Newport Trust Company LLC Increases Holdings in Belden Inc $BDC

Newport Trust Company LLC lifted its stake in Belden Inc (NYSE:BDC) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,103 shares of the industrial products company’s stock after purchasing an additional 9,337 shares during the period. Newport Trust Company LLC owned 0.87% of Belden worth $39,756,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Belden by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company’s stock worth $588,483,000 after purchasing an additional 93,274 shares in the last quarter. Invesco Ltd. increased its stake in shares of Belden by 4.0% in the 3rd quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock worth $122,152,000 after purchasing an additional 39,096 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Belden by 238,774.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 422,808 shares of the industrial products company’s stock worth $49,278,000 after purchasing an additional 422,631 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Belden by 2.9% in the 2nd quarter. Bank of America Corp DE now owns 274,351 shares of the industrial products company’s stock worth $31,770,000 after purchasing an additional 7,762 shares in the last quarter. Finally, UBS Group AG increased its stake 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 purchasing an additional 27,827 shares in the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on BDC shares. Benchmark upped their price objective on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Weiss Ratings lowered Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Belden presently has an average rating of “Moderate Buy” and a consensus price target of $162.50.

Belden Trading Down 0.7%

Shares of Belden stock opened at $104.81 on Friday. The company has a fifty day moving average of $118.23 and a 200 day moving average of $121.60. Belden Inc has a fifty-two week low of $101.00 and a fifty-two week high of $159.99. The company has a market capitalization of $4.08 billion, a P/E ratio of 17.64 and a beta of 1.18. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09.

Belden (NYSE:BDC) last released its quarterly earnings data 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 net margin of 8.49% and a return on equity of 24.47%. The business had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. During the same quarter in the prior year, the firm earned $1.60 EPS. The business’s revenue was up 11.4% on a year-over-year basis. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. On average, sell-side analysts anticipate that Belden Inc will post 8.22 earnings per share for the current fiscal year.

Belden Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Belden’s dividend payout ratio is 3.37%.

Belden Company Profile

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.