Healthcare of Ontario Pension Plan Trust Fund Reduces Position in Belden Inc $BDC

Healthcare of Ontario Pension Plan Trust Fund decreased its holdings in Belden Inc (NYSE:BDC) by 37.4% in the first quarter, Holdings Channel reports. The fund owned 21,194 shares of the industrial products company’s stock after selling 12,666 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Belden were worth $2,434,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Crossmark Global Holdings Inc. increased its holdings in shares of Belden by 4.6% in the third quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock valued at $275,000 after purchasing an additional 100 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Belden by 10.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock worth $129,000 after buying an additional 102 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in Belden by 32.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock valued at $52,000 after buying an additional 106 shares in the last quarter. Captrust Financial Advisors grew its holdings in Belden by 3.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock valued at $452,000 after buying an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. increased its position in Belden by 2.1% during the third quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock worth $849,000 after purchasing an additional 144 shares during the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Belden Price Performance

Shares of NYSE:BDC opened at $123.86 on Friday. Belden Inc has a 12 month low of $98.00 and a 12 month high of $159.99. The firm has a market capitalization of $4.82 billion, a P/E ratio of 20.14 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.40. The company’s fifty day moving average price is $110.58 and its 200 day moving average price is $119.35.

Belden (NYSE:BDC) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.32. The company had revenue of $750.16 million during the quarter, compared to the consensus estimate of $746.75 million. Belden had a net margin of 8.52% and a return on equity of 25.00%. Belden’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.89 earnings per share. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. As a group, sell-side analysts predict that Belden Inc will post 8.22 earnings per share for the current fiscal year.

Belden Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Tuesday, June 16th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, June 16th. Belden’s dividend payout ratio (DPR) is currently 3.37%.

Key Headlines Impacting Belden

Here are the key news stories impacting Belden this week:

• Positive Sentiment: Q2 earnings beat expectations: Belden reported adjusted EPS of $2.34, exceeding the $2.04 consensus, while revenue of $750.16 million modestly topped estimates of $746.75 million. Adjusted EPS increased 24% year over year, and revenue rose 11.6%. Belden Reports Record Second Quarter 2026 Results
• Positive Sentiment: Record orders point to improving demand: Orders reached $836 million, up 19% year over year, producing a healthy 1.11 book-to-bill ratio. Management highlighted AI-related demand and record revenue as key growth drivers. The company also completed its previously announced acquisition of RU, which could broaden its networking capabilities. Belden Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analysts see further upside: The average Wall Street price target implies approximately 27% potential upside from the recent trading level. Truist reaffirmed its “buy” rating and maintained a bullish outlook, despite lowering its target to $145 from $155. Wall Street Analysts See a 26.95% Upside in Belden
• Neutral Sentiment: Near-term guidance was broadly in line: Belden forecast third-quarter adjusted EPS of $2.15-$2.30 and revenue of $950 million-$970 million, compared with analyst expectations of $2.25 EPS and $959 million revenue. The range supports continued growth but does not represent a major forecast upgrade.
• Negative Sentiment: Valuation and target reduction remain risks: Truist’s price-target cut signals some caution after the rally, while the stock’s roughly 20.9 price-to-earnings ratio leaves investors dependent on continued earnings growth to justify further gains.

Analyst Ratings Changes

Several analysts recently issued reports on BDC shares. DA Davidson assumed coverage on shares of Belden in a report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 price objective on the stock. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Wall Street Zen raised shares of Belden from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings lowered shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Finally, Citigroup began coverage on shares of Belden in a research report on Friday, June 26th. They set a “buy” rating and a $150.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Belden presently has an average rating of “Buy” and a consensus price target of $156.25.

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.