Quantbot Technologies LP Buys Shares of 5,591 Belden Inc $BDC

Quantbot Technologies LP bought a new position in Belden Inc (NYSE:BDC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,591 shares of the industrial products company’s stock, valued at approximately $670,000.

Several other institutional investors have also recently made changes to their positions in the business. Crossmark Global Holdings Inc. boosted its holdings in shares of Belden by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after buying an additional 100 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Belden by 10.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock valued at $129,000 after buying an additional 102 shares during the last quarter. Smartleaf Asset Management LLC raised 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 acquiring an additional 106 shares during the period. Captrust Financial Advisors raised its position in Belden by 3.8% in the second quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after acquiring an additional 142 shares during the period. Finally, Vise Technologies Inc. boosted its stake in shares of Belden by 2.1% during the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after acquiring an additional 144 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on BDC shares. Zacks Research upgraded Belden from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Wall Street Zen upgraded Belden from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Truist Financial reissued a “buy” rating and set a $145.00 price target (down from $155.00) on shares of Belden in a report on Friday, July 31st. Citigroup began coverage on Belden in a research note on Friday, June 26th. They issued a “buy” rating and a $150.00 price objective on the stock. Finally, DA Davidson lifted their price objective on Belden from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $160.00.

Belden Stock Performance

Shares of NYSE BDC opened at $120.11 on Friday. The stock has a market cap of $4.69 billion, a PE ratio of 19.53 and a beta of 1.13. Belden Inc has a 1 year low of $98.00 and a 1 year high of $159.99. The firm has a fifty day moving average price of $117.27 and a 200-day moving average price of $120.35. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49.

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

Belden Dividend Announcement

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 paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden’s dividend 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.