Belden Inc $BDC Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in Belden Inc (NYSE:BDC) by 238,774.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 422,808 shares of the industrial products company’s stock after purchasing an additional 422,631 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.08% of Belden worth $49,278,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Arizona State Retirement System raised its stake in Belden by 0.7% in the 3rd quarter. Arizona State Retirement System now owns 11,688 shares of the industrial products company’s stock valued at $1,406,000 after purchasing an additional 86 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Belden by 4.6% in the 3rd 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. Captrust Financial Advisors raised its stake 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 purchasing an additional 142 shares during the last quarter. 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 valued at $849,000 after purchasing an additional 144 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its stake in Belden by 3.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 4,385 shares of the industrial products company’s stock valued at $515,000 after purchasing an additional 162 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company’s stock.

Wall Street Analyst Weigh In

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

Belden Stock Down 1.6%

BDC opened at $104.38 on Tuesday. The firm has a 50 day moving average price of $119.41 and a 200 day moving average price of $121.97. The company has a market cap of $4.06 billion, a PE ratio of 17.57 and a beta of 1.18. Belden Inc has a 1 year low of $103.57 and a 1 year high of $159.99. 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 posted its earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.07. The firm had revenue of $696.38 million during the quarter, compared to the consensus estimate of $677.03 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The company’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.60 EPS. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Sell-side analysts expect that Belden Inc will post 8.22 earnings per share for the current year.

Belden Announces Dividend

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 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 of this dividend was Thursday, March 12th. Belden’s dividend payout ratio is 3.37%.

Belden 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.