Belden Inc (NYSE:BDC) Given Average Rating of “Buy” by Analysts

Belden Inc (NYSE:BDC) has been assigned a consensus recommendation of “Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $160.00.

A number of analysts have recently issued reports on BDC shares. Truist Financial reiterated a “buy” rating and set a $145.00 price target (down from $155.00) on shares of Belden in a research report on Friday, July 31st. Citigroup initiated coverage on shares of Belden in a research report on Friday, June 26th. They issued a “buy” rating and a $150.00 price objective on the stock. Zacks Research raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. DA Davidson boosted their price target on shares of Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Finally, Weiss Ratings lowered shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 29th.

Belden Stock Up 0.1%

BDC opened at $115.30 on Monday. The firm has a market capitalization of $4.51 billion, a P/E ratio of 18.75 and a beta of 1.12. Belden has a one year low of $98.00 and a one year high of $159.99. The company has a fifty day moving average price of $117.11 and a 200-day moving average price of $120.17. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49.

Belden (NYSE:BDC) last issued its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.32. Belden had a return on equity of 25.00% and a net margin of 8.52%.The company had revenue of $750.16 million for the quarter, compared to the consensus estimate of $746.75 million. During the same quarter last year, the business posted $1.89 earnings per share. The firm’s revenue was up 11.6% compared to the same quarter last year. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Equities research analysts expect that Belden will post 8.69 earnings per share for the current fiscal year.

Belden Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be given a $0.05 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s payout ratio is 3.25%.

Institutional Investors Weigh In On Belden

Large investors have recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. boosted its stake in shares of Belden by 4.6% during 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 period. PNC Financial Services Group Inc. increased its stake in shares of Belden by 10.0% in 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 period. Smartleaf Asset Management LLC increased its stake 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 worth $52,000 after buying an additional 106 shares during the period. Captrust Financial Advisors raised its holdings in Belden by 3.8% during 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 during the last quarter. Finally, Vise Technologies Inc. raised its holdings in Belden by 2.1% during the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock valued at $849,000 after buying an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 98.75% of the company’s stock.

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.