Geode Capital Management LLC Acquires 25,829 Shares of Belden Inc $BDC

Geode Capital Management LLC increased its holdings in shares of Belden Inc (NYSE:BDC) by 2.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,007,189 shares of the industrial products company’s stock after purchasing an additional 25,829 shares during the quarter. Geode Capital Management LLC’s holdings in Belden were worth $117,405,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its position in Belden by 12,950.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 259 shares during the period. EverSource Wealth Advisors LLC increased its position in Belden by 134.1% during the second 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 period. Smartleaf Asset Management LLC increased its position in Belden by 234.3% during the third 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 period. Hantz Financial Services Inc. increased its position in Belden by 152.5% during the third 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 period. Finally, Torren Management LLC bought a new position in Belden during the fourth quarter worth about $62,000. 98.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on BDC shares. Weiss Ratings lowered shares of Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Benchmark raised their price target on shares of Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Three equities research 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.50.

Belden Price Performance

BDC stock opened at $106.11 on Friday. The company has a quick ratio of 1.40, a current ratio of 2.09 and a debt-to-equity ratio of 0.98. Belden Inc has a 12 month low of $101.00 and a 12 month high of $159.99. The firm has a market cap of $4.13 billion, a P/E ratio of 17.86 and a beta of 1.14. The company’s 50-day moving average price is $116.18 and its two-hundred day moving average price is $120.82.

Belden (NYSE:BDC) last released 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 net margin of 8.49% and a return on equity of 24.47%. The firm had revenue of $696.38 million for the quarter, compared to analyst estimates of $677.03 million. During the same period last year, the firm earned $1.60 EPS. The business’s quarterly 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. On average, analysts anticipate that Belden Inc will post 8.22 earnings per share for the current fiscal year.

Belden Announces Dividend

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

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.