Belden Inc (NYSE:BDC) Given Consensus Rating of “Moderate Buy” by Analysts

Belden Inc (NYSE:BDC) has been given a consensus recommendation of “Moderate Buy” by the seven research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $160.00.

BDC has been the topic of several recent research reports. Truist Financial restated a “buy” rating and set a $145.00 price target (down from $155.00) on shares of Belden in a research report on Friday, July 31st. Weiss Ratings upgraded Belden from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Wall Street Zen lowered Belden from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. Citigroup assumed coverage on shares of Belden in a report on Friday, June 26th. They issued a “buy” rating and a $150.00 target price on the stock. Finally, DA Davidson lifted their target price 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.

Belden Stock Performance

Belden stock opened at $122.22 on Monday. The firm has a fifty day simple moving average of $116.80 and a two-hundred day simple moving average of $119.12. The company has a quick ratio of 1.49, a current ratio of 2.14 and a debt-to-equity ratio of 0.89. Belden has a twelve month low of $98.00 and a twelve month high of $159.99. The company has a market capitalization of $4.78 billion, a PE ratio of 19.87 and a beta of 1.09.

Belden (NYSE:BDC) last announced its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $746.75 million. During the same period last year, the firm earned $1.89 earnings per share. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Research analysts expect that Belden will post 8.69 EPS for the current year.

Belden Dividend Announcement

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

Institutional Trading of Belden

A number of institutional investors have recently modified their holdings of BDC. Ancora Advisors LLC purchased a new position in Belden during the 2nd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd lifted its holdings in Belden by 12,950.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after buying an additional 259 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after buying an additional 165 shares during the period. Allworth Financial LP bought a new stake in shares of Belden in the 2nd quarter worth approximately $35,000. Finally, Caitlin John LLC bought a new stake in shares of Belden in the 2nd quarter worth approximately $49,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

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.