Aristotle Capital Boston LLC Has $28.85 Million Stake in Belden Inc $BDC

Aristotle Capital Boston LLC lowered its position in shares of Belden Inc (NYSE:BDCFree Report) by 26.4% during the third quarter, Holdings Channel.com reports. The firm owned 239,886 shares of the industrial products company’s stock after selling 86,108 shares during the quarter. Belden accounts for 1.5% of Aristotle Capital Boston LLC’s portfolio, making the stock its 15th biggest holding. Aristotle Capital Boston LLC’s holdings in Belden were worth $28,851,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Creative Planning boosted its stake in Belden by 21.0% in the 3rd quarter. Creative Planning now owns 36,890 shares of the industrial products company’s stock valued at $4,437,000 after purchasing an additional 6,396 shares during the period. Polar Asset Management Partners Inc. bought a new position in Belden during the 3rd quarter worth $222,000. Virtu Financial LLC acquired a new stake in shares of Belden during the third quarter worth $230,000. Freestone Grove Partners LP lifted its holdings in shares of Belden by 132.9% during the third quarter. Freestone Grove Partners LP now owns 6,092 shares of the industrial products company’s stock worth $733,000 after buying an additional 3,476 shares in the last quarter. Finally, Man Group plc boosted its position in shares of Belden by 2.5% in the third quarter. Man Group plc now owns 11,948 shares of the industrial products company’s stock valued at $1,437,000 after acquiring an additional 295 shares during the period. 98.75% of the stock is owned by institutional investors and hedge funds.

Belden Stock Performance

NYSE:BDC opened at $114.35 on Friday. The stock has a fifty day moving average price of $129.03 and a 200-day moving average price of $123.12. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 19.35 and a beta of 1.18. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.36 and a current ratio of 1.93. Belden Inc has a fifty-two week low of $83.18 and a fifty-two week high of $159.99.

Belden (NYSE:BDCGet Free Report) last issued its quarterly earnings results on Thursday, February 12th. The industrial products company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.15. The company had revenue of $720.12 million for the quarter, compared to analysts’ expectations of $696.97 million. Belden had a return on equity of 24.43% and a net margin of 8.75%.Belden’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business earned $1.92 earnings per share. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. As a group, equities analysts anticipate that Belden Inc will post 7.07 EPS for the current fiscal year.

Belden Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 12th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 12th. Belden’s dividend payout ratio (DPR) is currently 3.38%.

Insider Activity

In other news, CAO Doug Zink sold 1,452 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $133.96, for a total value of $194,509.92. Following the completion of the transaction, the chief accounting officer directly owned 4,642 shares in the company, valued at approximately $621,842.32. The trade was a 23.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Leah Tate sold 2,954 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total transaction of $384,020.00. Following the sale, the senior vice president directly owned 24,881 shares of the company’s stock, valued at approximately $3,234,530. This trade represents a 10.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,891 shares of company stock worth $639,640. Insiders own 1.48% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on BDC. Weiss Ratings upgraded shares of Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Truist Financial lifted their price objective on shares of Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Benchmark boosted their price objective on shares of Belden from $145.00 to $175.00 and gave the company a “buy” rating in a report on Friday, February 13th. Finally, Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Belden currently has a consensus rating of “Buy” and a consensus target price of $148.33.

Read Our Latest Stock Report on BDC

Belden Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Belden (NYSE:BDC)

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