Insider Selling: Belden (NYSE:BDC) SVP Sells 2,554 Shares of Stock

Belden Inc (NYSE:BDC) SVP Leah Tate sold 2,554 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $120.00, for a total transaction of $306,480.00. Following the sale, the senior vice president owned 27,835 shares in the company, valued at $3,340,200. The trade was a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Belden Stock Up 0.5%

Belden stock traded up $0.59 during trading on Thursday, reaching $120.69. The stock had a trading volume of 137,864 shares, compared to its average volume of 277,334. The company has a quick ratio of 1.37, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. Belden Inc has a 52-week low of $83.18 and a 52-week high of $133.77. The stock has a market cap of $4.74 billion, a PE ratio of 21.44 and a beta of 1.19. The business has a 50 day moving average price of $115.77 and a 200 day moving average price of $119.06.

Belden (NYSE:BDC) last announced its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. The business had revenue of $698.22 million for the quarter, compared to analyst estimates of $679.61 million. Belden had a net margin of 8.57% and a return on equity of 23.95%. The company’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the business earned $1.70 EPS. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, analysts predict that Belden Inc will post 7.07 EPS for the current year.

Belden Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a $0.05 dividend. The ex-dividend date is Thursday, December 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden’s dividend payout ratio is presently 3.55%.

Hedge Funds Weigh In On Belden

Several institutional investors have recently added to or reduced their stakes in BDC. Verdence Capital Advisors LLC lifted its position in Belden by 1.9% during the 2nd quarter. Verdence Capital Advisors LLC now owns 4,223 shares of the industrial products company’s stock worth $489,000 after acquiring an additional 78 shares during the period. Arizona State Retirement System raised its position in Belden by 0.7% during the 3rd quarter. Arizona State Retirement System now owns 11,688 shares of the industrial products company’s stock worth $1,406,000 after buying an additional 86 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Belden by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after acquiring an additional 100 shares during the period. Blue Trust Inc. boosted its holdings in shares of Belden by 6.0% in the third quarter. Blue Trust Inc. now owns 2,038 shares of the industrial products company’s stock valued at $245,000 after acquiring an additional 116 shares in the last quarter. Finally, Covestor Ltd boosted its holdings in shares of Belden by 23.5% in the first quarter. Covestor Ltd now owns 636 shares of the industrial products company’s stock valued at $64,000 after acquiring an additional 121 shares in the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Belden currently has an average rating of “Moderate Buy” and a consensus target price of $136.67.

Belden Company Profile

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.