Belden (NYSE:BDC) SVP Hiran Bhadra Sells 1,600 Shares

Belden Inc (NYSE:BDC) SVP Hiran Bhadra sold 1,600 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $120.00, for a total value of $192,000.00. Following the completion of the sale, the senior vice president directly owned 26,119 shares of the company’s stock, valued at $3,134,280. This represents a 5.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Belden Stock Performance

Shares of NYSE BDC opened at $123.16 on Tuesday. The business’s 50-day simple moving average is $115.69 and its 200-day simple moving average is $119.37. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.37 and a current ratio of 1.99. Belden Inc has a 52 week low of $83.18 and a 52 week high of $133.77. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 21.88 and a beta of 1.19.

Belden (NYSE:BDC) last posted its earnings results on Thursday, October 30th. The industrial products company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.07. Belden had a return on equity of 23.95% and a net margin of 8.57%.The firm had revenue of $698.22 million during the quarter, compared to analyst estimates of $679.61 million. During the same period in the previous year, the company earned $1.70 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, equities research analysts expect that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, December 11th. Belden’s dividend payout ratio (DPR) is 3.55%.

Hedge Funds Weigh In On Belden

A number of institutional investors and hedge funds have recently bought and sold shares of BDC. Maseco LLP bought a new stake in Belden in the 2nd quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 259 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Belden by 134.1% during the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after buying an additional 165 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Belden by 234.3% in the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock valued at $40,000 after buying an additional 232 shares during the period. Finally, Employees Retirement System of Texas acquired a new stake in Belden during the second quarter worth about $52,000. Institutional investors own 98.75% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Belden in a report on Wednesday, October 8th. Three equities 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.com, Belden currently has an average rating of “Moderate Buy” and an average 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.