Allianz Asset Management GmbH Grows Stock Holdings in Belden Inc $BDC

Allianz Asset Management GmbH raised its holdings in Belden Inc (NYSE:BDC) by 9.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 48,528 shares of the industrial products company’s stock after acquiring an additional 4,254 shares during the period. Allianz Asset Management GmbH’s holdings in Belden were worth $5,620,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in BDC. Maseco LLP purchased a new stake in shares of Belden in the second quarter valued at $25,000. GAMMA Investing LLC boosted its stake in Belden by 34.7% in the 1st quarter. GAMMA Investing LLC now owns 446 shares of the industrial products company’s stock worth $45,000 after buying an additional 115 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in Belden in the 1st quarter valued at about $47,000. Covestor Ltd increased its stake in shares of Belden by 23.5% during the 1st quarter. Covestor Ltd now owns 636 shares of the industrial products company’s stock valued at $64,000 after acquiring an additional 121 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in shares of Belden by 195.2% during the 2nd quarter. UMB Bank n.a. now owns 552 shares of the industrial products company’s stock worth $64,000 after acquiring an additional 365 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Belden Trading Down 0.3%

Shares of BDC stock opened at $117.79 on Thursday. The company has a quick ratio of 1.35, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. Belden Inc has a fifty-two week low of $83.18 and a fifty-two week high of $133.77. The firm’s 50 day moving average price is $124.02 and its two-hundred day moving average price is $115.68. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 21.34 and a beta of 1.26.

Belden (NYSE:BDC) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.17. The firm had revenue of $671.99 million during the quarter, compared to the consensus estimate of $654.82 million. Belden had a return on equity of 23.29% and a net margin of 8.60%.The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.51 EPS. Belden has set its Q3 2025 guidance at 1.850-1.950 EPS. On average, analysts anticipate that Belden Inc will post 7.07 EPS for the current year.

Belden Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 11th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s payout ratio is 3.62%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on BDC shares. The Goldman Sachs Group restated a “buy” rating on shares of Belden in a report on Friday, July 11th. Benchmark boosted their price objective on shares of Belden from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Wall Street Zen downgraded Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Belden in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Belden currently has a consensus rating of “Moderate Buy” and an average target price of $136.50.

Belden Profile

Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.