William Blair Investment Management LLC Buys New Shares in Belden Inc $BDC

William Blair Investment Management LLC bought a new position in shares of Belden Inc (NYSE:BDC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 178,144 shares of the industrial products company’s stock, valued at approximately $21,361,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Callan Family Office LLC bought a new position in shares of Belden in the second quarter valued at $1,479,000. Keebeck Wealth Management bought a new stake in shares of Belden during the 2nd quarter worth $533,000. Allworth Financial LP acquired a new position in shares of Belden in the 2nd quarter worth $35,000. Ceredex Value Advisors LLC acquired a new position in shares of Belden in the 2nd quarter worth $14,275,000. Finally, Madison Asset Management LLC acquired a new stake in shares of Belden during the second quarter worth $1,839,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Belden Stock Performance

Shares of BDC opened at $122.33 on Friday. The company has a market capitalization of $4.78 billion, a PE ratio of 19.89 and a beta of 1.13. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.49 and a current ratio of 2.14. The company’s 50 day moving average price is $117.36 and its 200 day moving average price is $120.74. Belden Inc has a 52 week low of $98.00 and a 52 week high of $159.99.

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

Belden Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Citigroup initiated coverage on Belden in a research report on Friday, June 26th. They issued a “buy” rating and a $150.00 price target for the company. Zacks Research raised shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. DA Davidson raised their target price on shares of Belden from $155.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings downgraded shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Finally, Truist Financial restated a “buy” rating and set a $145.00 price target (down from $155.00) on shares of Belden in a report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Belden currently has a consensus rating of “Buy” and a consensus target price of $160.00.

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.