Belden (NYSE:BDC) Reaches New 52-Week Low – Here’s Why

Belden Inc (NYSE:BDC)’s share price reached a new 52-week low on Monday . The stock traded as low as $98.00 and last traded at $101.9180, with a volume of 493022 shares traded. The stock had previously closed at $101.39.

Wall Street Analysts Forecast Growth

BDC has been the subject of a number of recent analyst reports. Fox Advisors raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Truist Financial boosted their target price on Belden from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. DA Davidson started coverage on Belden in a report on Tuesday, June 16th. They issued a “buy” rating and a $155.00 target price for the company. Weiss Ratings raised Belden from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 14th. Finally, Wall Street Zen raised Belden from a “hold” rating to a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $158.75.

Belden Stock Performance

The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.40 and a current ratio of 2.09. The company has a market cap of $3.94 billion, a PE ratio of 17.04 and a beta of 1.12. The company’s 50 day moving average price is $110.60 and its 200-day moving average price is $120.04.

Belden (NYSE:BDC) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.07. Belden had a return on equity of 24.47% and a net margin of 8.49%.The business had revenue of $696.38 million during the quarter, compared to analyst estimates of $677.03 million. During the same period in the prior year, the company earned $1.60 earnings per share. Belden’s revenue was up 11.4% compared to the same quarter last year. Belden has set its Q2 2026 guidance at 1.950-2.050 EPS. Equities research analysts anticipate that Belden Inc will post 8.22 earnings per share for the current fiscal year.

Belden Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Tuesday, June 16th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, June 16th. Belden’s payout ratio is currently 3.37%.

Hedge Funds Weigh In On Belden

Several large investors have recently modified their holdings of BDC. Caitong International Asset Management Co. Ltd boosted its holdings in Belden by 12,950.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the industrial products company’s stock worth $31,000 after buying an additional 259 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Belden by 134.1% in the second quarter. EverSource Wealth Advisors LLC now owns 288 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 165 shares in the last quarter. Fairscale Capital LLC bought a new stake in shares of Belden during the 4th quarter valued at $51,000. Smartleaf Asset Management LLC lifted its holdings in Belden by 32.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 106 shares in the last quarter. Finally, Torren Management LLC bought a new position in Belden in the 4th quarter worth about $62,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

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.