Key Points
- Insider sale: SVP Leah Tate sold 2,554 shares on Dec. 3 at an average of $120 per share for proceeds of $306,480, trimming her stake by 8.4% to 27,835 shares (≈$3.34M).
- Quarterly results: Belden beat Q3 estimates with $1.97 EPS (vs. $1.90 est.) and $698.2M revenue (vs. $679.6M), and set Q4 2025 guidance of $1.90–$2.00 EPS; analysts have a consensus "Moderate Buy" and $136.67 target.
- Dividend announced: The company declared a $0.05 quarterly dividend (annualized $0.20) with an ex-dividend date of Dec. 11 and a yield of about 0.2%.
Belden Inc (NYSE:BDC - Get Free Report) SVP Leah Tate sold 2,554 shares of the business's stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $120.00, for a total value of $306,480.00. Following the completion of the transaction, the senior vice president directly owned 27,835 shares in the company, valued at $3,340,200. The trade was a 8.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Belden Price Performance
BDC stock traded up $0.80 during midday trading on Friday, reaching $121.36. 9,325 shares of the company's stock traded hands, compared to its average volume of 276,765. The company has a 50-day simple moving average of $115.69 and a two-hundred day simple moving average of $119.07. The company has a quick ratio of 1.37, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. Belden Inc has a 1-year low of $83.18 and a 1-year high of $133.77. The company has a market cap of $4.77 billion, a price-to-earnings ratio of 21.55 and a beta of 1.19.
Belden (NYSE:BDC - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The industrial products company reported $1.97 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.07. Belden had a return on equity of 23.95% and a net margin of 8.57%.The company had revenue of $698.22 million for the quarter, compared to analyst estimates of $679.61 million. During the same quarter in the previous year, the firm earned $1.70 earnings per share. The business's revenue was up 6.6% on a year-over-year basis. Belden has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, analysts anticipate that Belden Inc will post 7.07 earnings per share for the current year.
Belden Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Belden's payout ratio is currently 3.55%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of Belden in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $136.67.
Get Our Latest Stock Analysis on BDC
Institutional Investors Weigh In On Belden
Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Belden by 1.9% in the third quarter. Vanguard Group Inc. now owns 4,893,012 shares of the industrial products company's stock valued at $588,483,000 after buying an additional 93,274 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Belden by 2.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,071,846 shares of the industrial products company's stock valued at $126,328,000 after acquiring an additional 28,336 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Belden by 37.2% in the 1st quarter. Invesco Ltd. now owns 1,024,497 shares of the industrial products company's stock valued at $102,706,000 after purchasing an additional 277,782 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Belden by 18.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 821,118 shares of the industrial products company's stock worth $82,319,000 after purchasing an additional 125,722 shares during the last quarter. Finally, Channing Capital Management LLC boosted its position in shares of Belden by 16.2% in the 2nd quarter. Channing Capital Management LLC now owns 625,893 shares of the industrial products company's stock worth $72,478,000 after purchasing an additional 87,400 shares during the last quarter. Institutional investors and hedge funds own 98.75% of the company's stock.
About Belden
(
Get Free Report)
Belden Inc designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber to the home, and building automation.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
