BeldenBDC
Market Cap: $4.05B
About: Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products. It operates in Americas, EMEA and APAC, out of which maximum revenue from Americas.
Employees: 8,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 32
4% more funds holding
Funds holding: 276 [Q1] → 288 (+12) [Q2]
3.03% more ownership
Funds ownership: 99.89% [Q1] → 102.92% (+3.03%) [Q2]
3% more capital invested
Capital invested by funds: $3.8B [Q1] → $3.93B (+$128M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 114
35% less call options, than puts
Call options by funds: $807K | Put options by funds: $1.24M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Benchmark Reuben Garner 51% 1-year accuracy 19 / 37 met price target | 16%upside $115 | Buy Maintained | 2 Aug 2024 |
Truist Securities William Stein 64% 1-year accuracy 28 / 44 met price target | 25%upside $124 | Buy Maintained | 2 Aug 2024 |
Vertical Research Kevin McCarthy 44% 1-year accuracy 4 / 9 met price target | 11%upside $110 | Buy Initiated | 23 Jul 2024 |
Truist Securities William Stein 64% 1-year accuracy 28 / 44 met price target | 24%upside $123 | Buy Maintained | 5 Jul 2024 |
Truist Securities William Stein 64% 1-year accuracy 28 / 44 met price target | 20%upside $119 | Buy Reiterated | 14 Jun 2024 |
Financial journalist opinion
Based on 9 articles about BDC published over the past 30 days