28,200 Shares in Belden Inc $BDC Purchased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Belden Inc (NYSE:BDC) during the 2nd quarter, HoldingsChannel reports. The fund purchased 28,200 shares of the industrial products company’s stock, valued at approximately $3,382,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ancora Advisors LLC bought a new position in shares of Belden in the 2nd quarter worth $27,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Belden by 12,950.0% during the third 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 during the period. EverSource Wealth Advisors LLC lifted 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 worth $33,000 after acquiring an additional 165 shares during the period. Allworth Financial LP bought a new stake in Belden in the second quarter valued at $35,000. Finally, Caitlin John LLC bought a new stake in Belden in the second quarter valued at $49,000. 98.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BDC has been the subject of several research reports. Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Wall Street Zen cut shares of Belden from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Citigroup initiated coverage on shares of Belden in a research note on Friday, June 26th. They issued a “buy” rating and a $150.00 price target for the company. Truist Financial restated a “buy” rating and issued a $145.00 price objective (down from $155.00) on shares of Belden in a report on Friday, July 31st. 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 research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $160.00.

Belden Trading Down 3.9%

NYSE BDC opened at $115.30 on Friday. Belden Inc has a 12 month low of $98.00 and a 12 month high of $159.99. The company has a current ratio of 2.14, a quick ratio of 1.49 and a debt-to-equity ratio of 0.89. The stock’s fifty day moving average price is $117.11 and its 200-day moving average price is $120.32. The stock has a market cap of $4.51 billion, a P/E ratio of 18.75 and a beta of 1.13.

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

Belden Announces Dividend

The company also recently announced 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. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 16th. Belden’s dividend payout ratio is currently 3.25%.

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.