Belden (NYSE:BDC) Stock Price Expected to Rise, Truist Financial Analyst Says

Belden (NYSE:BDC) had its price target lifted by equities research analysts at Truist Financial from $150.00 to $155.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. Truist Financial’s target price indicates a potential upside of 32.66% from the stock’s previous close.

BDC has been the topic of a number of other research reports. Citigroup initiated coverage on Belden in a research report on Friday, June 26th. They set a “buy” rating and a $150.00 price objective on the stock. DA Davidson started coverage on shares of Belden in a report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price for the company. Finally, Weiss Ratings lowered shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $158.75.

Belden Stock Performance

Shares of NYSE:BDC opened at $116.84 on Thursday. The firm has a 50 day moving average of $114.55 and a 200 day moving average of $121.04. The company has a quick ratio of 1.40, a current ratio of 2.09 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $4.55 billion, a price-to-earnings ratio of 19.67 and a beta of 1.12. Belden has a 52 week low of $101.00 and a 52 week high of $159.99.

Belden (NYSE:BDC) last announced its earnings results on Thursday, April 30th. The industrial products company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The business had revenue of $696.38 million for the quarter, compared to analysts’ expectations of $677.03 million. During the same quarter last year, the firm earned $1.60 EPS. The business’s revenue for the quarter 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 predict that Belden will post 8.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BDC. Caitong International Asset Management Co. Ltd grew its stake in Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after buying an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after buying an additional 165 shares during the last quarter. Fairscale Capital LLC acquired a new stake in Belden in the fourth quarter worth about $51,000. Smartleaf Asset Management LLC boosted its holdings in Belden by 32.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 106 shares in the last quarter. Finally, Torren Management LLC purchased a new stake in shares of Belden during the fourth quarter worth about $62,000. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

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.