Emerald Investment Advisers LLC Purchases New Position in Belden Inc $BDC

Emerald Investment Advisers LLC purchased a new stake in Belden Inc (NYSE:BDC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 50,456 shares of the industrial products company’s stock, valued at approximately $6,050,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BDC. UBS Group AG lifted its holdings in shares of Belden by 15.0% in the 4th quarter. UBS Group AG now owns 213,489 shares of the industrial products company’s stock worth $24,882,000 after buying an additional 27,827 shares during the period. Pier Capital LLC purchased a new position in shares of Belden during the fourth quarter valued at $7,473,000. Wesbanco Bank Inc. purchased a new position in shares of Belden during the fourth quarter valued at $1,166,000. Leeward Investments LLC MA raised its holdings in shares of Belden by 5.3% in the first quarter. Leeward Investments LLC MA now owns 137,376 shares of the industrial products company’s stock valued at $15,775,000 after acquiring an additional 6,923 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Belden by 9.4% in the first quarter. Bank of America Corp DE now owns 238,651 shares of the industrial products company’s stock valued at $27,404,000 after acquiring an additional 20,465 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Belden Trading Down 1.3%

NYSE:BDC opened at $122.33 on Friday. Belden Inc has a 52 week low of $98.00 and a 52 week high of $159.99. The firm has a 50 day moving average of $117.36 and a 200 day moving average of $120.74. 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 stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 19.89 and a beta of 1.13.

Belden (NYSE:BDC) last released 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 business had revenue of $750.16 million for the quarter, compared to analyst estimates of $746.75 million. Belden had a net margin of 8.52% and a return on equity of 25.00%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.89 earnings per share. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. As a group, sell-side analysts anticipate that Belden Inc will post 8.69 earnings per share for the current fiscal year.

Belden Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BDC. DA Davidson increased their target price on shares of Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday. Wall Street Zen upgraded shares of Belden from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Weiss Ratings cut shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Finally, Truist Financial reiterated a “buy” rating and set a $145.00 price objective (down from $155.00) on shares of Belden in a research note on Friday, July 31st. Two investment 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $160.00.

About Belden

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.