Belden (NYSE:BDC) Hits New 1-Year Low – Here’s What Happened

Belden Inc (NYSE:BDCGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $101.00 and last traded at $102.8650, with a volume of 34929 shares. The stock had previously closed at $104.25.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BDC. Benchmark raised their price target on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Weiss Ratings downgraded Belden from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.50.

Read Our Latest Stock Analysis on BDC

Belden Trading Down 2.3%

The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09. The firm has a market cap of $3.97 billion, a P/E ratio of 17.18 and a beta of 1.18. The firm has a fifty day moving average of $119.41 and a 200-day moving average of $121.97.

Belden (NYSE:BDCGet Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $1.77 EPS for the quarter, beating the consensus estimate of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The firm had revenue of $696.38 million for the quarter, compared to analysts’ expectations of $677.03 million. During the same period last year, the firm earned $1.60 EPS. The firm’s revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Equities research analysts forecast that Belden Inc will post 8.22 earnings per share for the current year.

Belden Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 12th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, March 12th. Belden’s dividend payout ratio (DPR) is currently 3.37%.

Institutional Trading of Belden

Several large investors have recently added to or reduced their stakes in BDC. Caitong International Asset Management Co. Ltd increased its position 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 valued at $31,000 after acquiring an additional 259 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of 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 acquiring an additional 165 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Belden by 234.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 232 shares during the last quarter. Fairscale Capital LLC acquired a new position in shares of Belden in the 4th quarter worth $51,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Belden by 152.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after acquiring an additional 276 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

About Belden

(Get 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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