12,581 Shares in Belden Inc $BDC Bought by M&T Bank Corp

M&T Bank Corp acquired a new position in shares of Belden Inc (NYSE:BDC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 12,581 shares of the industrial products company’s stock, valued at approximately $1,466,000.

A number of other hedge funds have also recently made changes to their positions in BDC. Caitong International Asset Management Co. Ltd lifted its stake in shares of Belden by 12,950.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 259 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 165 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Belden by 234.3% during the 3rd 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 last quarter. Hantz Financial Services Inc. lifted its stake in shares of Belden by 152.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 457 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 276 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of Belden by 40.7% during the 2nd quarter. Osaic Holdings Inc. now owns 581 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 168 shares during the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Belden Trading Down 0.3%

Shares of NYSE:BDC opened at $127.41 on Thursday. The business’s 50-day moving average is $126.52 and its 200 day moving average is $122.32. Belden Inc has a 1 year low of $97.47 and a 1 year high of $159.99. The firm has a market capitalization of $4.96 billion, a P/E ratio of 21.56 and a beta of 1.27. 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 (EPS) for the quarter, beating the consensus estimate of $1.93 by $0.15. Belden had a return on equity of 24.43% and a net margin of 8.75%.The company had revenue of $720.12 million for the quarter, compared to analyst estimates of $696.97 million. During the same period in the prior year, the company posted $1.92 EPS. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Belden has set its Q1 2026 guidance at 1.650-1.750 EPS. On average, research analysts predict that Belden Inc will post 8.08 earnings per share for the current fiscal year.

Belden Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Thursday, March 12th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, March 12th. Belden’s dividend payout ratio is currently 3.38%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Weiss Ratings lowered Belden from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Finally, Benchmark upped their target price on Belden from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Belden presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.50.

Insider Activity

In related news, SVP Leah Tate sold 2,954 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $130.00, for a total transaction of $384,020.00. Following the transaction, the senior vice president directly owned 24,881 shares of the company’s stock, valued at $3,234,530. This represents a 10.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Doug Zink sold 1,452 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $133.96, for a total value of $194,509.92. Following the completion of the transaction, the chief accounting officer directly owned 4,642 shares in the company, valued at $621,842.32. This represents a 23.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,891 shares of company stock worth $639,640 over the last ninety days. 1.05% of the stock is currently owned by corporate insiders.

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.