State of Wyoming Purchases New Holdings in Belden Inc $BDC

State of Wyoming purchased a new stake in Belden Inc (NYSE:BDC) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,966 shares of the industrial products company’s stock, valued at approximately $685,000.

A number of other hedge funds also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its holdings 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 worth $31,000 after purchasing an additional 259 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of 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. Fairscale Capital LLC bought a new position in Belden in the fourth quarter worth $51,000. Smartleaf Asset Management LLC lifted its position in Belden by 32.0% in 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 stake in Belden by 208.1% during the fourth quarter. Clearstead Advisors LLC now owns 530 shares of the industrial products company’s stock worth $62,000 after buying an additional 358 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Belden Trading Down 2.4%

Shares of BDC opened at $102.99 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 17.34 and a beta of 1.12. The stock has a fifty day moving average price of $110.00 and a two-hundred day moving average price of $119.62. Belden Inc has a 52-week low of $98.00 and a 52-week high of $159.99.

Belden (NYSE:BDC) last announced its earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The company had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. During the same period last year, the company posted $1.60 earnings per share. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Analysts predict that Belden Inc will post 8.22 EPS for the current fiscal year.

Belden Announces Dividend

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

Analyst Ratings Changes

BDC has been the topic of several analyst reports. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Wall Street Zen raised shares of Belden from a “hold” rating to a “buy” rating in a report on Monday. Weiss Ratings upgraded shares of Belden from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 14th. DA Davidson initiated coverage on shares of Belden in a research note on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price on the stock. Finally, Citigroup began coverage on shares of Belden in a research report on Friday, June 26th. They issued a “buy” rating and a $150.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $158.75.

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.