Belden (NYSE:BDC) Receives “Buy” Rating from Truist Financial

Belden (NYSE:BDC)‘s stock had its “buy” rating reissued by stock analysts at Truist Financial in a research note issued on Friday,Benzinga reports. They presently have a $145.00 target price on the industrial products company’s stock, down from their previous target price of $155.00. Truist Financial’s price target suggests a potential upside of 23.42% from the company’s current price.

A number of other brokerages have also recently issued reports on BDC. Weiss Ratings cut shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Wall Street Zen raised Belden from a “hold” rating to a “buy” rating in a report on Monday, July 20th. DA Davidson assumed coverage on Belden in a report on Tuesday, June 16th. They set a “buy” rating and a $155.00 price target for the company. Citigroup initiated coverage on Belden in a research note on Friday, June 26th. They issued a “buy” rating and a $150.00 price objective on the stock. Finally, Fox Advisors raised Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Belden has an average rating of “Buy” and a consensus price target of $156.25.

Belden Trading Up 15.1%

BDC opened at $117.48 on Friday. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 19.78 and a beta of 1.12. 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 has a twelve month low of $98.00 and a twelve month high of $159.99. The company has a 50-day simple moving average of $110.21 and a 200 day simple moving average of $119.32.

Belden (NYSE:BDC) last released its earnings results on Thursday, July 30th. The industrial products company reported $2.34 EPS for the quarter, beating the consensus estimate of $2.04 by $0.30. The firm had revenue of $750.16 million for the quarter, compared to analyst estimates of $746.75 million. Belden had a net margin of 8.49% and a return on equity of 24.47%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period last year, the firm earned $1.89 EPS. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Analysts predict that Belden will post 8.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its holdings in Belden by 12,950.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock valued at $31,000 after buying an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Belden by 134.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock worth $33,000 after buying an additional 165 shares during the period. Fairscale Capital LLC bought a new stake in Belden during the 4th quarter worth approximately $51,000. Smartleaf Asset Management LLC increased its position 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 acquiring an additional 106 shares during the period. Finally, Clearstead Advisors LLC increased its position in Belden by 208.1% in the 4th quarter. Clearstead Advisors LLC now owns 530 shares of the industrial products company’s stock valued at $62,000 after acquiring an additional 358 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Key Stories Impacting Belden

Here are the key news stories impacting Belden this week:

• Positive Sentiment: Quarterly results exceeded expectations. Belden reported adjusted EPS of $2.34, above the $2.04 analyst consensus, while revenue reached $750.2 million versus expectations of $746.8 million. Adjusted EPS increased 24% year over year, and revenue rose 11.6% to a record level. Belden Reports Record Second Quarter 2026 Results
• Positive Sentiment: Orders showed strong forward demand. Record orders of $836 million increased 19% year over year, producing a 1.11 book-to-bill ratio. Management and analysts highlighted AI-related infrastructure, data-center networking and automation demand as important growth drivers. Belden Q2 2026 Earnings Call Highlights
• Positive Sentiment: Operating momentum strengthened. GAAP EPS rose 14% year over year to $1.74, while the company completed its previously announced acquisition of RU, potentially broadening Belden’s networking solutions portfolio. Belden 2026 Q2 Results Presentation
• Neutral Sentiment: Third-quarter guidance was broadly in line with expectations. Belden forecast adjusted EPS of $2.15-$2.30, compared with the $2.25 consensus, and revenue of $950 million-$970 million versus the $959 million consensus. The outlook supports continued growth but did not clearly represent a major forecast upgrade. Belden Q2 2026 Earnings Report

Belden Company 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.