28,200 Shares in Belden Inc $BDC Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Belden Inc (NYSE:BDC) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 28,200 shares of the industrial products company’s stock, valued at approximately $3,382,000. Livforsakringsbolaget Skandia Omsesidigt owned approximately 0.07% of Belden at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Crossmark Global Holdings Inc. increased its position in Belden by 4.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock valued at $275,000 after buying an additional 100 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Belden by 10.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,127 shares of the industrial products company’s stock valued at $129,000 after acquiring an additional 102 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Belden by 32.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 437 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 106 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Belden by 3.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,904 shares of the industrial products company’s stock worth $452,000 after purchasing an additional 142 shares in the last quarter. Finally, Vise Technologies Inc. grew its position in Belden by 2.1% in the 3rd quarter. Vise Technologies Inc. now owns 7,058 shares of the industrial products company’s stock valued at $849,000 after purchasing an additional 144 shares during the period. Institutional investors own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on BDC shares. Citigroup began coverage on Belden in a research note on Friday, June 26th. They set a “buy” rating and a $150.00 price target for the company. Truist Financial reiterated 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. DA Davidson increased their price target on Belden from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Weiss Ratings downgraded shares of Belden from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Finally, Wall Street Zen lowered shares of Belden from a “strong-buy” rating to a “buy” rating in a research note on Saturday. 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’s stock. According to MarketBeat, Belden presently has a consensus rating of “Buy” and an average target price of $160.00.

Belden Stock Down 3.9%

BDC stock opened at $115.30 on Friday. Belden Inc has a fifty-two week low of $98.00 and a fifty-two week high of $159.99. The stock has a fifty day moving average of $117.11 and a 200-day moving average of $120.32. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of 18.75 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.

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

Belden Dividend Announcement

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

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.