Foster & Motley Inc. Buys New Position in Belden Inc $BDC

Foster & Motley Inc. acquired a new stake in Belden Inc (NYSE:BDC) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 38,732 shares of the industrial products company’s stock, valued at approximately $4,644,000. Foster & Motley Inc. owned about 0.10% of Belden as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BDC. Zacks Research raised Belden from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Truist Financial reiterated a “buy” rating and issued a $145.00 price objective (down from $155.00) on shares of Belden in a report on Friday, July 31st. Wall Street Zen raised Belden from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Citigroup began coverage on Belden in a research report on Friday, June 26th. They issued a “buy” rating and a $150.00 price target on the stock. Finally, Weiss Ratings cut Belden from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Belden presently has an average rating of “Buy” and an average price target of $156.25.

Belden Trading Down 6.1%

BDC opened at $129.25 on Wednesday. Belden Inc has a twelve month low of $98.00 and a twelve month high of $159.99. The company has a fifty day moving average of $116.53 and a 200-day moving average of $120.62. The stock has a market cap of $5.05 billion, a PE ratio of 21.02 and a beta of 1.12. The company has a quick ratio of 1.49, a current ratio of 2.14 and a debt-to-equity ratio of 0.89.

Belden (NYSE:BDC) last released its earnings results 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 business had revenue of $750.16 million for the quarter, compared to analyst estimates 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 previous year, the business earned $1.89 earnings per share. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. On average, sell-side analysts predict that Belden Inc will post 8.69 EPS for the current year.

Belden Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Belden’s payout ratio is currently 3.25%.

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.