Callan Family Office LLC Takes Position in Belden Inc $BDC

Callan Family Office LLC purchased a new stake in shares of Belden Inc (NYSE:BDC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,330 shares of the industrial products company’s stock, valued at approximately $1,479,000.

Several other hedge funds have also added to or reduced their stakes in the company. Millennium Management LLC increased its position in Belden by 9.6% in the first quarter. Millennium Management LLC now owns 78,865 shares of the industrial products company’s stock worth $7,906,000 after purchasing an additional 6,894 shares during the period. United Services Automobile Association acquired a new position in Belden during the 1st quarter valued at about $264,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Belden by 8.3% during the 1st 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 valued at $13,214,000 after purchasing an additional 10,077 shares during the period. Jane Street Group LLC boosted its stake in shares of 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 purchasing an additional 8,961 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of 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 purchasing an additional 2,918 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Analyst Upgrades and Downgrades

BDC has been the subject of a number of recent research reports. Fox Advisors raised 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 “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Zacks Research raised shares of Belden from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Weiss Ratings cut shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Finally, Truist Financial reissued a “buy” rating and issued a $145.00 price target (down from $155.00) on shares of Belden in a research note on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Belden has a consensus rating of “Buy” and a consensus target price of $160.00.

Belden Price Performance

BDC opened at $122.33 on Monday. The stock has a market cap of $4.78 billion, a P/E ratio of 19.89 and a beta of 1.12. Belden Inc has a 12 month low of $98.00 and a 12 month high of $159.99. The company has a quick ratio of 1.49, a current ratio of 2.14 and a debt-to-equity ratio of 0.89. The company has a fifty day simple moving average of $117.36 and a 200 day simple moving average of $120.73.

Belden (NYSE:BDC) last posted its earnings results on Thursday, July 30th. The industrial products company reported $2.34 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.32. Belden had a return on equity of 25.00% and a net margin of 8.52%.The firm had revenue of $750.16 million for the quarter, compared to analyst estimates of $746.75 million. During the same period in the previous year, the company posted $1.89 earnings per share. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. On average, research analysts expect that Belden Inc will post 8.69 EPS for the current year.

Belden Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 16th. Belden’s payout ratio is 3.25%.

Belden 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.