Belden (NYSE:BDC) Reaches New 1-Year Low – What’s Next?

Shares of Belden Inc (NYSE:BDC) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $98.00 and last traded at $101.9180, with a volume of 493022 shares. The stock had previously closed at $101.39.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BDC shares. DA Davidson assumed coverage on Belden in a research report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price on the stock. Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Wall Street Zen raised shares of Belden from a “hold” rating to a “buy” rating in a report on Monday. Citigroup started coverage on shares of Belden in a report on Friday, June 26th. They set a “buy” rating and a $150.00 price objective for the company. Finally, Truist Financial increased their target price on Belden from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Belden has an average rating of “Buy” and a consensus price target of $158.75.

Belden Stock Up 2.5%

The company has a market cap of $3.97 billion, a price-to-earnings ratio of 17.17 and a beta of 1.12. The stock has a 50-day simple moving average of $110.22 and a 200-day simple moving average of $119.81. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.98.

Belden (NYSE:BDC) last released its earnings results on Thursday, April 30th. The industrial products company reported $1.77 EPS for the quarter, beating 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 analysts’ expectations of $677.03 million. During the same quarter last year, the company earned $1.60 EPS. Belden’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. As a group, analysts predict that Belden Inc will post 8.22 EPS for the current year.

Belden Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Tuesday, June 16th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is currently 3.37%.

Institutional Investors Weigh In On Belden

A number of institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC lifted its holdings in shares of Belden by 9.6% in the first quarter. Millennium Management LLC now owns 78,865 shares of the industrial products company’s stock valued at $7,906,000 after buying an additional 6,894 shares during the period. United Services Automobile Association acquired a new position in Belden during the first quarter worth about $264,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Belden by 8.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,807 shares of the industrial products company’s stock worth $13,214,000 after acquiring an additional 10,077 shares in the last quarter. Jane Street Group LLC lifted its holdings in Belden by 18.3% in the 1st quarter. Jane Street Group LLC now owns 58,028 shares of the industrial products company’s stock valued at $5,817,000 after acquiring an additional 8,961 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in Belden by 273.7% in the 1st quarter. Acadian Asset Management LLC now owns 3,984 shares of the industrial products company’s stock valued at $399,000 after acquiring an additional 2,918 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

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.