Belden (NYSE:BDC) Stock Dropped to “Buy” by Wall Street Zen

Wall Street Zen downgraded shares of Belden (NYSE:BDC) from a strong-buy rating to a buy rating in a research note published on Saturday morning,Wall Street Zen reports.

A number of other brokerages have also issued reports on BDC. Fox Advisors raised Belden from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Truist Financial reiterated a “buy” rating and issued a $145.00 target price (down from $155.00) on shares of Belden in a research note on Friday, July 31st. DA Davidson lifted their target price on Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Weiss Ratings raised shares of Belden from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Finally, Needham & Company LLC began coverage on shares of Belden in a report on Wednesday, September 23rd. They issued a “buy” rating and a $140.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $156.00.

Belden Stock Down 1.5%

Shares of BDC opened at $105.84 on Friday. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 23.78 and a beta of 1.13. Belden has a 1 year low of $96.06 and a 1 year high of $159.99. The business’s 50 day simple moving average is $111.43 and its 200-day simple moving average is $118.19. The company has a debt-to-equity ratio of 2.18, a current ratio of 1.82 and a quick ratio of 1.49.

Belden (NYSE:BDC) last posted its earnings results on Thursday, October 29th. The industrial products company reported $2.26 EPS for the quarter, meeting analysts’ consensus estimates of $2.26. Belden had a return on equity of 25.06% and a net margin of 5.62%. The firm had revenue of $965.95 million during the quarter, compared to the consensus estimate of $961.91 million. During the same period in the prior year, the company earned $1.97 EPS. The company’s quarterly revenue was up 38.3% compared to the same quarter last year. As a group, equities analysts expect that Belden will post 8.69 earnings per share for the current fiscal year.

Belden Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 16th were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Belden’s dividend payout ratio is 4.49%.

Institutional Investors Weigh In On Belden

Several hedge funds have recently modified their holdings of BDC. Ancora Advisors LLC bought a new position in Belden in the second quarter worth approximately $27,000. Allworth Financial LP purchased a new stake in Belden during the second quarter worth $35,000. Caitlin John LLC purchased a new stake in Belden during the second quarter worth $49,000. Covestor Ltd boosted its position in Belden by 90.1% during the 3rd quarter. Covestor Ltd now owns 498 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 236 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in Belden during the 2nd quarter valued at $69,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

More Belden News

Here are the key news stories impacting Belden this week:

• Positive Sentiment: Belden reported record third-quarter revenue of $965.95 million, up 38.3% year over year and above analysts’ $961.91 million estimate. Adjusted EPS of $2.26 matched consensus expectations. Belden Q3 Adjusted Earnings, Revenue Rise; Issues Q4 Outlook
• Positive Sentiment: Orders reached a record $1.017 billion, up 46% year over year, producing a 1.05x book-to-bill ratio. Organic orders increased 16%, indicating demand is outpacing recognized sales and could support future growth. Belden Reports Record Third Quarter 2026 Results
• Positive Sentiment: The company agreed to supply approximately $100 million of fiber solutions to a major U.S. data-center customer in 2027. Management also highlighted accelerating AI data-center demand, strengthening the growth narrative for Belden’s networking products. Belden Earnings Call Highlights AI Data Center Surge
• Neutral Sentiment: Belden forecast fourth-quarter revenue of $960 million to $980 million and adjusted EPS of $2.20 to $2.35. The outlook signals continued solid demand, although the adjusted EPS range is below the latest quarterly result. Belden Q4 Adjusted EPS Outlook
• Negative Sentiment: GAAP results showed a net loss of $11.4 million, or $0.29 per diluted share, versus $56.7 million of net income and $1.41 EPS a year earlier. The loss included non-cash purchase-accounting charges, but the unfavorable headline result may explain the stock’s decline despite strong adjusted performance. Belden Revenue Hits Record $966 Million

About Belden

Belden Inc (NYSE: BDC) is a global provider of signal transmission and networking solutions. The company designs and manufactures products that support the secure movement of data, audio and video across enterprise, industrial and broadcast environments.

Its product portfolio includes copper and fiber-optic cable, connectors, patching and rack systems, industrial Ethernet equipment, network infrastructure, cybersecurity and software-enabled solutions. Belden’s offerings are used in applications such as industrial automation, transportation, energy, enterprise networking, data centers, smart buildings and professional broadcasting.

Founded in 1902, Belden serves customers through operations and distribution channels spanning North America, Europe, Asia and other international markets.