Ceredex Value Advisors LLC Takes Position in Belden Inc $BDC

Ceredex Value Advisors LLC acquired a new position in shares of Belden Inc (NYSE:BDC) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 119,050 shares of the industrial products company’s stock, valued at approximately $14,275,000.

Other hedge funds also recently bought and sold shares of the company. UBS Group AG raised its position in shares of Belden by 15.0% in the fourth quarter. UBS Group AG now owns 213,489 shares of the industrial products company’s stock valued at $24,882,000 after buying an additional 27,827 shares during the last quarter. Pier Capital LLC purchased a new position in shares of Belden during the fourth quarter valued at approximately $7,473,000. Wesbanco Bank Inc. acquired a new stake in Belden during the fourth quarter worth approximately $1,166,000. Leeward Investments LLC MA boosted its position in Belden by 5.3% during the first quarter. Leeward Investments LLC MA now owns 137,376 shares of the industrial products company’s stock worth $15,775,000 after acquiring an additional 6,923 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Belden by 9.4% in the 1st quarter. Bank of America Corp DE now owns 238,651 shares of the industrial products company’s stock worth $27,404,000 after acquiring an additional 20,465 shares during the period. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings downgraded Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Wall Street Zen upgraded Belden from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Truist Financial reaffirmed a “buy” rating and issued a $145.00 price objective (down from $155.00) on shares of Belden in a research report on Friday, July 31st. Zacks Research upgraded Belden from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Finally, Fox Advisors upgraded Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $160.00.

Belden Stock Performance

NYSE:BDC opened at $124.25 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.14 and a debt-to-equity ratio of 0.89. The company has a market cap of $4.86 billion, a P/E ratio of 20.20 and a beta of 1.13. Belden Inc has a fifty-two week low of $98.00 and a fifty-two week high of $159.99. The firm’s 50 day moving average is $117.22 and its two-hundred day moving average is $120.73.

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

Belden Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 16th. Belden’s dividend payout ratio (DPR) is 3.25%.

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.