Ceredex Value Advisors LLC Sells 12,175 Shares of Belden Inc $BDC

Ceredex Value Advisors LLC cut its holdings in Belden Inc (NYSE:BDC) by 9.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 111,475 shares of the industrial products company’s stock after selling 12,175 shares during the period. Ceredex Value Advisors LLC’s holdings in Belden were worth $13,407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of Belden by 134.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 165 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Belden by 234.3% in the third quarter. Smartleaf Asset Management LLC now owns 331 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 232 shares during the period. Employees Retirement System of Texas acquired a new stake in Belden in the second quarter worth $52,000. Hantz Financial Services Inc. increased its stake in Belden by 152.5% in the third quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 276 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in Belden by 40.7% in the second quarter. Osaic Holdings Inc. now owns 581 shares of the industrial products company’s stock valued at $67,000 after purchasing an additional 168 shares in the last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on BDC shares. Weiss Ratings upgraded Belden from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded Belden from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Truist Financial boosted their price objective on Belden from $149.00 to $150.00 and gave the company a “buy” rating in a report on Friday, December 19th. Finally, Benchmark upped their target price on Belden from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Belden has a consensus rating of “Buy” and an average target price of $148.33.

Insider Activity

In related news, Director Jonathan C. Klein sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $124.19, for a total transaction of $372,570.00. Following the sale, the director directly owned 8,353 shares in the company, valued at approximately $1,037,359.07. This represents a 26.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Doug Zink sold 1,452 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $133.96, for a total transaction of $194,509.92. Following the completion of the transaction, the chief accounting officer directly owned 4,642 shares of the company’s stock, valued at approximately $621,842.32. This trade represents a 23.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,891 shares of company stock valued at $1,012,210 over the last quarter. Company insiders own 1.48% of the company’s stock.

Belden Stock Up 2.2%

BDC opened at $125.66 on Wednesday. Belden Inc has a fifty-two week low of $83.18 and a fifty-two week high of $159.99. The firm has a market capitalization of $4.87 billion, a P/E ratio of 21.26 and a beta of 1.18. The company’s 50-day moving average is $128.97 and its 200 day moving average is $123.34. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.93 and a quick ratio of 1.36.

Belden (NYSE:BDC) last announced its earnings results on Thursday, February 12th. The industrial products company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.15. The firm had revenue of $720.12 million for the quarter, compared to the consensus estimate of $696.97 million. Belden had a return on equity of 24.43% and a net margin of 8.75%.The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.92 EPS. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. Research analysts expect that Belden Inc will post 7.07 earnings per share for the current fiscal year.

Belden Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 12th will be paid a $0.05 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Belden’s dividend payout ratio (DPR) is presently 3.38%.

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.