Quantbot Technologies LP Invests $670,000 in Belden Inc $BDC

Quantbot Technologies LP purchased a new position in Belden Inc (NYSE:BDC) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,591 shares of the industrial products company’s stock, valued at approximately $670,000.

A number of other large investors also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its holdings in Belden by 12,950.0% in the third 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 period. Allworth Financial LP bought a new stake in shares of Belden in the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC boosted its position 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 worth $33,000 after purchasing an additional 165 shares in the last quarter. Fairscale Capital LLC purchased a new stake in shares of Belden in the 4th quarter worth approximately $51,000. Finally, Smartleaf Asset Management LLC increased its position in Belden by 32.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock valued at $52,000 after buying an additional 106 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BDC has been the subject of a number of recent research reports. Citigroup began coverage on Belden in a research note on Friday, June 26th. They set a “buy” rating and a $150.00 price objective for the company. DA Davidson raised their price target on Belden from $155.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Truist Financial reaffirmed a “buy” rating and issued a $145.00 price target (down from $155.00) on shares of Belden in a research report on Friday, July 31st. Zacks Research upgraded shares of Belden from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen upgraded shares of Belden from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $160.00.

Belden Stock Up 1.7%

BDC stock opened at $120.11 on Friday. The stock has a market capitalization of $4.69 billion, a P/E ratio of 19.53 and a beta of 1.13. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49. Belden Inc has a 1-year low of $98.00 and a 1-year high of $159.99. The business has a fifty day moving average price of $117.27 and a 200-day moving average price of $120.35.

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

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden’s payout ratio is currently 3.25%.

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.