Key Points
- Leah Tate sold 2,954 shares of Belden on Feb. 4 at an average price of $130 for about $384,020, cutting her holding by 10.61% to 24,881 shares.
- Belden shares are trading near a 1‑year high (opened at $139.90, 1‑year high $140.43) with a market cap of about $5.5 billion and a P/E of 24.85; the stock was up roughly 6.2%.
- Analysts have a consensus rating of "Moderate Buy" with an average price target of $140 (Truist raised its target to $150), and institutional investors own about 98.75% of the stock.
Belden Inc (NYSE:BDC - Get Free Report) CAO Doug Zink sold 485 shares of Belden stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $126.00, for a total transaction of $61,110.00. Following the completion of the sale, the chief accounting officer directly owned 4,642 shares of the company's stock, valued at approximately $584,892. The trade was a 9.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Doug Zink also recently made the following trade(s):
- On Friday, February 6th, Doug Zink sold 1,452 shares of Belden stock. The shares were sold at an average price of $133.96, for a total value of $194,509.92.
- On Tuesday, December 9th, Doug Zink sold 4,000 shares of Belden stock. The stock was sold at an average price of $125.00, for a total value of $500,000.00.
Belden Stock Performance
Shares of NYSE BDC opened at $139.90 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.37 and a current ratio of 1.99. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 24.85 and a beta of 1.20. The business's 50-day simple moving average is $119.38 and its 200-day simple moving average is $120.73. Belden Inc has a 52 week low of $83.18 and a 52 week high of $140.43.
Belden Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.1%. The ex-dividend date was Thursday, December 11th. Belden's dividend payout ratio (DPR) is 3.55%.
Wall Street Analysts Forecast Growth
BDC has been the topic of a number of research analyst reports. Weiss Ratings reiterated a "hold (c+)" rating on shares of Belden in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of Belden from a "hold" rating to a "buy" rating in a report on Saturday, January 17th. Finally, Truist Financial lifted their price objective on Belden from $149.00 to $150.00 and gave the stock a "buy" rating in a research note on Friday, December 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $140.00.
Read Our Latest Stock Analysis on Belden
Key Belden News
Here are the key news stories impacting Belden this week:
- Positive Sentiment: Brokerage consensus is tilted positive — multiple analyst upgrades and a MarketBeat consensus of "Moderate Buy" with an average price target near $140 helped tone market sentiment. Analyst Consensus
- Positive Sentiment: Institutional investors have been adding to positions (e.g., Allspring, JPMorgan increases), which supports demand and liquidity for the stock. Institutional Trading Details
- Positive Sentiment: Belden pays a small quarterly dividend (annualized $0.20) — modest yield but signals shareholder-return policy continuity. Dividend Notice
- Neutral Sentiment: Valuation and technicals are mixed — BDC trades near its 52-week high with a P/E around 25 and moving averages (~$119–$121), so upside may be tempered if growth expectations don't materialize.
- Negative Sentiment: Insider selling: SVP Leah Tate sold 2,954 shares at an average $130 (reducing her stake ~10.6%), which can create short-term supply and signal executive diversification. Leah Tate Filing
- Negative Sentiment: More insider sales by CAO Doug Zink (multiple transactions totaling ~1,937 shares at ~$126–$134) add to the selling narrative from insiders. Doug Zink Filings
Institutional Trading of Belden
Hedge funds and other institutional investors have recently bought and sold shares of the stock. LSV Asset Management raised its position in shares of Belden by 5.4% during the fourth quarter. LSV Asset Management now owns 47,643 shares of the industrial products company's stock valued at $5,553,000 after buying an additional 2,433 shares during the last quarter. Newport Trust Company LLC increased its stake in Belden by 2.8% during the fourth quarter. Newport Trust Company LLC now owns 341,103 shares of the industrial products company's stock valued at $39,756,000 after acquiring an additional 9,337 shares during the period. Global Retirement Partners LLC acquired a new position in Belden in the 4th quarter valued at approximately $78,000. PNC Financial Services Group Inc. lifted its position in shares of Belden by 12.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,025 shares of the industrial products company's stock worth $119,000 after acquiring an additional 116 shares during the period. Finally, Handelsbanken Fonder AB grew its holdings in shares of Belden by 23.4% during the 4th quarter. Handelsbanken Fonder AB now owns 13,730 shares of the industrial products company's stock worth $1,600,000 after purchasing an additional 2,600 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.
Belden Company Profile
(
Get Free Report)
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.
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