned approximately 1.25% of Belden as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its stake in Belden by 12,950.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 165 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Belden by 234.3% in the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 232 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Belden by 152.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 276 shares during the period. Finally, Torren Management LLC acquired a new position in shares of Belden during the 4th quarter worth approximately $62,000. 98.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Benchmark boosted their target price on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Weiss Ratings lowered Belden from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Belden has a consensus rating of “Moderate Buy” and an average price target of $162.50.

Belden Stock Performance

BDC opened at $106.11 on Monday. The business has a fifty day simple moving average of $116.18 and a 200 day simple moving average of $120.90. The company has a market capitalization of $4.13 billion, a PE ratio of 17.86 and a beta of 1.15. Belden Inc has a 1 year low of $101.00 and a 1 year high of $159.99. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.09 and a quick ratio of 1.40.

Belden (NYSE:BDC) last released its quarterly 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 business had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. Belden had a return on equity of 24.47% and a net margin of 8.49%.The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Research analysts expect that Belden Inc will post 8.22 EPS for the current year.

Belden Dividend Announcement

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

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.