UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Holdings in Belden Inc $BDC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in Belden Inc (NYSE:BDC) by 4.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 109,207 shares of the industrial products company’s stock after selling 4,561 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of Belden worth $13,095,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Belden during the second quarter valued at approximately $616,536,000. Price T Rowe Associates Inc. MD grew its stake in Belden by 25.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,225,244 shares of the industrial products company’s stock valued at $375,903,000 after purchasing an additional 663,241 shares during the period. Wellington Management Group LLP increased its position in shares of Belden by 15.0% during the 4th quarter. Wellington Management Group LLP now owns 1,685,750 shares of the industrial products company’s stock valued at $196,474,000 after purchasing an additional 219,695 shares during the last quarter. Invesco Ltd. raised its stake in shares of Belden by 4.0% during the 3rd quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock worth $122,152,000 after purchasing an additional 39,096 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Belden by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 1,007,189 shares of the industrial products company’s stock worth $117,405,000 after purchasing an additional 25,829 shares during the period. Institutional investors own 98.75% of the company’s stock.

Belden Price Performance

NYSE BDC opened at $122.22 on Friday. The company has a market cap of $4.78 billion, a PE ratio of 19.87 and a beta of 1.09. Belden Inc has a 52 week low of $98.00 and a 52 week 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 firm’s 50-day simple moving average is $116.80 and its two-hundred day simple moving average is $119.33.

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

Belden Dividend Announcement

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

Wall Street Analyst Weigh In

BDC has been the subject of several research reports. Wall Street Zen lowered shares of Belden from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. Fox Advisors upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. DA Davidson raised their price target on shares of Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Zacks Research cut shares of Belden from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, Weiss Ratings upgraded Belden from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Belden currently has an average rating of “Moderate Buy” and a consensus target price of $160.00.

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.